METHOD AND SYSTEM FOR PROCESSING DATA RELATING TO DETERMINING SUBROGATION RECOVERY

摘要

A method for identifying select ones of insurance records which possess a favorable subrogation potential. The method includes receiving data indicative of a plurality of claims; automatically calculating a base score to identify select ones of the claims which demonstrate at least a given probability of expected subrogation recovery dependently upon the received data; automatically identifying risk factors for each of the select claims; and, automatically scoring each of the select claims dependently upon the base scores and identified risk factors to provide a value indicative of an expected subrogation recovery.

主权项

1. A computer system for processing data relating to determining an expected subrogation recovery for one or more insurance claims, comprising:
a data storage device storing data relating to a plurality of insurance claims as to which an insurer has a right of subrogation, a computer processor in communication with the data storage device and configured to: calculate, for one or more of the plurality of insurance claims a first score indicative of a likelihood of expected subrogation recovery; access one or more risk factors for the one or more insurance claims; determine, based on the first score and the one or more risk factors, a value indicative of an expected subrogation recovery, the value not representing a sum certain of an obligation to the insurer, and store the determined value indicative of an expected subrogation recovery, in a memory device.