The Asset Recovery process happens as a result of completing a Merger, Acquisition, Reverse stock split and/or other mandatory Corporate Actions, historically issuers find that there will still be up to 20% of the original shareholder base remaining unexchanged. Laurel Hill’s Asset Recovery services can successfully assist these unexchanged shareholders resolve their issues keeping them from claiming their outstanding assets. Laurel Hill specializes in recovery efforts to these "lost" shareholders, educating them on the transaction process, and provide them with valuable time-saving assistance in claiming their assets. Our Shareholder Asset Recovery program will contact up to 90% of the remaining unexchanged shareholder base and typically achieve a 65%- 80% success rate.

Ensure compliance by finding unresponsive holders. Provincial regulators are scrutinizing internal practices and becoming vigilant on applying penalties and fees to Insurers that don't have a robust Insurance Policyholder Reunification program in place.  Insurance Firms have encountered staggering costs and increased strain on internal resources associated with successfully completing the necessary efforts mandated by most Province's Unclaimed Property departments. Laurel Hill’s Asset Recovery Center assists with identifying dormant or deceased accounts, locating policyholders and reuniting them with their assets. In doing so, our suite of services provides a cost effective solution for insurers to manage the extraordinary efforts needed to adhere to the ever changing unclaimed property landscape. Our Policyholder Reunification program reduces an Insurer's Escheatment obligation, provides effective risk mitigation and promotes good Corporate Governance by communicating and assisting a "lost" Policyholder reclaim their assets.

Protecting your reputation, your members and their assets. Laurel Hill has developed a sophisticated Mutual Fund Asset Reunification program to help reach out to "Lost" or abandoned account holders. This is critically important since you don't want to lose your existing customers to annual abandoned property issues. Increased interest from State auditors using “inactivity” as an identifier for abandoned property has placed Mutual Funds under more scrutiny than ever. Laurel Hill manages in-depth research projects that are combined with detailed communication campaigns to assist Mutual Funds with their Asset Recovery challenges. We utilize a proprietary research process that combines multiple databanks with internal resources. Our Asset Recovery center boasts success of finding approximately 90% of the “lost” holders. Our transparent communication campaign has proven to be a successful extension of our client's existing efforts.