Gone are the days when carriers were required to access multiple screens, apply payments manually to each indemnity line of coverage, move physical checks throughout the organization, and send checks to the bank.
SUBROGATION'S NEW BEST FRIEND
SUBROPRO SYSTEMATIZES 70% OR MORE OF THE INBOUND RECOVERY PAYMENTS
REDUCES THE LOADED COST OF APPLYING DOLLARS TO IDEMNITIES BY 50% OR MORE
IMPROVED CASH FLOW
Reduces The Time From Payment
Receipt To Deposit By Up To 14 Days.
SubroPro is a unique subrogation payments and workflow engine systematizing 70% or more of the inbound recovery payments for the insurance carrier.
- Reduces the loaded cost of applying dollars to indemnities by 50% or more while allowing insight into the workflow of the subro organization.
- Dashboard visibility into data not currently available to management or the subro specialist to implement tailored performance measures.
- Customized workflows allow for individual and team performance goals. Inline settlement benchmarking uses life-to-date analytics to assure maximum recoveries.
- Subro Data Reserve provides industry benchmarking via shared and masked competitor data, allowing data normalization and ongoing analytics to drive decision making.