US Patent Issued to Swiss Reinsurance on June 30 for "Digital system comprising finite state machine engines for automated processing of flexible configurable individual policies segmented by life-cycle states, inter alia, using a sliced admission control triggered by unscheduled sum cover increase, and method thereof" (Swiss Inventors)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,670,530, issued on June 30, was assigned to Swiss Reinsurance Co. Ltd. (Zurich, Switzerland).

"Digital system comprising finite state machine engines for automated processing of flexible configurable individual policies segmented by life-cycle states, inter alia, using a sliced admission control triggered by unscheduled sum cover increase, and method thereof" was invented by Alexander Raich (Zurich, Switzerland), Jorg Aulich (Zurich, Switzerland) and Lars Tackmann (Zurich, Switzerland).

According to the abstract* released by the U.S. Patent & Trademark Office: "Proposed is a digital finite state system and platform and corresponding method thereof, for processing a digital object by ...