Patents by Inventor John Anthony Stracka

John Anthony Stracka 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).

  • System for analyzing and managing equity participation life insurance and annuity contracts
    Patent number: 6343272
    Abstract: A system for analyzing and managing a plurality of specified life insurance policies and annuity contracts on behalf of an insurance carrier. The life insurance policies or annuity contracts depend on stock market performance in that the account value increase is determined as a percentage of the performance of a stock market index, with set caps and floors. The percentage is adjusted according to the yield on fixed rate assets. The system manages the increased risk from participation in the stock market by periodically monitoring assets and liabilities and determining the purchase and sale of stock options and other hedging instruments to cover the risks. The system also provides cash and profit determinations from the life insurance policies and annuity contracts.
    Type: Grant
    Filed: December 30, 1999
    Date of Patent: January 29, 2002
    Assignee: FDI/Genesis
    Inventors: Richard Christopher Payne, Richard Wallace Mann, Melvin George Todd, Marc Guy Verrier, John Anthony Stracka
  • System for managing hedged investments for life insurance companies
    Patent number: 6049772
    Abstract: A system for analyzing and managing a plurality of specified life insurance policies and annuity contracts on behalf of an insurance carrier. The life insurance policies or annuity contracts depend on stock market performance in that the account value increase is determined as a percentage of the performance of a stock market index, with set caps and floors. The percentage is adjusted according to the yield on fixed rate assets. The system manages the increased risk from participation in the stock market by periodically monitoring assets and liabilities and determining the purchase and sale of stock options and other hedging instruments to cover the risks. The system also provides cash and profit determinations from the life insurance policies and annuity contracts.
    Type: Grant
    Filed: December 19, 1996
    Date of Patent: April 11, 2000
    Assignee: FDI/Genesis
    Inventors: Richard Christopher Payne, Richard Wallace Mann, Melvin George Todd, Marc Guy Verrier, John Anthony Stracka