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What is Shift Subrogation?

Shift Subrogation is an innovative software-as-a-service (SaaS) platform powered by artificial intelligence that independently identifies, assesses, and highlights potential subrogation recovery opportunities for insurance companies, particularly within the Property & Casualty (P&C) industry. By merging structured data such as policy details and claims with unstructured text, including loss descriptions and comments from adjusters, the system utilizes generative AI along with a range of analytical models to determine liability, apply relevant state laws and negligence principles, and examine exposures while factoring in statute limitations and jurisdictional regulations, as well as referencing external sources like product recalls. It generates alerts that come with scores and detailed explanations for each recovery opportunity, enabling claims handlers to grasp not only which cases are worth pursuing but also the rationale behind each suggestion. The platform also features continuous monitoring of claims, adapting alerts as new information emerges or as assessments of recoverability evolve over time. This ongoing vigilance helps insurance firms stay informed and take proactive steps in their recovery strategies, ultimately enhancing their operational efficiency in managing subrogation claims. Consequently, the integration of advanced technology ensures that these companies are equipped with the insights needed to maximize their recovery potential effectively.

What is ClaimScore?

ClaimScore is the only independent software solution dedicated to addressing the increasing problem of claim fraud in class action settlements. Each claim undergoes a detailed evaluation on an individual level using our distinctive AI, ML, and Cloud Architecture, with outcomes presented immediately on an interactive dashboard. At the outset, every claim is assigned a ClaimScore of 1,000, which decreases whenever it fails to meet certain criteria. These criteria are assigned fixed or variable weights, reflecting their correlation with fraudulent or legitimate claims. To promote transparency, each claim includes deduction codes that align with the criteria that were not met, making sure that all parties involved, such as the administrator and the court, are well-informed about the exact reasons for any claim denial. This comprehensive method not only builds trust among stakeholders but also strengthens the credibility of the claims process, ultimately contributing to a more reliable settlement environment. By leveraging advanced technology in this manner, ClaimScore ensures a rigorous defense against fraudulent activities.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Not specified

Company Facts

Organization Name

Shift Technology

Date Founded

2013

Company Location

France

Company Website

www.shift-technology.com/products/subrogation

Company Facts

Organization Name

ClaimScore

Date Founded

2022

Company Location

United States

Company Website

www.claimscore.ai

Categories and Features

AI Insurance

Not specified

Insurance

Not specified

Categories and Features

AI Insurance

Not specified

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