New York Life Insurance Patents – Key Insights and Stats

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

New York Life Insurance Company Worldwide Legal Trends

Patent Families

New York Life Insurance Company patent portfolio

How Many Patents did New York Life Insurance Company File Every Year?

New York Life Insurance Company Patent Filing Trend

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 GrantNew York Life Insurance Company Applications FiledNew York Life Insurance Company Patents Granted
20113
201254
201321
201425
20152
2016
2017
20181
20192
20201
20211
2022

How Many Patents did New York Life Insurance Company File in Different Countries?

New York Life Insurance Company Worldwide Filing

Where are Research Centres of New York Life Insurance Company Patents Located?

New York Life Insurance Company R&D Centres

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 NumberCitation Count
US5440326A887
US5898421A487
US5698784A313
US5138154A306
US20070100727A1118
US5325384A101
US5594169A81
US5131963A63
US4939763A59
US5432003A55

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 FirmTotal ApplicationSuccess Rate
New York Life Insurance Company5570.91%
Silicon Valley Bank2885.71%
Crystallume2673.08%
Advanced Refractory Technologies, Inc.18100.00%
Electronic Designs, Inc.18100.00%
Fleet National Bank18100.00%
Advanced Refractroy Technologies, Inc.17100.00%
Petra Capital, Llc17100.00%
Pinneo, John M.1060.00%
Gyration, Inc.988.89%

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 PatentsTitle
US11023864B2System and method for integrating privacy into contact management systems
US10846798B2Methods and systems for providing liquidity options and permanent legacy benefits for annuities
US10453140B2System and method for allocating traditional and non-traditional assets in an investment portfolio
US10373254B2System and method for providing income payments to an investor
US9928552B1Methods and systems for insurance investment product decision modeling
US20160125545A1System and method for determining lifetime events from  data sources
US20150332402A1System and method for providing additional income for annuities
US20150161739A1Methods and systems for providing and underwriting life insurance benefits convertible into other benefits
US8799033B2Methods and systems for providing longevity insurance with or without an asset based premium
US8768730B1Methods and systems for providing and underwriting life insurance benefits convertible into other benefits
US8706595B2Flexible premium income annuity system and method
US8666783B1Methods and systems for stabilizing revenue derived from variable annuities regardless of market conditions
US8645255B2System and method for providing income payments to an investor
US8533080B2Methods and systems for providing liquidity options and permanent legacy benefits for annuities
US20130097098A1Methods and systems for providing deferred annuities with an income reset feature
US20130018678A1Family protection insurance method and system
US8340986B2Methods and systems for providing deferred annuities with an income reset feature
US8311924B2System and method for providing income payments to an investor
US8296166B2Family protection insurance method and system
US20120209629A1Systems and methods for providing an asset allocation whole life insurance option with a premium funding vehicle
US8234132B2Methods and systems for providing longevity insurance with or without an asset based premium
US20120116990A1System and method for allocating assets among financial products in an investor portfolio
US7797173B1Methods and systems for providing juvenile insurance product with premium waiver feature
US20090248451A1Method, system and media for specified expense coverage life insurance policies
US20080183636A1Methods and systems for customizing amounts and duration of payments of life insurance product
US7392202B1Methods and systems for providing an insurance policy with an inflation protection option
US20070185741A1Methods and Systems for Providing and Underwriting Life Insurance Benefits Convertible into Other Benefits
US20070100727A1Method and system for providing flexible income, liquidity options and permanent legacy benefits for annuities
US5898421AGyroscopic pointer and method
US5836345AVacuum breaker vent valve packaging and installation system
US5725099AVacuum breaker vent valve packaging and installation system
US5698784AVibratory rate gyroscope and methods of assembly and operation
USD378751S1Graphic display controller
US5594169AOptically sensed wire gyroscope apparatus and system, and methods for manufacture and cursor control
US5440326AGyroscopic pointer
US5432003AContinuous thin diamond film and method for making same
US5413772ADiamond film and solid particle composite structure and methods for fabricating same
USD349823S1Housing for a facsimile machine
US5329377AFacsimile communicating aid
US5325384AStructure and method for mounting laser diode arrays
US5304424AHigh thermal conductivity diamond/non-diamond composite materials
US5284709ADiamond materials with enhanced heat conductivity
US5277975AHigh thermal-conductivity diamond-coated fiber articles
US5273790AMethod for consolidating diamond particles to form high thermal conductivity article
US5273825AArticle comprising regions of high thermal conductivity diamond on substrates
US5271971AMicrowave plasma CVD method for coating a substrate with high thermal-conductivity diamond material
US5270114AHigh thermal conductivity diamond/non-diamond composite materials
US5230740AApparatus for controlling plasma size and position in plasma-activated chemical vapor deposition processes comprising rotating dielectric
US5138154AShaft angle encoder with rotating off-axis interference pattern
US5131963ASilicon on insulator semiconductor composition containing thin synthetic diamone films
US5075095AMethod for preparation of diamond ceramics
US5015528AFluidized bed diamond particle growth
US4939763AMethod for preparing diamond X-ray transmissive elements
US4882138AMethod for preparation of diamond ceramics
US4849199AMethod for suppressing growth of graphite and other non-diamond carbon species during formation of synthetic diamond
US32634AIsland
WO2000063812A1Graphical user interface for displaying options for funding an estate tax liability
WO2000063813A1Graphical user interface for displaying alternatives for transferring estate assets to heirs
AU2000044696A1Graphical user interface for displaying options for funding an estate tax liability
AU2000044744A1Graphical user interface for displaying alternatives for transferring estate assets to heirs

Table of Content

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Our comprehensive report provides an in-depth look into the patent portfolio. The report includes a breakdown of the patent portfolio across various technologies, listing the patent along with brief summaries of each patent's technology.