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No matter how good your planning may be it will never cover all of the possibilities an organization may find itself facing in the event of a catastrophic event. In today’s competitive environment organizations are no longer content with business recovery but require business continuity. Obtaining assistance from your insurers and full financial recovery of your losses will be important – perhaps even crucial – to the financial future of your organizations. Accounting value in loss preparation and calculation can help an organization overcome a devastating event. After experiencing a loss, organizations are finding that reducing the time it takes to receive recovery must be as short as possible in order to ensure financial well-being.
As the Senior Property Claims Officer for Marsh, Mr. McVey is ultimately responsible for effecting an equitable resolution for clients for their first-party property and time-element losses. Mr. McVey works closely with Marsh’s Global Broking and Client Advisory personnel in developing manuscript language as well as a resource on the practical and historical interpretation of various property policy coverage provisions. While at Marsh, Mr. McVey has been intimately involved with the loss management process of many large, complicated losses involving the oil and gas industry, the chemical industry, as well as the manufacturing, mercantile and financial institution businesses.
Mr. McVey is a licensed insurance broker, holds a Bachelor of Science degree from the University of Dayton and has studied at the College of Insurance in New York.
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