The International
Commission on Holocaust Era Insurance Claims (ICHEIC) has
completed its mission to identify, settle, and pay individual
Holocaust era insurance claims at no cost to claimants.
ICHEIC,
working together with 75 European insurance companies and
partner entities throughout Europe, has resolved more than
90,000 claims. Through the Commission's work, a total of $306
million was awarded to more than 48,000 Holocaust survivors,
their heirs, and the families of those who did not survive.
More than half of this amount was awarded on policies located
as a result of ICHEIC's archival research (which matched Holocaust
survivors and heirs to policy information) or through the
Commission's humanitarian claims processes. ICHEIC also committed
more than $169 million in additional funding for humanitarian
programs, such as social welfare benefits for Holocaust survivors
worldwide.
ICHEIC
was established in 1998 following negotiations among European
insurance companies and U.S. insurance regulators, as well
as representatives of international Jewish and survivor organizations
and the State of Israel. The resulting Memorandum
of Understanding ("MOU") created ICHEIC.
Through
the MOU, ICHEIC was charged with establishing a just process
to collect and facilitate the signatory companies' processing
of insurance claims from the Holocaust period. Individuals
negotiating on behalf of the companies and those negotiating
on behalf of Holocaust survivors and heirs (U.S. insurance
regulators from the National Association of Insurance Commissioners
and international Jewish and survivor organizations) became
either ICHEIC Commissioners, Alternates, or Observers. All
had a voice in the organization. Signatory companies agreed
to process claims according to ICHEIC guidelines, which were
negotiated and established by consensus among the ICHEIC membership.
ICHEIC
was the first organization ever to offer Holocaust survivors
and their heirs, and the families of those who did not survive,
an avenue to pursue a claim against an insurance company at
no cost. The Commission was created as a means of addressing
the gaps and shortfalls of postwar compensation programs of
the 1950s and 1960s and provided an opportunity for thousands
to submit claims for the first time.
Chairman
Lawrence Eagleburger announced the successful completion of
the Commission's claims and appeals processes in March 2007,
and the Commission closed its doors shortly thereafter. This
website will be maintained by the United States Holocaust
Memorial Museum in recognition of the historical value of
the Commission's work. For a comprehensive description of
how ICHEIC was created and how it carried out its mandate,
we encourage you to read the Commission's legacy document
entitled "Finding
Claimants and Paying Them: The Creation and Workings of the
International Commission on Holocaust Era Insurance Claims",
which was published in June 2007.
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