Company Filing History:
Years Active: 2014
Title: Pradraic Sheerin: Innovator in Insurance Solutions
Introduction
Pradraic Sheerin is a notable inventor based in Dungiven, GB. He has made significant contributions to the field of insurance through his innovative ideas and solutions. With a focus on improving insurance rating systems, Sheerin has developed a unique approach that enhances the efficiency of insurance policies.
Latest Patents
Pradraic Sheerin holds a patent for an "Insurance rating plan." This invention outlines a method for determining the first amount of insurance for a set of insured entities under a single policy. The process involves receiving replacement cost factor data from various sources to establish a first replacement cost. By comparing the first amount of insurance with the first replacement cost, Sheerin's method allows for the calculation of an insurance premium that is both fair and competitive.
Career Highlights
Sheerin is currently associated with Allstate Insurance Company, where he applies his expertise in insurance solutions. His work focuses on developing innovative strategies that benefit both the company and its clients. With a patent to his name, he has demonstrated his commitment to advancing the insurance industry.
Collaborations
Throughout his career, Pradraic Sheerin has collaborated with talented professionals, including Eric D Huls and Carolyn Parker. These partnerships have fostered a creative environment that encourages the development of groundbreaking ideas in insurance.
Conclusion
Pradraic Sheerin's contributions to the insurance sector through his patent and collaborative efforts highlight his role as an innovator. His work continues to influence the way insurance policies are structured and priced, ultimately benefiting consumers and the industry alike.