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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 DRILLER?

DRILLER is a cutting-edge analytics platform aimed at transforming the digitization and comprehensive analysis of insurance portfolios by effectively managing both structured and unstructured data. This solution significantly improves the understanding of the portfolio's resilience and the nature of claims. By utilizing its advanced features, it accelerates reserve releases, leading to reduced requirements for solvency capital and minimized capital costs. The innovative tool leverages artificial intelligence to perform in-depth evaluations of portfolios and claims, while also predicting potential adverse developments in claims through a sophisticated severity scoring mechanism. Furthermore, it enables the prompt identification of claims that may be either under-reserved or over-reserved. Users gain access to fully searchable documentation and claims, coupled with valuable insights into the structure of the portfolio. The tool excels in recognizing various elements such as characters, numbers, and sentiment while efficiently categorizing documents and identifying specific characteristics of claims. It also simplifies the process of reviewing and prioritizing critical claims that require urgent attention, all supported by automated analysis across the entire portfolio, thereby enhancing both operational efficiency and informed decision-making. In addition, the platform continually evolves to incorporate user feedback, ensuring it remains relevant and effective in meeting the dynamic needs of the insurance industry.

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

Documentation Hub
On-Site Training

Company Facts

Organization Name

Shift Technology

Date Founded

2013

Company Location

France

Company Website

www.shift-technology.com/products/subrogation

Company Facts

Organization Name

DGTAL

Company Location

Germany

Company Website

dgtal.io/products/

Categories and Features

AI Insurance

Not specified

Insurance

Not specified

Categories and Features

AI Insurance

Not specified

Insurance

Not specified

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