Concept & Practice Technology Benefits Service Continuing Education About Us Sample Market Reports

     
Sample Market Reports About Us Continuing Education Service Benefits Technology Concept & Practice Sample Market Reports
 
 

Paulmar Group Announces

US Patent Issued for P&C Insurance Premium Trust Accounting

 Image of Patent

June 26, 2018 – Las Vegas, NV

On November 7, 2017 US Patent & Trademark Office issued patent No. 9,811,863 B1 for P&C insurance premium trust accounting technology. Two inventors take credit for the development of this unique product: Chris Marinescu and Emma Hart.

This product accomplishes two main objectives: 1) it automates the P&C insurance agency premium trust transactions and 2) guarantees the agency fiduciary compliance. Unique trust financial reports will enable agency owners to monitor and control premium trust funds fiduciary compliance:

  • Trust Balance Sheet
  • Trust Float Statement (Receipts & Disbursements Statement)
  • Financial Solvency Analysis
  • Statement of Trust Funds Beneficiaries

Chris Marinescu, Founder & President of Paulmar Group stated this product represents the “missing link” of P&C insurance agency automation. While not competing with any of the current agency management systems, this product will easily integrate with all. By automating the agency’s trust account transactions, this product paves the way to rapid organic growth, higher productivity, and improved profit performance. A significant competitive advantage for both producing agencies and insurance companies will follow as agencies will be able to concentrate on sales and service, rather than accounting and fiduciary compliance.    

The introduction into the marketplace of this product has the potential to foster a new management paradigm in the P&C insurance industry, leaner and more efficient.    

For additional information on this patent send email to Emma Hart at emmahart@paulmargroup.com For more information on Paulmar Group visit www.paulmartrustaccounitng.com

 
  Contact Us!

Compliance Guarantee Download Corporate Brochure Download Continuing Education Brochure

Home | Contact Us | Site Map
Copyright © 2009 - 2013 Paulmar Group LLC - All rights reserved.