Very often an insurance carrier or self-insured may not have the resources to develop a top-notch internal subrogation team and thus outsources the recovery process to a vendor specializing in subrogation recoveries. In other instances the subrogation vendor acts in the capacity of support to an internal subrogation team by handling overflow or providing special […]
Most insurance carriers have long ago recognized the importance of subrogation. Some have developed dedicated departments staffed with highly trained specialists who may work in conjunction with the claims department to handle this function. Others are supported by outside resources to reach their recovery goals. But oftentimes the subrogation process is underutilized or neglected entirely […]
Subrogation on property losses can present a number of challenges for the Property Adjuster who has to balance expeditious claims handling with a thorough investigation in to the cause of the loss. Here are 5 practices that can lead to success in the pursuit of a recovery: Have an Eye for Recovery – Make it a point to […]
Subrogation programs are often handled in-house, while others are fully or partially outsourced. Each company needs to make a decision on which model will be the most cost-effective and efficient for their organization. read more here