For many organisations, the difficulty in quickly and accurately accessing information on historic insurance coverage can create large unwanted costs. Long-term liabilities are likely to be covered by policies written years, often decades ago. In a large and complex organisation, particularly one that has diversified through mergers, acquisitions or disposals, tracing policy coverage can be problematic.
Insurance Coverage Explorer (ICE) is a unique, market-leading solution that enables organisations to capture and access key summary data concerning their insurance assets as well as text-searchable images of the policies and related documentation. It is built on a secure, internet-accessible database platform that is delivered and supported by insurance experts from Marsh Risk Consulting’s (MRC’s) InSolutions Practice.
Once data is captured on ICE, our clients do not have the on-going problem of maintaining their records, or repeating their research in the future. It also protects an organisation from the material being lost or destroyed.