Golars is market leader in insurance recovery, we are in fact the best in the industry.
Digging up the details of historical insurance coverage is a critical first step in minimizing the company’s direct exposure and securing valuable coverage that may be far more than just a thing of the past. Companies may be able to seek recovery from their historic insurance policies to help provide defense and indemnity coverage for claims they face. These policies can be a significant contingent asset, but, if an appreciable amount of time has passed, a policyholder may lack sufficient information about the policies to make a valid claim.
Our experts conduct insurance archaeology research to identify and locate the policies or evidence of those policies. Our approach begins with the most cost-effective tasks and, as necessary, proceeds to include additional effort. Information sources include other policies, accounting and financial records, various archives, and employees. Our efforts often can locate policies or other evidence of coverage, which can place a policyholder in a stronger position to make use of the insurance asset.
Many companies and organizations face mass tort and complex liabilities that significantly affect their financial outlook. Allegations surrounding these types of liabilities can span decades and include “long-tail” exposures.
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