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How an insurance company handles the subrogation recovery process impacts its value- to policyholders and shareholders. Companies are under increasing pressure to operate more efficiently. Many insurers are looking for an alternative way to handle subrogation other than through traditional in-house means.

By outsourcing their subrogation claims from the first notice of loss, companies avoid spending millions of dollars to hire, train and manage staff. Insurance companies are realizing tangible benefits from subrogation outsourcing. In-house staff can focus on core competencies which allows for significant cost savings and an increased bottom line.

    The benefits of a Praxis Total Outsource include:
Lower costs with no up-front expenses (we work on a contingent fee basis)
Higher levels of return on subrogation potential
Increased efficiency and effectiveness
Enhanced client focus on core business activities
Subrogation total outsource specialists employing trained adjusters and arbitration handlers
Real-time electronic client access to claims data for status