02 — Capability · BC-1750.40
Subrogation & Salvage
Recover what the insurer has paid from those responsible and from damaged property it has taken over, so claim cost reflects what the insurer finally bears. Reinsurance recoveries sit with reinsurance.
- Claim Recoveries
- Recovery Operations
- Subrogation
In scope
- Spotting recovery potential on open and closed claims
- Demands and recovery from responsible parties and their insurers
- Salvage disposal of written-off vehicles and goods
- Inter-insurer arbitration and recovery agreements
Out of scope
- Recoveries due from reinsurers (see BC-1740.50.40)
- Debt collection on unpaid premium or receivables (see BC-250.30)
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Decomposes into · 4
- BC-1750.40.10Subrogation Opportunity IdentificationFlag claims where another party may be liable, early enough to preserve evidence and recovery rights.
- BC-1750.40.20Third-Party Recovery PursuitIssue demands, negotiate and collect from liable parties and their insurers, including recovery of the policyholder's deductible.
- BC-1750.40.30Salvage DisposalTake title to and sell written-off vehicles, goods or materials for the best net return.
- BC-1750.40.40Inter-Insurer ArbitrationResolve recovery disputes between insurers through arbitration forums or bilateral agreements rather than litigation.