New Fund Will Buy Insurer Subrogation Claims Newly-created Subrogation Capital Group Inc. has commenced a venture that will offer insurers cash up front for auto damage subrogation claims on their books.
The company, based in Westport, Conn., said a key part of its operation will be the use of a computer model from claims administration firm Subrogation Partners Inc.
The Group said it plans to follow the launch of its auto operation with a series of other investment funds to focus exclusively on purchasing portfolios of insurance industry subrogation claims.
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