Latitude Subrogation Services

What Latitude Subrogation Services does

Latitude Subrogation Services (LSS) is a privately held, founder-owned subrogation services firm founded in 1997 by attorney Bradley J. Schram, headquartered in Bloomfield Hills, Michigan. The company provides subrogation recovery, claim management, arbitration, litigation, salvage administration, and closed file review services to insurance carriers, self-insured entities, third party administrators, and specialty risk companies, with operational coverage across all 50 US states and Canada. It monetizes through contingency-fee recovery services, professional/specialty services (arbitration, litigation, salvage, FNOL review, co-sourcing, outsourcing), and a capital-transaction model via its Latitude Capital Solutions affiliate that purchases subrogation assets from clients for lump-sum or scheduled payments.

The company's core technology is SubroChain, a proprietary cloud-based CRM platform purpose-built for subrogation claims processing, supported by Digital Worker automation, an API integration layer, AI-driven Subrogation Scoring, AI File Splitting and Indexing, and the Latitude Client Access Portal (LCAP). The platform is customized per client workflow and integrates into client claims systems, providing end-to-end handling from FNOL through final recovery. Latitude has completed SOC 1 (Type 2) and SOC 2 (Type 2) audits, and is a corporate affiliate and active member of NASP, NAMIC Arbitration Service, Arbitration Forums, PLRB, and RIMS, with company leadership holding past-president, board, and committee positions across these bodies.

LSS employs 101-250 people whose specialists average 21 years of subrogation experience and collectively hold over 700 years of claims and subrogation knowledge. Disclosed performance metrics include a 95% success rate on filed litigation suits, a 60% win ratio on referred arbitration cases, an 80% collection rate on arbitration dollars, and a 120-day average arbitration cycle time. The company sells primarily via direct enterprise B2B sales supported by an inside sales/client specialist model, with marketing through industry associations, conferences, and a LinkedIn presence; client self-service and claim/salvage referrals flow through the LCAP portal and dedicated online forms.

Name

Latitude Subrogation Services

Legal name

Latitude Subrogation Services

Website

https://latitudesubro.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Latitude Subrogation Services is a privately held, founder-owned subrogation outsourcing firm serving insurance carriers, self-insureds, TPAs, and specialty risk companies across the US and Canada. It delivers recovery, arbitration, litigation, and salvage services through its proprietary SubroChain platform with AI/ML automation.

Ownership category

akta.pro rank

Product category

Insurance Subrogation Services

akta.pro primary industry

Salvage, Total Loss & Insurance Auction Services (TLABAKAH)

Keywords

• Subrogation management services
• Insurance recovery services
• Claims management outsourcing
• Salvage administration
• Subrogation purchase program

Headquarters

HQ city

Bloomfield Hills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Subrogation Management Services: Recovery services provided to insurers, self-insured entities, third party administrators, and specialty risk companies. Analyzes claims business and industry benchmarks to target recovery goals.
2. Subrogation Purchase: Company purchases recovery assets from clients in exchange for lump sum payments or flexible payment schedules. Clients exchange recovery rights for immediate cash based on portfolio scoring.
3. Specialty Services: Additional services including Arbitration Management, Litigation Management, Salvage Administration, First Notice of Loss review, Closed File Review, Co-Sourcing, and Outsourcing.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Latitude Subrogation Services provides outsourced subrogation recovery, claims management, arbitration, litigation, and salvage administration services to insurance carriers, self-insured entities, third party administrators, and specialty risk companies. Services are delivered end-to-end from First Notice of Loss through final recovery, supported by its proprietary SubroChain® cloud-based platform with AI/ML automation. The company also purchases subrogation recovery assets from clients through its Latitude Capital Solutions capital transaction model.

Product overview

Latitude Subrogation Services operates a unified platform architecture centered on SubroChain®, its proprietary cloud-based CRM claims processing platform. The platform includes the Latitude Client Access Portal (LCAP) for client self-service and Digital Worker/API technologies for system integration. Services are delivered through multiple specialized modules: Arbitration Management, Auto/Property/Workers Compensation, Closed File Review, Co-Sourcing, First Notice of Loss, Informational Videos, Litigation Management, Outsourcing, Salvage Administration, Self-Insured & Carrier Programs, Specialty Risk Programs, and Subrogation Purchase. The company also provides Client Access applications, Claim Referral Forms, and Salvage Referral Forms as operational tools, with a Statute Guide resource available through partners.

Differentiator

Problem solved

Functional benefit

Brands

• SubroChain: Proprietary subrogation claims processing platform built on cloud-based CRM technology, including claims management, document management, reporting, data analytics, and client access portal.
• Latitude Client Access (LCAP)
• Latitude Capital Solutions
• Digital Worker

Products and services

• Arbitration Management
• Auto, Property, and Workers Compensation Subrogation
• Closed File Review
• Co-Sourcing
• First Notice of Loss (FNOL) Review
• Litigation Management
• Subrogation Outsourcing
• Salvage Administration
• Self-Insured and Carrier Programs
• Specialty Risk Programs
• Subrogation Purchase Program
• SubroChain® Subrogation Processing Platform Proprietary cloud-based CRM platform powering Latitude's subrogation operations, including claims management, document management, reporting, data analytics, and the client access portal, with built-in AI/ML automation such as Subrogation Scoring, Digital Worker, and File Splitting and Indexing.

Quantifiable outcome

• 95% success rate on filed litigation suits
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• NAMIC Arbitration ServicecoreStrategic or Co-development PartnerMember of NAMIC Arbitration Service, a venue for resolution of disputes between mutual, self-insured and property & casualty insurers. Company files arbitration under Latitude's name as third party administrator.
• Arbitration Forums, Inc.coreStrategic or Co-development PartnerMember of Arbitration Forums, Inc. Company utilizes certified arbitration administrators with over 20 years of experience in arbitration, contention writing, counter-claims, deferments, and E-Speed Filing.
• National Association of Subrogation Professionals (NASP)coreStrategic or Co-development PartnerCorporate affiliate and active member. Company leadership serves on NASP board including past President, Vice President, Treasurer and Chair of Governance Committee. COO serves as Chair for NASP Executive Advisory Committee.
• International Insurance InstituteminorStrategic or Co-development PartnerCorporate affiliate providing insurance education and professional development resources.
• Latitude Capital SolutionscoreStrategic or Co-development PartnerCorporate affiliate providing companies the opportunity to liquidate their recovery assets without incurring the costs associated with collection or the risk. Related entity under same company family.
• Global Salvage ExpertscoreStrategic or Co-development PartnerCompany maintains partnerships with industry leading global salvage experts to refine processing, reduce expenses, and increase salvage recovery dollars.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Verisk: Major insurance data, analytics and insights provider with Property & Casualty claims analytics. Comparable as a broader incumbent that owns critical claims and subrogation data assets and could either partner with or compete against specialized outsourcers like Latitude.
• Crawford & Company: Global claims management and third-party administration firm with dedicated subrogation and recovery practices serving P&C carriers. Comparable as an enterprise-grade alternative outsourcing channel to Latitude's specialized subrogation offering.
• Epiq Systems: Global claims and legal administration services provider serving insurance and corporate clients, including recovery and litigation support. Comparable as a broad-services incumbent offering overlapping claims-recovery capabilities.
• Mitchell International: Provider of technology, connectivity and information solutions to the P&C claims ecosystem, including auto casualty and subrogation workflows. Comparable as an infrastructure-style provider whose software competes with or integrates into Latitude's SubroChain-driven workflow layer.
• Guidewire Software: Dominant core-systems vendor for P&C insurers (claims, underwriting, billing). Comparable as the upstream platform whose claims-handling systems Latitude integrates with via its API/Digital Worker layer — defining the integration surface competitive subrogation specialists must support.
• CCC Intelligent Solutions: Technology and services platform for the P&C auto insurance ecosystem, including casualty claims workflows and subrogation analytics. Comparable as an incumbent technology layer for auto subrogation — Latitude's largest single line of business.
• Sedgwick: Largest North American third-party claims administrator offering a broad portfolio of claims management including subrogation/recovery. Comparable as a competing delivery channel for insurance carriers and large TPAs, though Latitude is specialized while Sedgwick operates across all claims lines.

Emerging players

• Shift Technology: AI-native insurance software company applying machine learning to claims, fraud and subrogation detection for global insurers. Comparable as a venture-backed emerging player with AI-driven subrogation decisioning that competes with Latitude's ML-based Subrogation Scoring.
• Snapsheet: AI-driven claims management and appraisal platform used by P&C insurers, with growing overlap in claims automation. Comparable as an emerging AI-led player whose automation thesis directly mirrors the Digital Worker/SubroChain roadmap.
• Tractable: AI computer-vision company accelerating insurance claims and damage assessment for auto and property. Comparable as an emerging AI vendor focused on the front-end of the auto claims workflow that ultimately feeds subrogation pipelines served by Latitude.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/latitude-subrogation-services
• Facebookfacebook.com/Latitude-Subrogation-Services-100050448799355

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Latitude Subrogation Services