FINTECH INNOVATION LAB | JUNE, 2021 What is subrogation? 1 2 3 4 5 Accident Insurer Someone’s Demand Recover FI 1 happens pays claim to blame money money N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI “What “Is this claim “Is a third party “Is this claim “Adverse carrier happened?” compensable?” at fault?” recoverable?" agrees to pay? FINTECH INNOVATION LAB