Settlement Evaluation Tool for Subrogation Recovery Enhancement

A computer-implemented method comprising:

• electronically providing, from a first data processing apparatus to a second data processing apparatus, data related to a subrogation demand from a first insurance carrier against a second insurance carrier for an insurance claim covering a loss event;
• electronically receiving from the second data processing apparatus an outcome probability associated with a strategy for resolving the subrogation demand, wherein the outcome probability is obtained by applying a statistical model to the data related to the subrogation demand;
• and
• presenting the outcome probability within an interactive user interface on a display device.

A system comprising:

• a settlement evaluation module comprising a statistical model;
• and
• an inquiry portal module, wherein the inquiry portal module is configured to perform operations comprising:
• electronically receiving data related to an insurance liability dispute between a first insurance carrier and a second insurance carrier, and
• transferring the data to the settlement evaluation module, and
• wherein the settlement evaluation module is configured to perform operations comprising:
• applying the statistical model to the data to obtain an outcome probability associated with a strategy for resolving the dispute, and
• outputting the outcome probability.

A computer-implemented method comprising:

• electronically receiving, at one or more data processing apparatuses, data related to an insurance liability dispute between a first insurance carrier and a second insurance carrier;
• using the one or more data processing apparatuses to apply a statistical model to the data to obtain an outcome probability associated with a strategy for resolving the dispute;
• and
• outputting the outcome probability.