Patricia A Bens

Title: Patricia A Bens: Innovator in Insurance Underwriting Technology

Introduction

Patricia A Bens is a notable inventor based in Wayne, PA, who has made significant contributions to the field of insurance technology. With a focus on improving the underwriting process, her innovative solutions have the potential to streamline operations within the insurance industry.

Latest Patents

Patricia holds a patent for a "System for electronically managing and documenting the underwriting of an excess casualty insurance policy." This computer-implemented system is designed to manage the underwriting, quoting, and binding processes for insurance companies. It effectively selects and stores standard industrial classification codes associated with the insured, along with primary carrier names. The system also maintains a database of SIC code records linked to underwriting guidelines, which include essential criteria such as minimum premiums and hazard ratings. By displaying candidate risk modifiers for underwriters, the system enhances the efficiency of developing quotations based on detailed operational descriptions and selected risk criteria.

Career Highlights

Patricia is currently employed at the Insurance Company of North America, where she applies her expertise in insurance technology. Her work focuses on creating systems that improve the accuracy and efficiency of underwriting processes, ultimately benefiting both insurers and policyholders.

Collaborations

Throughout her career, Patricia has collaborated with esteemed colleagues, including Robert B Underwood and William F Wall. These partnerships have allowed her to further refine her innovations and contribute to advancements in the insurance sector.

Conclusion

Patricia A Bens is a pioneering inventor whose work in insurance technology exemplifies the impact of innovation on traditional industries. Her patent for an underwriting management system showcases her commitment to enhancing efficiency and accuracy in insurance practices.