“It takes a village to raise a child” is where the concept is given in this Proverb that many people support, give knowledge, and care into a child as they are raised. I have often found this proverb to guide the way complex claims are handled. With a village of experts, adjusters, specialists, and managers.
After paying out a claim, insurers often pursue a subrogation recovery from a responsible third party. In evaluating the potential for recovery, subrogation specialists consider many issues including proof of liability, applicable contract provisions, statutory limitations, and the cost of pursing a recovery. Well informed insurers also work with their subrogation specialist to ask the question: Who is entitled to the recovery if we collect? In other words, who has priority over the funds recovered?