Property/Casualty Subrogation Analytics: Overview and Prominent Providers

Loss and loss adjustment expenses are the largest cost component for property/casualty carriers.  

June 16, 2022 – Subrogation solutions are increasingly incorporating AI and related technologies, and these solutions can rapidly review both structured and unstructured data to identify the most promising opportunities for subrogation recovery. With an aging claims workforce, mounting cost pressures, and a large volume of claims data, property/casualty insurers have good reasons to adopt these solutions.

This report provides an overview of the current vendor marketplace for property/casualty subrogation analytics solutions. It is designed to assist insurers with creating shortlists of potential providers based on solution details. The vendor profiles are based on secondary research and factual responses to a universal request for information distributed by Aite-Novarica Group and product demonstrations.

The following vendors are included in this report: Ajira AI, CCC, EXL, Gigaforce, Guidewire, InsurAnalytics, Megaputer Intelligence Inc., Shift Technology, Source7, Tractable, and Verisk.

This 21-page Impact Report contains two tables. Clients of Aite-Novarica Group’s Property & Casualty service can download this report and the corresponding charts.

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