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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 MotionsCloud?

An advanced mobile and AI-driven platform is engineered to drastically reduce insurance claim expenses and accelerate the claim process from several days down to just a few hours. By leveraging the MotionsCloud estimation engine, damage assessments are conducted in real-time, providing prompt and precise evaluations. The evidence gathered is of high quality, incorporating various media types such as text, audio, images, and video. This evidence is meticulously stored with stringent security measures in place, effectively mitigating the risk of fraud. Claims specialists actively engage with clients via voice and video calls to streamline the claim settlement process. This improved approach not only enhances customer satisfaction but also fosters a sense of loyalty among clients, highlighting the significance of efficient service in the insurance sector. A seamless claims experience can transform one-time claimants into long-term customers, showcasing the value of a responsive service. Ultimately, this innovative solution guarantees that clients receive timely assistance while preserving the integrity and reliability of the claims process.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Has API

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

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Online 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

MotionsCloud

Date Founded

2016

Company Location

Germany

Company Website

motionscloud.com

Categories and Features

AI Insurance

Not specified

Insurance

Not specified

Categories and Features

AI Insurance

Not specified

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