👉 Subrogation is a legal concept in which an entity, known as the "subrogator," takes on the responsibility of recovering funds from another party when there has been a breach of contract or other legal obligation. This involves taking control of the assets and rights of the victim, and using them to pay for the damages that have been caused by the breach. In essence, subrogation is a form of "collateral" recovery, where the subrogator takes on the risk of recovering
