What is insurance archaeology: Some Basics

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 Omega Historical consultancy.
The primary aim of Insurance archaeology seeks is to locate and to reconstruct missing or destroyed historical insurance or documents associated with it. It is not very uncommon for big business houses and organizations to misplace old policies which are still in force. This can be very problematic. Hence, it becomes important that these documents and policies are found out in order to provide justice to the organization and this is precisely where Insurance archaeology comes in handy. They find evidence to cut cost of remediation on part of the client and this is beyond important or necessary.