Property subrogation continues to be an area that carriers give little investment or innovation, a fact that has caused challenges in increasing the speed at which evidence is investigated, collected, and preserved.
While companies have made incremental strides to improve property recoveries, those efforts typically focus on larger files and known product defects, a conventional strategy that does not create competitive advantage.
Our Subrogation Property Clearinghouse services work in conjunction with the adjuster during the initial phase of each claim to help secure and preserve evidence. EXL provides C&O options, freeing up the adjuster to focus on critical customer-facing tasks to drive more accurate outcomes. We also provide capabilities to handle the end-to-end subrogation, vendor management and collection process.
Read More in the solution sheet…