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Showing posts from June, 2020

What is insurance archaeology: Some Basics

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It is important for one to understand that Historical insurance policies can be old, but regardless of that they can still provide coverage today.   Sometimes these documents can be lost or damaged. Sometimes these documents can be misplaced. To locate these documents or to trace them, we have insurance archaeology.  Many companies and organization (especially the ones that are big and entangled in a lot of paper work or document related work) tend to lose historical insurance or policy documents. There can be a host of reasons which can lead to this kind of blunders such as: -changes taking place in the insurance industry -changes in policy -merger and acquisitions -personnel changes -relocation of the business, etc. There is also the possibility that some documents may look obsolete and unimportant and the employees may dispose them thinking they are obsolete when they are actually not. If you are looking for insurance archaeology consultants , consider Omeg