Pursuing subrogation against an uninsured party can be a daunting task, even for the most experienced Recovery Specialist. Challenges are quite different than pursuing recovery from an adverse carrier where the person negotiating the claim has insurance, liability, and investigative experience and understands subrogation. On claims with adverse carriers if an impasse is reached due […]
As a new year approaches it has become customary to make a promise to perform acts of self-improvement to achieve a personal or professional goal. It’s a time to reflect on the past years’ accomplishments, create new goals and make an effort to improve in the upcoming year. For everyone involved in the subrogation process […]
The Challenge: Spartan was assigned to recover damages to cargo while in transit ; damages totaled $12,975.22. Client purchased wood from a supplier who then contracted out to a vendor who then hired a trucker to ship the product from Arkansas to Iowa; a one-day ship. The Bill of Lading stated the “Product must be […]
Successful subrogation programs require a strong foundation, strengthened with proven recovery processes and refined with strategies relevant to each line of business. Read more here http://www.propertycasualty360.com/2017/11/17/building-a-successful-property-subrogation-program?slreturn=1517934198
The use of technology can help an insurer select the claims with the greatest recovery potential. read more here