Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Subrogation Release Form
1. Parties: Identification of all relevant parties: the insurer releasing subrogation rights, the insured party, and the third party being released
2. Background: Description of the incident/claim that gave rise to the subrogation rights, including date, location, and nature of the loss
3. Definitions: Key terms used in the document, including 'Claim', 'Loss', 'Released Party', 'Consideration'
4. Consideration: Statement of the payment or other consideration being provided in exchange for the release
5. Release Terms: Specific terms of the release, including scope of rights being released and confirmation that the release is final and binding
6. Representations and Warranties: Basic representations about authority to enter into the agreement and ownership of the rights being released
7. Governing Law: Specification that Danish law governs the release
8. Execution: Signature blocks for all parties and date of execution
1. Confidentiality: Optional section when parties wish to keep the terms of the release confidential
2. Partial Release: Used when only certain aspects of the subrogation rights are being released while others are retained
3. Multiple Claims: Required when the release covers multiple incidents or claims
4. Insurance Policy Details: Optional section providing specific details of the relevant insurance policy when needed for context
5. Dispute Resolution: Optional section specifying dispute resolution procedures when parties want specific mechanisms defined
1. Schedule A - Claim Details: Detailed description of the claim(s) being released, including dates, amounts, and specific incidents
2. Schedule B - Payment Terms: If payment is structured or involves multiple components, details are provided here
3. Appendix 1 - Insurance Policy Extract: Relevant excerpts from the insurance policy that relate to the subrogation rights being released
4. Appendix 2 - Proof of Authority: Documentation of authority to execute the release (when required for corporate signatories)
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.