Company Filing History:
Years Active: 2012-2018
Title: Innovations by Michael Vincent Esposito
Introduction
Michael Vincent Esposito is an accomplished inventor based in Aurora, OH. He has made significant contributions to the field of insurance technology, holding three patents that enhance the efficiency and effectiveness of insurance services. His work focuses on automating processes and improving user experience in obtaining insurance quotes.
Latest Patents
One of Esposito's latest patents is the "Insurance Coverage Checker System." This automated system allows users to request one or more insurance quotes through both self-service and agent-service communication channels. The system features an interface that can receive user data from various sources, enabling a front-end application to selectively pass this data to a record-keeping system. A quote server or processor then generates customized insurance quotes based on the user's preferences for price and coverage. Additionally, a recommendation engine suggests insurance coverages tailored to the user's information and highlights selected coverages that may lack certain features.
Another notable patent is the "Monitoring System for Determining and Communicating a Cost of Insurance." This system records, stores, calculates, communicates, and reviews operational aspects of a machine, with insurance costs influenced by the activities of the machine operator. Users can receive discounts for providing operational data to insurers, and the system allows for comparative reviews of this information. It also helps users understand how changes in their operating behavior can impact their insurance rates.
Career Highlights
Esposito is currently employed at Progressive Casualty Insurance Company, where he applies his innovative ideas to improve insurance processes. His work has been instrumental in developing systems that streamline insurance quote generation and enhance user engagement.
Collaborations
Esposito collaborates with talented colleagues, including Alan Rex Bauer and Kurtis Tavis Burns, who contribute to the development of innovative insurance solutions.
Conclusion
Michael Vincent Esposito's contributions to the insurance industry through his patents demonstrate his commitment to innovation and improving user experiences. His work continues to influence the way insurance services are delivered and accessed.