Transforming subrogation with AI-powered decisioning | HCLTech
Transforming subrogation with AI-powered decisioning

Overview

Insurance carriers need to improve their subrogation recoveries to bring down their loss ratios, enhance customer satisfaction and stay competitive in the market.

Because an ineffective or inefficient subrogation process will directly impact your bottom-line, it is crucial to optimize your subrogation strategy and deploy relevant solutions for favorable outcomes. HCLTech has partnered with CCC SafeKeep to develop a subrogation platform solution that will not only accelerate your process but also improve your recovery outcomes with AI-powered decisioning.

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Overview

Solution components

AI-powered decisions
AI-powered decisions
Subrogation-as-a-service
Subrogation-as-a-service
Subrogation-specific UX workflow
Subrogation-specific UX workflow

Benefits

Significant increase in recoveries
Significant increase in recoveries
Reduction in the manual review process to find subrogable files
Reduction in the manual review process to find subrogable files
Demand settlement via intelligent carrier-to-carrier network
Demand settlement via intelligent carrier-to-carrier network