Abstract
Two decades of rapid acceleration in the pace of merger and acquisition activity on the one hand, and litigation on the other, has led to broad recognition of the value of a company's portfolio of historic insurance assets. This article examines the trends in litigation, insurance industry practice, and mergers and acquisitions that are turning insurance portfolio management into a core component of risk management. It then outlines the new tools and techniques developed to document missing policies and to maintain quick access to the entire insurance portfolio. The return on investment is dramatic. Millions of dollars of coverage will be preserved and at the ready.
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