Method and system for identifying subrogation potential and valuing a subrogation file

A method for identifying select ones of insurance records which possess a favorable subrogation potential. The method includes receiving data indicative of a plurality of claims; automatically calculating a base score to identify select ones of the claims which demonstrate at least a given probabili...

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Hauptverfasser: PIERCE DON, ROJEWSKI MARCIA, ROJEWSKI LISA, PAI CHUNN, JEFFREY DAVID, ALEIA ALAN, ROJEWSKI KIM
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creator PIERCE DON
ROJEWSKI MARCIA
ROJEWSKI LISA
PAI CHUNN
JEFFREY DAVID
ALEIA ALAN
ROJEWSKI KIM
description A method for identifying select ones of insurance records which possess a favorable subrogation potential. The method includes receiving data indicative of a plurality of claims; automatically calculating a base score to identify select ones of the claims which demonstrate at least a given probability of expected subrogation recovery dependently upon the received data; automatically identifying risk factors for each of the select claims; and, automatically scoring each of the select claims dependently upon the base scores and identified risk factors to provide a value indicative of an expected subrogation recovery.
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subjects CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
title Method and system for identifying subrogation potential and valuing a subrogation file
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