Uncontrolled inflation, higher claims costs and a changing workforce putting the pressure on loss ratios and insurer profitability. Improved subrogation execution is an untapped opportunity for many insurers and can mitigate the impact these challenges have on claims performance. Yet, many insurers still rely on the same methods they always have to maximize subrogation recoveries.
Listen in to hear Shift’s Mike Loiseau and Tom Harrington discuss the impact AI-based detection can have in helping insurers unlock subrogation recovery potential. Topics covered include:
- The market challenges requiring insurers to think differently about subrogation
- How AI can help insurers detect more subrogation opportunities and improve handler effectiveness
- Real world examples of the impact AI on subrogation scenarios
