Company Filing History:
Years Active: 1999
Title: Walter Baronowski: Innovator in Financial Solutions
Introduction
Walter Baronowski is a notable inventor based in New York, NY (US). He has made significant contributions to the field of financial solutions, particularly in providing innovative systems for life insurance policyholders. His work has the potential to change the way individuals access credit based on their life insurance policies.
Latest Patents
Walter Baronowski holds a patent for a "System and method for providing a line of credit secured by an insurance policy." This system is designed to offer loans to owners of life insurance policies who are terminally ill or aged. The system comprises a statistical module, medical module, and financial module that work together to determine eligibility and the line of credit for the insured. The owner retains ownership of the policy during their lifetime, while the insured can access a line of credit based on the system's calculations.
Career Highlights
Walter is currently associated with Minerva Corp., where he continues to develop innovative financial solutions. His work has garnered attention for its unique approach to providing financial assistance to those in need without transferring ownership of their life insurance policies.
Collaborations
Walter has collaborated with notable colleagues, including Michael Feldstein and Robert Meenan. Their combined expertise contributes to the advancement of financial technologies and solutions.
Conclusion
Walter Baronowski's innovative approach to financial solutions demonstrates the potential for technology to improve access to credit for vulnerable populations. His contributions to the field are noteworthy and reflect a commitment to enhancing the lives of individuals through thoughtful invention.