Subrogation Recovery Services
Our subrogation recovery services are one of many ways CIRMA finds new opportunities to deliver value through its unique competitive advantages—one claim at a time.
So what is subrogation?
Subrogation is aptly known throughout the property-casualty insurance industry as the process by which your insurance company collects money from the party at fault (or their insurance company) to recover funds you or your insurance carrier have already paid, including your deductible. The money that is recouped is often referred to as recovery.
A well-established, yet not-so-well-known component of insurance, subrogation may be the final step in the claims process. However, it certainly is not of most minor importance. CIRMA’s Subrogation Team and its Subrogation Plus program return critical funds to our members and help effectively manage their total cost of risk.
Subrogation Plus
When property damages fall outside policy limits, most insurance carriers abruptly halt the subrogation process, extinguishing any potential of recovering those losses. Our team delivers unique value, going beyond the typical subrogation process and recouping property losses not covered under insurance. The result? Maximized recoveries and promptly returned funds.
Contact your local CIRMA representative for more information.
Don’t Miss Out: Cyber Assessments for CT Municipalities
New cyber assessment resources are available to help your public entity address evolving cybersecurity threats head-on.
Still Using Weak Passwords? Do This Instead.
Despite being widely known as the first line of defense in avoiding cyber-related incidents, passwords have long been firmly established as the weakest link in…
The Scary Truth: Phishing Cyberattacks
Over 90% of data breaches and hacks result from phishing scams that appear most frequently through emails, where criminals pose as legitimate institutions to obtain…
Whitepaper: Create a Home Work Environment that Works for You
Creating a home workspace does not require extraordinary upgrades to your home or even purchasing fancy office equipment. Setting up a workspace with basic…
Social Engineering: How to Protect Your Municipality
Social engineering cyberattacks are becoming increasingly prevalent, costing municipalities millions annually. According to IBM’s latest Data Breach Report, social engineering attacks cost an average…
Wellness at Work
The adoption of workplace social and emotional health programs skyrocketed over the past two years due to heightened visibility during the pandemic when remote…
Preventing Tick-borne Disease Exposure
In Connecticut, occupational exposure to tick-borne diseases is a recognized hazard. Outdoor workers must protect themselves in the spring, summer, and fall when ticks…
Preventing Sprains & Strains
Sprain and strain injuries are the most common and costly workplace injuries. Employees can injure their knee, shoulder, wrist, or back while performing everyday…
Bee Safe
Bee and wasp stings are a common summer nuisance that can turn deadly if the victim develops a severe allergic reaction (anaphylaxis). Public Health…
What our members are saying:
“CIRMA goes well beyond what we’d expect from an insurance provider by recovering additional money related to damage caused by third parties—these recoveries are not just for the property we insure or deductible dollars, but for the cost of damages for property, we don’t carry insurance on. An example in Norwich included a guardrail destroyed during an auto accident – costing the City over ten thousand dollars. With CIRMA’s partnership, we recouped critical funds that will be used to benefit our community.”