Insurance companies, self-insureds discover hidden assets to use as finance tool

Drawing parallels to a $50 billion financial market that has developed for sales of charged-off credit card receivables, some subrogation recovery experts see a hidden jewel among insurance company assets.

While what's glittering may not be evidence of a gold mine for every insurer or self-insured, capital additions as big as $50 million are in the works for some, according to Kevin Manion, chief financial officer of Subrogation Partners.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.