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Three insurance providers purchase licenses under patent portfolio held by Ronald A. Katz Technology Licensing

Published on January 28, 2010 at 1:16 AM · No Comments

Ronald A. Katz Technology Licensing, L.P. announced today that three leading providers of insurance services have purchased licenses under the patent portfolio held by Ronald A. Katz Technology Licensing, L.P. and licensed through its affiliate, A2D, L.P.

“We welcome these leading providers of insurance services and insurance based financial instruments to the large number of companies who have purchased license rights under this portfolio.”

The companies are:

  • American Family Life Assurance Company of Columbus (AFLAC), the number one provider of guaranteed-renewable insurance in the United States with headquarters in Columbus, GA;
  • Allianz of America, Inc., a holding company that provides services to insurance affiliates of the Allianz Group in North America; and,
  • AXA Equitable Life Insurance Company, headquartered in New York City, one of the oldest and largest life insurance organizations in the United States, and part of the AXA Group (NYSE:AXA), a diversified financial services organization offering a broad spectrum of financial advisory, insurance and investment management products and services.

The separate licenses cover services offered by each of the companies in specific Fields of Use, including the “Financial Services Call Processing” field. These services, including customer care available over the phone, are delivered through automated systems as well as the combination of automated systems and live agents. Other terms of the licenses were not disclosed.

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