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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 Everest Elevation?

Cyber risks pose considerable challenges for businesses across the globe. To address these threats, the Cyber Liability team at Everest offers innovative and customized solutions through the Everest Elevation® Insurance Policy. Drawing on extensive industry knowledge, Everest’s accomplished underwriters and claims specialists help clients navigate the evolving cyber landscape. The Everest Elevation® policy includes pre-breach services and comprehensive coverage tailored to meet the needs of various industries. Our robust resources consist of ongoing, personalized security measures throughout the policy term, carefully designed defense strategies, extensive insurance coverage, and incident response support to quickly restore operations after a cyber event. Furthermore, the Business Interruption coverage provides full limits for expenses related to third-party forensic accountants, ensuring businesses receive the necessary support during critical moments. Ultimately, our mission is to empower organizations to not only survive but thrive in an unpredictable cyber environment, fostering resilience and adaptability in the face of potential threats. By prioritizing security and proactive measures, we aim to create a safer digital landscape for all our clients.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
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

Everest Insurance

Date Founded

1973

Company Location

United States

Company Website

www.everestre.com/Insurance/Products/Financial-Lines/Professional-Liability/Cyber-Liability

Categories and Features

Categories and Features

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