Company Filing History:
Years Active: 2011-2014
Title: Michael Frederick Hobart: Innovator in Insurance Technology
Introduction
Michael Frederick Hobart is a notable inventor based in Round Lake Beach, IL (US). He has made significant contributions to the field of insurance technology, holding a total of 5 patents. His work focuses on improving the efficiency and accuracy of insurance estimates, making the process more user-friendly and accessible.
Latest Patents
One of Hobart's latest patents is titled "Real-time insurance estimate based on non-personal identifying information." This patent describes methods and systems for providing estimated insurance quotes and premiums. The system analyzes various rate factors and selects a subset that yields an accurate estimated insurance premium using minimal information from the user. The user inputs a value from a predetermined set of allowable inputs, and the system generates one or more estimates, which are displayed to the user, typically via a web page. This innovative approach alleviates privacy concerns by utilizing readily known non-personal identifying information, allowing for quick estimates, often in under 30 seconds.
Career Highlights
Michael Hobart is currently employed at Allstate Insurance Company, where he continues to develop and refine his innovative ideas in the insurance sector. His work has significantly impacted how insurance estimates are generated and presented to consumers.
Collaborations
Hobart has collaborated with notable colleagues, including Craig Oldham and Dean Krieter, contributing to a dynamic work environment that fosters innovation and creativity.
Conclusion
Michael Frederick Hobart is a distinguished inventor whose work in insurance technology is paving the way for more efficient and user-friendly solutions. His contributions are not only enhancing the insurance industry but also addressing consumer privacy concerns effectively.