Company Filing History:
Years Active: 2019-2023
Title: The Innovative Mind of Todor Penev
Introduction
Todor Penev is a notable inventor based in Atlanta, GA, who has made significant contributions to the field of benefits optimization. With a total of three patents to his name, Penev's work focuses on enhancing the selection process for benefits plans within organizations. His innovative approach combines data analysis and machine learning to improve member satisfaction and organizational efficiency.
Latest Patents
One of Todor Penev's latest patents is titled "Optimizing benefits selection in view of both member population and organizational preferences." This patent outlines systems and methods for optimizing benefits plan options offered by organizations. The process involves balancing derived population preferences with organizational preferences by analyzing historical selections made by individuals. By applying census data to machine learning algorithms, Penev's system estimates selection preferences of members. It calculates costs of various product offering scenarios and overall member satisfaction estimates. Ultimately, the product offering scenarios that meet both member preference criteria and organizational budget criteria are presented for review.
Career Highlights
Throughout his career, Todor Penev has worked with Aon Global Operations Ltd and Aon Global Operations SE, both in Singapore. His experience in these organizations has allowed him to develop and refine his innovative ideas in benefits optimization.
Collaborations
Some of Todor Penev's notable coworkers include Michael Morrow and Salina Shah. Their collaboration has likely contributed to the development of his innovative solutions in the field.
Conclusion
Todor Penev is a distinguished inventor whose work in optimizing benefits selection has the potential to transform how organizations approach employee benefits. His innovative methods and collaborative spirit continue to drive advancements in this important area.