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Subrogation Form
"I need a Subrogation Form for a property insurance claim where our company (ABC Insurance) paid PHP 2.5M to our insured client for flood damage in January 2025, and we need to pursue recovery against the property developer who failed to implement proper drainage systems."
1. Parties: Identification of the Subrogee (typically the insurance company) and Subrogor (typically the insured party), including complete legal names and addresses
2. Background: Context of the original claim, incident details, and the insurance policy under which payment was made
3. Definitions: Key terms used in the document, including 'Claim', 'Loss', 'Rights of Recovery', and other relevant terms
4. Subject Matter of Subrogation: Detailed description of the claim or rights being subrogated
5. Consideration: Details of the payment or consideration provided by the Subrogee
6. Transfer of Rights: Express provision transferring all rights, claims, and causes of action from Subrogor to Subrogee
7. Subrogor's Warranties: Warranties that the Subrogor has not compromised the rights being transferred
8. Cooperation Clause: Subrogor's obligation to cooperate in any proceedings or actions taken by the Subrogee
9. Governing Law: Explicit statement that the agreement is governed by Philippine law
10. Execution: Signature blocks and execution formalities
1. Confidentiality: Required when sensitive information is involved or when parties wish to keep the subrogation arrangement private
2. Dispute Resolution: Include when parties wish to specify particular dispute resolution mechanisms or jurisdiction
3. Multiple Parties: Required when there are multiple subrogors or interested parties
4. Partial Subrogation: Include when only certain rights or portions of the claim are being subrogated
5. Foreign Law Compliance: Required when the subrogation involves cross-border elements or foreign parties
1. Schedule A - Claim Details: Detailed description of the original claim, including dates, amounts, and circumstances
2. Schedule B - Insurance Policy: Details of the relevant insurance policy under which payment was made
3. Schedule C - Payment Evidence: Documentation of the payment made by the Subrogee to the Subrogor
4. Appendix 1 - Supporting Documents: List and copies of relevant supporting documents (police reports, damage assessments, etc.)
5. Appendix 2 - Power of Attorney: If required, power of attorney authorizing the Subrogee to act on behalf of the Subrogor
Authors
Recitals
Definitions
Assignment of Rights
Consideration
Transfer of Rights
Representations and Warranties
Cooperation
Indemnification
Authority
Confidentiality
Governing Law
Jurisdiction
Dispute Resolution
Notices
Further Assurance
Entire Agreement
Severability
Assignment
Amendments
Costs
Force Majeure
Execution
Waiver
Third Party Rights
Compliance with Laws
Documentation Requirements
Payment Terms
Recovery Proceedings
Termination
Insurance
Banking and Finance
Maritime and Shipping
Real Estate
Construction
Manufacturing
Healthcare
Transportation and Logistics
Retail
Professional Services
Energy and Utilities
Legal
Claims Processing
Risk Management
Compliance
Insurance Operations
Policy Administration
Corporate Affairs
Documentation
Recovery and Collections
Customer Relations
Insurance Claims Manager
Legal Counsel
Risk Manager
Compliance Officer
Claims Adjuster
Insurance Underwriter
Corporate Lawyer
Policy Administrator
Recovery Specialist
Insurance Broker
Legal Operations Manager
Claims Processing Supervisor
Risk Assessment Officer
Documentation Specialist
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