Systems and Methods for Identifying a Subrogation Opportunity for a Potential Subrogation Claim
First Claim
1. A computer implemented method comprising:
- receiving, via an application on a computing device of a user, one or more product identifiers, the one or more product identifiers identifying one or more products likely to have contributed to a loss;
searching at least one database for product data related to said one or more product identifiers, said at least one database including one or more of a Statute of Repose database, a Consumer Product Safety database, a historical database and a new trends database;
retrieving, via one or more servers, said product data from said at least one database;
determining, based on said retrieved product data, a subrogation score for each of said one or more products, said subrogation score indicative of subrogation opportunity for a potential subrogation claim relative to said one or more products; and
providing said subrogation score to said user.
2 Assignments
0 Petitions
Accused Products
Abstract
Methods and apparatus are disclosed for determining a subrogation score for a potential subrogation claim. The systems and methods described herein provide a user, such as a claims adjuster, with the tools to retrieve and communicate information related to one or more products likely to have caused a property loss. The systems and methods may further determine a subrogation score indicative of subrogation opportunity for a potential subrogation claim relative to the one or more products. The subrogation score may be based on information in at least one database. The subrogation score may be provided to the user such as an insurance carrier. The user may then decide whether to proceed with further investigative analyses (e.g., component testing of the one or more products) pursuant to a potential subrogation claim. Additional systems and methods disclosed herein facilitate the insurance carrier'"'"'s submission of the one or more products for component testing.
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Citations
21 Claims
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1. A computer implemented method comprising:
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receiving, via an application on a computing device of a user, one or more product identifiers, the one or more product identifiers identifying one or more products likely to have contributed to a loss; searching at least one database for product data related to said one or more product identifiers, said at least one database including one or more of a Statute of Repose database, a Consumer Product Safety database, a historical database and a new trends database; retrieving, via one or more servers, said product data from said at least one database; determining, based on said retrieved product data, a subrogation score for each of said one or more products, said subrogation score indicative of subrogation opportunity for a potential subrogation claim relative to said one or more products; and providing said subrogation score to said user. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. A method for generating a subrogation report implemented on a mobile device, comprising:
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identifying, via the user-interface on the mobile application, one or more product identifiers, the one or more product identifiers identifying one or more products likely to have contributed to a loss; providing, via one or more servers, said one or more product identifiers to a central server; prompting said central server to search at least one database for product data related to said one or more products, said at least one database including one or more of a Statute of Repose database, a Consumer Product Safety database, a historical database and a new trends database; receiving, from said central server, a subrogation score based on said one or more products identifiers, said subrogation score indicative of subrogation opportunity for a potential subrogation claim relative to said one or more products; and displaying said subrogation score via the mobile application.
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21. A non-transitory computer readable storage medium storing computer instructions executable by a processor to perform a method comprising:
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receiving, via an application on a computing device of a user, one or more product identifiers, the one or more product identifiers identifying one or more products likely to have contributed to a loss; searching at least one database for product data related to said one or more product identifiers, said at least one database including one or more of a Statute of Repose database, a Consumer Product Safety database, a historical database and a new trends database; retrieving, via one or more servers, said product data from said at least one database; determining, based on said retrieved product data, a subrogation score for each of said one or more products, said subrogation score indicative of subrogation opportunity for a potential subrogation claim relative to said one or more products; and providing said subrogation score to said user.
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Specification