Property Subrogation
A well-executed property subrogation process ensures insurers recover losses tied to property damage while holding the responsible party accountable. It provides clarity, structure, and actionable insights for insurers, TPAs, and law firms managing property claims.
Key Components:
- Cause & Origin Analysis: Establishing liability by reviewing incident reports, expert opinions and property damage assessments.
- Evidence Documentation: Organizing fire reports, repair invoices, contractor statements or inspection reports into a defensible case package.
- Timeline of Events: Presenting when and how the damage occurred, along with remediation efforts and claim settlements.
- Tailored Case Structuring: Delivering concise yet comprehensive files for legal teams, insurers and adjusters that highlight recovery opportunities.
- Digital transmission: Seamless digital intake and transmission of claim documents through secure portals and API integrations via E-subro, ensuring accuracy, faster cycle times and reduced administrative burden.
Key Benefits:
- Streamlined claims recovery process
- Reduced financial losses for insurers
- Accountability for negligent parties
- Defensible documentation for arbitration or litigation
- Faster turnaround on settlement recovery
Frequently Asked Questions
How much do your services cost?
Costs vary based on the services requested, such as the level of complexity, specific user-defined specifications, specific turnaround time (TAT), and monthly page volume. Netmark can offer standard pricing or flat-rate plans that may apply for larger, consistent weekly/monthly volumes to any individual, group, or organization. Some of our more comprehensive services involve multiple medical professionals, which in many cases, increases the individual reporting cost and will be determined between the client and a Netmark representative.
Do you price by hour or per case…how?
Netmark typically invoices for standard MRR (medical record review) work in a line-item fashion based on a per-page or bid cost. The invoicing separates each submitted case by case/client name, date, and/or customer billing account number. For ease of operation, Medico-Legal clients often request charges and costs to be reflected in an hourly rate fashion, which Netmark also accommodates as desired.
Life Care Plans and Medical Cost Projections may require multiple professionals to review and provide input, depending on their complexity. This affects the TAT (turnaround time) and the end cost. Before the start of production, each LCP or MCP will be provided and agreed upon in a bid fashion.
Are your staff US-based or non-US based?
Netmark provides staffing for both your needs. Our sales and support staff are based in the US, following organizational rules driven by local idiosyncrasies. However, most report reviewers and associated staff are provided by non-US-based personnel, which enables Netmark to offer low-price points to the benefit of our end-users. The doctors, experts, and nurses providing medical services for record reviews and opinions are US-based and have specialties and sub-specialties in the areas of expertise requested. As for Life Care Planning and Medical Cost Projection plans, those services are provided by US-based experts in the relevant fields required for each plan.
Do you have medical professionals and experts available to provide medical opinions where and when required?
Yes. Netmark, through the years, has developed relationships with medical professionals with varying areas of expertise and backgrounds which we call upon to provide an opinion based on records of medical services they received. These opinions are especially useful in legal litigations and pleadings and assisting in the production of Life Care Plans where such opinions necessitate a medical professional or expert opinion and remarks.
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