Subrogation is the right of an insurance company which has indemnified an insured for a loss suffered at the hands of a third party to recover costs or losses from the responsible third party. Through subrogation, rights of recovery against the third party from the person indemnified (the subrogor) transfer to the one that made the indemnity (the subrogee). The subrogee then stands in the shoes of the subrogor and exercises all of the rights of the subrogor when claiming against the party responsible for the loss.