Elliott R. Feldman was quoted in the recent article “Subrogation Trends” by the Claims and Litigation Management Alliance (CLM). The article interviews several Subrogation Professionals about significant trends they have noticed in subrogation over the last several years.
In the article, Elliott says, “Without question, utilizing predictive analytics and machine learning tools in assessing subrogation prospects is overtaking the industry. It requires the application of substantial amounts of data to programs utilizing key terms, and logistical and syntactical analysis, including comparison of projected results with actual outcomes, to develop effective, accurate, and adjustable results. Once potentially viable claims are separated, it takes human firepower in the form of experienced and smart claims professionals, both in-house and outside law firms/vendors, to accelerate and maximize recoveries.”
To read the full article, click here.