Process & Workflow
Loss Run
A loss run is a report listing an insured's claims history, the paid and reserved losses that recovery teams mine for subrogation opportunities.
Loss runs summarize what was paid, on what, and when. For recovery, they're a hunting ground: closed and paid losses on the run can still carry unpursued third-party recoveries. Systematically reviewing loss runs is one way leakage is found after the fact.
See also