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The Financial Impact of Subrogation

Writer: Solace Risk ManagementSolace Risk Management

or companies that self-insure or manage high deductibles, claims expenses can quickly add up, eroding profits and increasing operational costs. Whether it's auto accidents, property damage, workers’ compensation claims, or general liability incidents, a significant portion of these losses may be recoverable if another party is responsible.

By actively pursuing subrogation opportunities, businesses can recoup costs that would otherwise be absorbed as a financial hit. In many cases, companies fail to realize the full extent of recoverable funds, leaving substantial money on the table. A well-executed subrogation strategy ensures that businesses do not bear the financial burden of losses that should rightfully be covered by responsible third parties or their insurers.

 
 
 

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