A skilled business administrator in Miami, Florida, Warren Wamberg has found success in areas that range from genomics to automobile racing. He holds United States patents for four different finance-based inventions including a system and method for insuring against tax liabilities. Warren Wamberg filed for this patent in 2004 along with Kurt Laning, Mark Hopfinger, and Jaime Correa.
Registered through the United States Patent and Trademark Office under patent number 7689445 and officially issued in 2010, this proprietary system and method take the form of a product that can manage the risk of potential changes in insurance policy taxation by offering reimbursements to the purchaser.
Built into this product is a method of calculating specific benefit amounts and policy prices according to potential upcoming tax law alterations. It also incorporates a computer system that uses policy data, owner data, and insured data to calculate benefits. This system provides a full description of product benefits along with policy prices.
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