How an insurance company handles the subrogation recovery process impacts its value- to policyholders and shareholders. Companies are under increasing pressure to operate more efficiently. Many insurers are looking for an alternative way to handle subrogation other than through traditional in-house means.
By outsourcing their subrogation claims from the first notice
of loss, companies avoid spending millions
of dollars to hire, train and manage staff.
Insurance companies are realizing tangible
benefits from subrogation outsourcing. In-house
staff can focus on core competencies which
allows for significant cost savings and an
increased bottom line. |