Tracey Leigh Knorr

Title: Innovative Insights: The Contributions of Tracey Leigh Knorr

Introduction

Tracey Leigh Knorr, a notable inventor based in Colfax, Illinois, has made significant contributions to the field of insurance claim processing. With a focus on enhancing efficiency and accuracy, she holds two patents that demonstrate her commitment to innovation in her industry.

Latest Patents

Tracey Knorr's latest patents revolve around a groundbreaking "Method and System for Early Identification and Settlement of Total Loss Claims." This innovative method facilitates the identification of vehicle total loss claims through retrieving historical vehicle records, classifying these records as either repaired or total loss, and employing a regression model to optimize prediction outcomes. The system enhances the claims process by generating repair suggestions for vehicles deemed repairable and settlement offers for those classified as total losses. This dual-functionality not only streamlines operations but also supports quicker decision-making in claim settlements.

Career Highlights

Tracey currently works at the State Farm Mutual Automobile Insurance Company, where she leverages her expertise to improve various aspects of insurance processing. Her patents reflect her aim to harness technology for practical solutions that benefit both the company and its clients.

Collaborations

In her journey as an inventor, Tracey has collaborated with colleagues such as Carlee A Clymer and Gary Foreman. These partnerships have contributed to her innovative processes and the refinement of her patents, underscoring the value of teamwork in advancing technology within the insurance sector.

Conclusion

Tracey Leigh Knorr is a pioneering inventor whose contributions are shaping the landscape of vehicle insurance claims. Through her patented methods, she not only enhances operational efficiency but also showcases the potential of innovative thinking in addressing real-world challenges. Her work at State Farm Mutual Automobile Insurance Company continues to inspire advancements that bolster the industry’s future.