Company Filing History:
4 out of 1,109 
1 out of 8 
1 out of 14 
Years Active: 2011-2022
Title: Innovations by Stephen Fiete
Introduction
Stephen Fiete is an accomplished inventor based in Evanston, IL (US). He holds a total of 6 patents that focus on innovative systems and methods for estimating risks associated with catastrophic events. His work has significant implications for risk assessment and management in various industries.
Latest Patents
One of Stephen Fiete's latest patents involves systems, methods, and a platform for estimating the risk of catastrophic events. In this illustrative embodiment, the system calculates risk scores for locations potentially affected by such events. The process begins with receiving a risk score request for a specific location, which includes an assessment of risk exposure related to a type of catastrophic event. Depending on the event type, a data compression algorithm is applied to a catastrophic risk model that represents perceived risk amounts in the surrounding area. Upon receiving the request, a risk score is calculated, corresponding to a weighted estimation of data points in the compressed model. Additionally, a user interface screen is generated in real-time to present the catastrophic risk score along with corresponding loss metrics for the location.
Career Highlights
Throughout his career, Stephen Fiete has worked with notable companies such as Allstate Insurance Company and Aon Global Operations Ltd (Singapore Branch). His experience in these organizations has contributed to his expertise in risk assessment and management.
Collaborations
Stephen has collaborated with professionals like Frederick F Cripe and Alok Bhattacharya, enhancing his work through shared knowledge and expertise.
Conclusion
Stephen Fiete's contributions to the field of risk assessment through his innovative patents demonstrate his commitment to improving safety and preparedness for catastrophic events. His work continues to influence the industry positively.