This inventor holds 3 USPTO granted patents. Top assignee: Computer Sciences Corporation. Active years: 2011-2012.
Company Filing History:
Years Active: 2011-2012
Title: Scott Henry: Innovator in Claims Settlement Technology
Introduction
Scott Henry is a notable inventor based in Austin, TX (US). He has made significant contributions to the field of claims settlement technology, holding a total of 3 patents. His work focuses on improving the accuracy and efficiency of determining settlement amounts for insurance claims.
Latest Patents
Scott's latest patents include innovative methods for determining recommended settlement amounts by adjusting values derived from matching similar claims. In his first patent, he identifies precedent claims that match a pending claim. A general damages amount is determined based on the likelihood value for at least one of the matching precedent claims. This process involves deriving a general damages amount from the likelihood value and calculating pending claim adjustments based on amounts associated with the pending claim. These adjustments are then applied to the general damages amount to determine a recommended settlement amount.
In his second patent, Scott provides methods and systems for determining and displaying amounts for use in settling insurance claims. This involves identifying closed claims that match an open claim based on one or more characteristics. A likelihood value associated with at least one of the matching closed claims is determined, which helps in establishing an amount for use by an adjuster in settling the open claim. The most likely amount and most likely range associated with the open claim can also be determined based on these likelihood values.
Career Highlights
Scott Henry works at Computer Sciences Corporation, where he applies his expertise in claims settlement technology. His innovative approaches have significantly impacted the efficiency of the claims process, benefiting both insurers and claimants.
Collaborations
Some of Scott's coworkers include Frank Scalet and Clifton Watters, who contribute to the collaborative environment at Computer Sciences Corporation.
Conclusion
Scott Henry is a pioneering inventor whose work in claims settlement technology has led to the development of valuable patents. His contributions continue to enhance the insurance industry's approach to handling claims efficiently and accurately.