Stay Ahead of the Start-up Curve with Tech-Savvy Subrogation
Insurtech start-ups are on the rise. The application of AI software in risk management for insurance companies has promising implications for the insurtech industry. However, in a field like insurance subrogation, which is already heavily regulated, difficult to navigate, and where the laws vary from state to state, a subrogation law firm that understands this high-tech industry is vital to effectively pursuing recovery in any subrogation case.
Technological advances in analyses of meta-data allows insurtech companies to streamline services and pivot risk management strategies according to data trends. This engages customers, whether other organizations or individuals, and reduces overhead costs. Proper management of subrogation claims that understand and utilize these tools allow insurtech companies to reduce risks, losses and premiums.
The Advantage of a High-Tech Approach to Subrogation Cases
Rathbone Group’s tech-savvy approach to subrogation is the perfect complement to an insurtech company’s claims management. Taking an additional look at subrogation claims data analytics have passed over can offer you new opportunities to recover; that requires subrogation counsel with skill and focus, who can navigate this complex and opaque area of insurance law.
Emerging insurance markets require legal representation with a forward-facing approach – one that allows them to stay ahead of the startup curve. An important part of that is minimizing losses through optimizing the financial viability of subrogated matters. Our focus on IT/IS permits innovation enhances the subrogation claims experience for the customer while maximizing profitability for the carrier.
Jeffrey Kaput, Rathbone Group’s Director of Information Technology and Security, and a Certified Information Systems Security Professional (CISSP), leads an experienced in-house team dedicated to keeping subrogation client’s data secure and ensuring that our subrogation law firm remains at the cutting-edge of the field. Insurtech clients can expect adept services that maximize recovery and minimize cost.