Back in July 2009, INN
Thirty-nine percent (39%) referred to subrogation as a core activity at their company, indicating that it plays a significant role in discussion and planning carried out by the senior management team, according to "Subrogation Operations: A Financial Point of View," a Praxis whitepaper in which the survey results are presented.
Those companies that considered subrogation a core activity—independent of whether handled internally or by an external subrogation services provider—felt it had a higher impact on company profit than those that did not.
Alternatively, the 17% of CFOs who indicated they felt they could more effectively utilize the headcount and expenses associated with subrogation elsewhere in their company also rated subrogation as having some or no strategic importance.
Aside from premiums and investment returns, subrogation is one of the few remaining ways insurance companies generate revenue, Praxis says.
To obtain the complete results, visit