Patents by Inventor Sherman POWER

Sherman POWER 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).

  • Convertibly triggered insurance system with a layered trigger structure and corresponding method thereof
    Patent number: 10460393
    Abstract: A system for providing a dynamically morphing, self-sufficient risk protection structure, the system including: risk exposure components that are connected to a first insurance system of the system and that transfer risk exposure associated with an occurrence of defined risk events from the risk exposure components to the first insurance system based on equitable, mutually aligned first risk transfer parameters and correlated aligned first payment transfer parameters, and the first insurance system that is connected to a second insurance system of the system and that transfers risk exposure associated with the occurrence of the defined risk events from the first insurance system to the second insurance system based on equitable, mutually aligned second risk transfer parameters and correlated aligned second payment transfer parameters.
    Type: Grant
    Filed: July 7, 2016
    Date of Patent: October 29, 2019
    Assignee: SWISS REINSURANCE COMPANY LTD.
    Inventors: Claudio Tröhler, Andreas Schäfli, Alexander Bosch, Sherman Power, Patrick Roder, Andrea Scascighini
  • CONVERTIBLY TRIGGERED INSURANCE SYSTEM WITH A LAYERED TRIGGER STRUCTURE AND CORRESPONDING METHOD THEREOF
    Publication number: 20170004581
    Abstract: A system for providing a dynamically morphing, self-sufficient risk protection structure, the system including: risk exposure components that are connected to a first insurance system of the system and that transfer risk exposure associated with an occurrence of defined risk events from the risk exposure components to the first insurance system based on equitable, mutually aligned first risk transfer parameters and correlated aligned first payment transfer parameters, and the first insurance system that is connected to a second insurance system of the system and that transfers risk exposure associated with the occurrence of the defined risk events from the first insurance system to the second insurance system based on equitable, mutually aligned second risk transfer parameters and correlated aligned second payment transfer parameters.
    Type: Application
    Filed: July 7, 2016
    Publication date: January 5, 2017
    Applicant: SWISS REINSURANCE COMPANY LTD.
    Inventors: Claudio TRÖHLER, Andreas SCHÄFLI, Alexander BOSCH, Sherman POWER, Patrick RODER, Andrea SCASCIGHINI