“Subrogation Operations: A Financial Point of View” Reveals that Insurance Company CFOs Who Report Subrogation as a Core Activity Report Higher Recovery Rates
Praxis commissioned third party research firm The Ward Group to conduct a survey among CFOs at property and casualty insurance companies nationwide. The results reveal CFOs’ perspectives on subrogation’s impact on profit at their companies. The findings show that CFOs view subrogation recoveries as having a positive impact on profits, and CFOs who treat subrogation as a core activity, report higher profit and satisfaction.