New York Life Insurance Company has a total of 60 patents globally, out of which 45 have been granted. Of these 60 patents, more than 28% patents are active. United States of America is where New York Life Insurance Company has filed the maximum number of patents, followed by Australia, it has generated an annual revenue of $46.712 billion in the year 2021. Parallelly, USA seems to be the main focused R&D center and is also the origin country of NYLIC.
New York Life has its origins in a charter granted by the New York state legislature to Nautilus Insurance Company in 1841. The New York Life Insurance Firm (NYLIC) is the third-largest life insurance company in the United States. As of March 2022, New York Life Insurance Company has a market cap of $ 54.48 Billion.
Do read about some of the most popular patents of NYLIC which have been covered by us in this article and also you can find the company’s patent information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over company’s patent portfolio.
How many patents does the CEO of New York Life Insurance Company have?
The CEO, Theodore A. Mathas, has 0 patents.
How many patents does New York Life Insurance Company have?
New York Life Insurance Company has a total of 60 patents globally. These patents belong to 36 unique patent families. Out of 60 patents, 17 patents are active.
How many New York Life Insurance Company patents are Alive/Dead?
Worldwide Patents
Patent Families
How Many Patents did New York Life Insurance Company File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
| Year of Patents Filing or Grant | New York Life Insurance Company Applications Filed | New York Life Insurance Company Patents Granted |
| 2011 | 3 | – |
| 2012 | 5 | 4 |
| 2013 | 2 | 1 |
| 2014 | 2 | 5 |
| 2015 | 2 | – |
| 2016 | – | – |
| 2017 | – | – |
| 2018 | – | 1 |
| 2019 | – | 2 |
| 2020 | – | 1 |
| 2021 | – | 1 |
| 2022 | – | – |
How Many Patents did New York Life Insurance Company File in Different Countries?
Where are Research Centres of New York Life Insurance Company Patents Located?
10 Best New York Life Insurance Company Patents
US5440326A is the most popular patent in the New York Life Insurance Company portfolio. It has received 887 citations so far from companies like Nintendo, Siemens, and U.S. Philips Corporation.
Below is the list of 10 most cited patents of New York Life Insurance Company:
| Publication Number | Citation Count |
| US5440326A | 887 |
| US5898421A | 487 |
| US5698784A | 313 |
| US5138154A | 306 |
| US20070100727A1 | 118 |
| US5325384A | 101 |
| US5594169A | 81 |
| US5131963A | 63 |
| US4939763A | 59 |
| US5432003A | 55 |
What Percentage of New York Life Insurance Company US Patent Applications were Granted?
New York Life Insurance Company (Excluding its subsidiaries) has filed 55 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 39 have been granted leading to a grant rate of 70.91%.
Below are the key stats of New York Life Insurance Company patent prosecution at the USPTO.
Which Law Firms Filed Most US Patents for New York Life Insurance Company?
| Law Firm | Total Application | Success Rate |
| New York Life Insurance Company | 55 | 70.91% |
| Silicon Valley Bank | 28 | 85.71% |
| Crystallume | 26 | 73.08% |
| Advanced Refractory Technologies, Inc. | 18 | 100.00% |
| Electronic Designs, Inc. | 18 | 100.00% |
| Fleet National Bank | 18 | 100.00% |
| Advanced Refractroy Technologies, Inc. | 17 | 100.00% |
| Petra Capital, Llc | 17 | 100.00% |
| Pinneo, John M. | 10 | 60.00% |
| Gyration, Inc. | 9 | 88.89% |
Over the last few years, New York Life has made significant progress in digitising, upgrading data resources, and automating the life insurance buying process. This work has proven to be quite relevant in today’s virtual environment, and it has proven to be extremely advantageous to consumers, as they are able to acquire the financial protection they require in a faster and more effective manner than ever before.
New York Life began taking life insurance applications electronically in 2015 as part of a modernization and digitization of the purchase process, which was a significant achievement in the life insurance business at the time.
List of New York Life Insurance Patents
| NYLIC Patents | Title |
| US11023864B2 | System and method for integrating privacy into contact management systems |
| US10846798B2 | Methods and systems for providing liquidity options and permanent legacy benefits for annuities |
| US10453140B2 | System and method for allocating traditional and non-traditional assets in an investment portfolio |
| US10373254B2 | System and method for providing income payments to an investor |
| US9928552B1 | Methods and systems for insurance investment product decision modeling |
| US20160125545A1 | System and method for determining lifetime events from data sources |
| US20150332402A1 | System and method for providing additional income for annuities |
| US20150161739A1 | Methods and systems for providing and underwriting life insurance benefits convertible into other benefits |
| US8799033B2 | Methods and systems for providing longevity insurance with or without an asset based premium |
| US8768730B1 | Methods and systems for providing and underwriting life insurance benefits convertible into other benefits |
| US8706595B2 | Flexible premium income annuity system and method |
| US8666783B1 | Methods and systems for stabilizing revenue derived from variable annuities regardless of market conditions |
| US8645255B2 | System and method for providing income payments to an investor |
| US8533080B2 | Methods and systems for providing liquidity options and permanent legacy benefits for annuities |
| US20130097098A1 | Methods and systems for providing deferred annuities with an income reset feature |
| US20130018678A1 | Family protection insurance method and system |
| US8340986B2 | Methods and systems for providing deferred annuities with an income reset feature |
| US8311924B2 | System and method for providing income payments to an investor |
| US8296166B2 | Family protection insurance method and system |
| US20120209629A1 | Systems and methods for providing an asset allocation whole life insurance option with a premium funding vehicle |
| US8234132B2 | Methods and systems for providing longevity insurance with or without an asset based premium |
| US20120116990A1 | System and method for allocating assets among financial products in an investor portfolio |
| US7797173B1 | Methods and systems for providing juvenile insurance product with premium waiver feature |
| US20090248451A1 | Method, system and media for specified expense coverage life insurance policies |
| US20080183636A1 | Methods and systems for customizing amounts and duration of payments of life insurance product |
| US7392202B1 | Methods and systems for providing an insurance policy with an inflation protection option |
| US20070185741A1 | Methods and Systems for Providing and Underwriting Life Insurance Benefits Convertible into Other Benefits |
| US20070100727A1 | Method and system for providing flexible income, liquidity options and permanent legacy benefits for annuities |
| US5898421A | Gyroscopic pointer and method |
| US5836345A | Vacuum breaker vent valve packaging and installation system |
| US5725099A | Vacuum breaker vent valve packaging and installation system |
| US5698784A | Vibratory rate gyroscope and methods of assembly and operation |
| USD378751S1 | Graphic display controller |
| US5594169A | Optically sensed wire gyroscope apparatus and system, and methods for manufacture and cursor control |
| US5440326A | Gyroscopic pointer |
| US5432003A | Continuous thin diamond film and method for making same |
| US5413772A | Diamond film and solid particle composite structure and methods for fabricating same |
| USD349823S1 | Housing for a facsimile machine |
| US5329377A | Facsimile communicating aid |
| US5325384A | Structure and method for mounting laser diode arrays |
| US5304424A | High thermal conductivity diamond/non-diamond composite materials |
| US5284709A | Diamond materials with enhanced heat conductivity |
| US5277975A | High thermal-conductivity diamond-coated fiber articles |
| US5273790A | Method for consolidating diamond particles to form high thermal conductivity article |
| US5273825A | Article comprising regions of high thermal conductivity diamond on substrates |
| US5271971A | Microwave plasma CVD method for coating a substrate with high thermal-conductivity diamond material |
| US5270114A | High thermal conductivity diamond/non-diamond composite materials |
| US5230740A | Apparatus for controlling plasma size and position in plasma-activated chemical vapor deposition processes comprising rotating dielectric |
| US5138154A | Shaft angle encoder with rotating off-axis interference pattern |
| US5131963A | Silicon on insulator semiconductor composition containing thin synthetic diamone films |
| US5075095A | Method for preparation of diamond ceramics |
| US5015528A | Fluidized bed diamond particle growth |
| US4939763A | Method for preparing diamond X-ray transmissive elements |
| US4882138A | Method for preparation of diamond ceramics |
| US4849199A | Method for suppressing growth of graphite and other non-diamond carbon species during formation of synthetic diamond |
| US32634A | Island |
| WO2000063812A1 | Graphical user interface for displaying options for funding an estate tax liability |
| WO2000063813A1 | Graphical user interface for displaying alternatives for transferring estate assets to heirs |
| AU2000044696A1 | Graphical user interface for displaying options for funding an estate tax liability |
| AU2000044744A1 | Graphical user interface for displaying alternatives for transferring estate assets to heirs |