Company Filing History:
Years Active: 2014-2020
Title: Innovations by Shawn P. Hilario
Introduction
Shawn P. Hilario is an accomplished inventor based in West Hartford, CT (US). He has made significant contributions to the field of life insurance technology, holding 2 patents that enhance the processing and administration of life insurance policies. His work focuses on improving the efficiency and effectiveness of insurance systems.
Latest Patents
One of his latest patents is titled "System and method for processing data related to last survivor life insurance policies." This innovative computer system is designed to process data for last survivor policies involving two or more insured individuals. It includes functionalities such as generating illustrations, processing applications, underwriting, and creating policy documents. The system also integrates ancillary benefits based on medical conditions, longevity, and disabilities of the insured.
Another notable patent is "System and method for administration of life insurance policy with accelerated benefits." This system allows for the administration of life insurance policies by providing accelerated benefits to policy owners upon certification of certain conditions, such as cognitive impairment or loss of ability to perform daily activities. The system ensures that periodic payments are made while adjusting the death benefit accordingly.
Career Highlights
Shawn P. Hilario is currently employed at The Prudential Insurance Company of America, where he applies his expertise in insurance technology. His innovative solutions have the potential to transform how life insurance policies are managed and administered.
Collaborations
Shawn has collaborated with notable colleagues, including Michael J. Roscoe and Paul M. Fischer, who contribute to the development of advanced insurance solutions.
Conclusion
Shawn P. Hilario's contributions to life insurance technology through his patents demonstrate his commitment to innovation in the industry. His work not only enhances the efficiency of insurance processes but also provides valuable benefits to policyholders.