Tampa, Fla. Arbitration Forums Inc. (AF) is introducing its E-Subro Hub System, a Web-based paperless network that acts as an electronic clearinghouse for subrogation workflow between insurance carriers and other parties involved in subrogation.The Web-based network, to be launched in September, was developed by AF, a provider of inter-insurance dispute resolution services, to streamline the subrogation process and reduce costs for thousands of insurers, self-insureds, third-party administrators (TPAs) and claims service organizations. The E-Subro Hub is expected to handle millions of transactions annually.
"The E-Subro Hub will transform a slow, cumbersome, paper-driven subrogation process into a seamless, highly-efficient electronic system that produces rapid settlements and reduces costs," says D. Kay Smith, president and chief executive officer of Tampa, Florida-based AF.
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