Method and system for processing data relating to determining subrogation recovery

A computer-implemented process for determining a likelihood of subrogation of one or more insurance claims, comprising:

• storing data relating to a plurality of insurance claims in a data storage device;
• accessing by a computer processor data relating to one of the plurality of insurance claims;
• determining by the computer processor a first score relating to a likelihood of subrogation of the insurance claim;
• determining by the computer processor, based on the first score and one or more risk factors, a value indicative of an expected subrogation recovery, the value not representing a sum certain of an obligation to the insurer, and
• storing the value in a memory device.

A computer system for processing data relating to determining a value of subrogation recovery for one or more insurance claims, comprising:

• a data storage device storing data relating to a plurality of insurance claims as to which an insurer has a right of subrogation;
• and
• one or more computer processors configured to:
• generate a user interface configured to implement an interview process relating to an insurance claim;
• receive data relating to the insurance claim from the user interface;
• calculate, for one or more of the plurality of insurance claims, from at least one of the data stored in the data storage device and the data received from the user interface, a first score indicative of a likelihood of expected subrogation recovery;
• access one or more risk factors for the one or more insurance claims;
• determine, based on the first score and the one or more risk factors, a value indicative of an expected subrogation recovery, the value not representing a sum certain of an obligation to the insurer;
• store the determined value indicative of an expected subrogation recovery, in a memory device;
• and
• pass the one or more insurance claims to a subrogation process.