Notable Patents
- EP 0700009 “Individual evaluation system for motorcar risk”. First patent on telematic automobile insurance. Commercialized as PAYD auto insurance in the UK.
- US 6235176 “Computer apparatus and method for defined contribution and profit sharing pension and disability plan”. Patented disability insurance for a defined contribution pension plans. Adopted by IBM for their employees.
Read more about this topic: Insurance Patent
Famous quotes containing the word notable:
“Every notable advance in technique or organization has to be paid for, and in most cases the debit is more or less equivalent to the credit. Except of course when it’s more than equivalent, as it has been with universal education, for example, or wireless, or these damned aeroplanes. In which case, of course, your progress is a step backwards and downwards.”
—Aldous Huxley (1894–1963)
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