Tractable announced the launch of AI Subro, a new solution that will help US auto insurers resolve subrogation tasks with artificial intelligence (AI).
AI Subro digitizes and accelerates many of the tasks involved in subrogation – the process by which insurers legally pursue third parties that have caused losses to the insured. At present, subrogation is often a manual, time-intensive process, frequently outsourced to service providers.
With AI Subro, insurers can carry out their own subrogation claims, accurately and efficiently – helping them avoid outsourcing, recover more losses and reduce their loss ratios, resulting in better outcomes for policyholders.
James
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