Patents by Inventor David M. Fromer

David M. Fromer has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20040103003
    Abstract: Method and system for bundling a weather-related risk management product to the trading of commodities, such as agriculture, food, electricity, natural gas, oil and other products being traded through independent electronic commerce exchanges including business-to-consumer, business-to-business and traditional established commodity exchanges. A weather-related insurance product is created for a commodity which will specify the weather-related risk premium and compensation to be paid if certain defined events occur. The exchange offers the insurance product to its members, and for those that purchase the insurance product, a premium is added to the cost for each transaction in which the member is a party. By bundling a weather-related insurance product together with each trade or transaction, the weather-related risk premium is incorporated as an added transaction cost at the time the trade is confirmed.
    Type: Application
    Filed: November 22, 2002
    Publication date: May 27, 2004
    Applicant: E-COMM CONNECT, LLC
    Inventors: Mark M. Mayers, David M. Fromer