The April 2024 report highlights how insurers are using loss prevention and subrogation to improve results amid inflation and rising catastrophe losses. Proactive loss control during underwriting, especially assessing appliance risks in commercial and residential properties, can prevent claims. AI and third-party data enhance risk insight and streamline subrogation, enabling faster identification of liability claims and recovery of loss costs. This directly improves loss ratios and provides value to policyholders through hazard alerts and quick deductible reimbursements, positioning carriers for competitive advantage while delivering better customer outcomes.

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