Arbitration Forums, a nonprofit provider of dispute resolution services, is offering an electronic channel for subrogation dealings between insurance carriers and other involved parties.
Designed to streamline the subrogation process, the E-Subro Hub does not require new software, according to the company, and can be fit to individual technological capacities. Users will be able to send and receive subrogation demands electronically, attach supporting documents (such as estimates, bills, photos, and police reports), automatically route demands to file handlers, negotiate online, and view and download reports.
"The E-Subro Hub will transform a slow, cumbersome, paper-driven subrogation process into a seamless, highly-efficient electronic system that produces rapid settlements and reduces costs," said D. Kay Smith, president and chief executive officer of Tampa, Florida-based AF.
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