Onshore Energy Conference has become the leading regional conference for the insurance of oil, gas and power. You are invited to participate in the 4th annual conference and join your peers in addressing the issues that exist in today’s challenging market. The Advisory Committee have put together an agenda that is relevant, interesting and challenging to those who attend.
This conference is aimed at all parties and stakeholders in the insurance chain including buyers and clients, underwriters, brokers and relevant service providers. The conference looks to provide current and relevant sessions for all these interested parties together with valuable networking opportunities.
The Ritz-Carlton, Dubai International Financial Centre
Gate Village, DIFC
Dubai, United Arab Emirates
The OEC Dubai brings together insurance professionals from across the oil, petrochemical and power sectors and is unrivalled as the stand out business and technical conference.
To be a part of developing the insurance expertise and knowledge in the region.
Speakers from the region talking about the issues and challenges and hearing practical solutions for moving forwards.
Benefit from speakers and conversations with individuals from other businesses, out of which the regional insurance expertise can develop.
Tailor your experience with streams focusing on technical training and development.
Build valuable relationships with your peers and customers during dedicated networking.
The conference is not only of value to business leaders but also provides an ideal opportunity for individuals looking to develop within the sector and become the leaders of the future. OEC is proud to be a supporter of learning and development for the future leaders and provides a range of conferences and training events.
Other related forums: asiapowerforum.com.
David has significant experience advising insurers on trade credit and political risk, as well as many years of experience in reinsurance. He also advises the London and international markets on energy matters, including the onshore market and related mining and industrial work, as well as a range of liability coverage matters.
He regularly advises on high value, high profile matters in both contentious and non-contentious work.
Over thirty (32) years of experience performing investigations of the cause of insurance losses and available reinstatement options. Have been instructed to investigate the origin and cause of fires, explosions, machinery breakdown, power system design, code misapplication, human errors, contamination, corrosion, natural perils and others. Additionally, experienced in reinstatement of equipment and systems including heavy machinery, hi-tech equipment, power generation, transmission and distribution, manufacturing, medical equipment, printing systems, consumer electronics and other. Acted as expert witness in different jurisdictions (USA, UK, UAE and others) giving evidence on multiple engineering issues related to different matters of dispute, including causation, extent of damage, reinstatement options and liability.
Mr. Arita is the Property Loss Consulting practice leader for Thornton Tomasetti. He brings over 37 years of professional experience, having served as architect of record for public and private buildings of diverse scale and complexity throughout Southern California as well as lead investigator on numerous assignments where consulting, forensic investigations, and sworn testimony has been required. His specialized expertise includes building enclosure diagnostics, damage determination and scope of repair, moisture intrusion analysis, property due diligence evaluations, and building code evaluations. He has broad experience with natural and manmade disaster investigations involving fire, hurricane, earthquake, hail, and flooding.
A recognised leading underwriter in the international energy sector, with 20 years of downstream underwriting experience, both in the London and Middle East market. Shazia began her career in a Lloyd’s syndicate in London and has been with Liberty Soecialty Markets since 2003. She managed the LSM MENA energy portfolio based in DIFC, Dubai and over the past 11 years has successfully managed to establish strong relationships with many of the risk managers within the MENA region. Shazia is a graduate of Brunel University and holds a BSc degree in Economics and Law. Shazia has also served and continues to serve on various market technical committees and energy insurance forums.
Martyn Black’s career evolved with managing risks and the global insurance portfolio of the Royal Dutch Shell group, risk consulting with UIB and, more recently, as deputy head of Saudi Aramco’s Risk Management Division. He has extensive experience in risk management and insurance covering the oil, gas, chemical, coal and metals industries, including aviation, construction, operations, trading activities, shipping and insurance claims arising from all of them, including Brent Spar and “Exxon Valdez”. He has led and handled many prominent negotiations with contractors, joint venture partners and various other stakeholders. His experience includes industry representations to individual governments and various EU regulatory bodies, and technical topics such as deep water exploration and production, drilling blowouts, fire & explosion claims, oil and chemical refinery expansions, LNG projects, pollution claims management and piracy, including the “Sirius Star” taking.
Martyn joined ADNOC in January 2016 and has developed & led insurance and risk-related aspects of enterprise risk management, corporate re-structuring and negotiations with joint venture partners, comprehensive revision of contract wordings, major insurance program revisions and renewals, championed greater risk retention and the introduction of an ADNOC captive. There has also been a focus on major claims management, enhancement of team skills and optimization of risk financing solutions.
Clive Burrows set-up and leads Baker Tilly’s Global Forensics office in Dubai (formerly RGL Forensics)
Clive has been involved in forensic accounting and financial investigations since joining RGL Forensics in 2007. Having qualified as a chartered accountant in 2010, Clive has built extensive experience in quantifying insurance complex losses such as business interruption, delayed start up, stock losses, increased costs of workings and fraud for a wide array of industries in Europe, Africa, the Subcontinent and Asia
He has also provided litigation support for legal clients, including expert testimony and subrogation
Sector experience include but are not limited to
• Oil, Gas & Petrochemicals
• Technology & Telecommunications
Mr Byrne has worked for Thornton Tomasseti’s subsidiary company MMI since 2010, where he been principally involved in Technical Safety and Risk Management for a wide range of Oil and gas related projects. Prior to his employment with MMI, Mr Byrne was involved in Development, Operations and Management of large power and petrochemical process plant for over twenty years, working with BP Global Power, Enron Europe, BASF and Monsanto. During his time in the process industries and with MMI he has taken part in and led a number of incident investigations.
Alessandro has served as Senior Executive Officer, Middle East at Berkshire Hathaway Specialty Insurance Company since February 2018. He joined Berkshire Hathaway Specialty Insurance Company with 20 years of global experience spanning both the engineering and underwriting sides of the insurance business. He was most recently Global Head of Energy and Engineered Risk at AIG. He joined the insurance industry in London as a Loss Prevention Engineer after working in the refining and petrochemical industry. He holds a master’s degree in Chemical Engineering from Universita’ degli Studi di Roma.
Spencer is a Director of Lloyd Warwcik International (London). He is a Chartered Engineer (MRINA & MIMarEST), holding a Master’s degree in Insurance and Risk Management, and a B.Eng Honours degree in Naval Architecture from Newcastle University. Having over 18 years international marine and energy surveying experience, combined with 14 years working for two niche multinational loss adjusting firms, Spencer has been involved with many large complex losses.
Throughout his career Spencer has handled a wide variety of marine and energy claims, ranging from shipping, yachts, ports and terminals, machinery, ship repairer’s liability, renewables, subsea equipment to offshore pipelines, MOUs and FPSOs. Initially working for Lloyd’s Register of Shipping, Spencer spent several years working overseas with ship surveys, superyacht and energy new constructions, and also worked in London carrying out structural engineering design work. From 2001, whilst working within specialist international loss adjusting firms, Spencer has been involved with claims, technical surveys, forensic testing, fire and causation investigations. Spencer has provided litigation support and expert related work for cases in UK, Europe, USA and Sri Lanka.
Spencer has lectured to Insurers on FPSO issues around the world, using his own survey experiences from the Classification survey challenges of tankers through to offshore energy claims. Over recent years he has had responsibilities managing loss adjusting operations, marine TPA accounts (UK & USA), and has become a member of the Worshipful Company of Shipwrights.
Paul is a Marketing Consultant at Appraisal & Valuation Consultants Ltd, based in London. His responsibilities include client relations, monitoring proposals, marketing literature, attending conferences and developing future opportunities.He has more than 45 years experience as a broker, an account executive and a marketing professional, having worked at Millers, Marsh and others over that time. Paul specialised in the Downstream Oil, Gas & Energy sector. Paul has presented at many conferences around the world, as well as to Clients and internal management.
Paul has experience of direct and reinsurance broking and understands the needs of insureds and underwriters. He has extensive knowledge of the insurance markets globally (UK, Europe, Middle East, Bermuda, Hong Kong & Singapore) and also has liaised with insurance regulators and is familiar with compliance expectations.
Angela is Partner in the Clyde & Co energy and marine insurance team in London. Angela is a specialist energy insurance lawyer with expertise across the downstream and upstream sectors.Angela advises on complex coverages and claims globally across construction and operational phases. She has a broad knowledge and understanding of the oil & gas, petrochemical, power and renewables sectors.Angela assists insurers across the full spectrum of their requirements including drafting policy wordings, advising on coverage, defending claims (liability claims and coverage) and pursuing subrogated recoveries.Angela has significant experience of representing insurers in litigation and arbitration, including jurisdictional disputes, but she also frequently assists insurers with concluding claims more amicably through settlement negotiations and mediation.
Richard Foulger is Head of Claims at AEGIS London. His career spans over 30 years and he has been involved in the handling of many significant market losses. At AEGIS he has been involved specifically in many power generation claims and was one of the original creators of the London Power Forum. He serves on the LMA Claims Committee and is interested in educating and developing the next generation of London market claims professionals.
Mike Gosselin is Chief Underwriting Officer – Specialty at Liberty Specialty Markets. He is responsible for underwriting performance and profitability across all Speciality lines of business both in London and Internationally. In addition, Mike is global Chief Underwriting Officer for Liberty’s downstream energy business.
Mike joined Liberty in 2001 from AIG New York to set up Liberty’s energy practice in London.
He has over 25 years of risk management and underwriting experience in the energy and construction sectors. Mike graduated in 1989 with a Chemical Engineering degree from Villanova University in Pennsylvania.
Robert Hartwig is clinical associate professor of finance and co-director of the Risk and Uncertainty Management Center. His research focuses on insurance markets and structures, risk management, risk-bearing capital market instruments, the financing of technology risks and venture capital in insurance markets. He makes frequent presentations to insurance industry management, boards of directors, regulators and legislators.
Nick Hide is the global specialist practice leader for power, bringing together Sedgwick’s/ Cunningham Lindsey’s expertise in this area and has handled claims across the Middle East, Asia Pacific, Africa and Europe. He is also the Regional Engineering Director employing his knowledge of plant damage mechanisms in dealing with technically complex engineering claims.
Nick has over 20 years of experience in dealing with losses in power generation, downstream petrochemical and heavy engineering and has experience in all classes of power generation including nuclear, thermal, combined cycle gas turbine plant, solar and wind
Prior to assuming his global/Middle East regional role, Nick worked as an engineering adjuster within the Home Foreign team in our London office.
Richard is a Director within DeSimone's Property Loss Consulting group, Richard Ladroga provides leadership, management, and technical oversight of the firm's energy team.
With over 28 years of professional experience as an electrical power systems engineer, Mr. Ladroga has earned extensive experience in analysis, design, testing risk assessment, and forensic investigations of a large variety of projects involving electrical power systems. He has performed electrical substation design to 500 KV. Throughout the course of his career, he has also performed electrical system design for power generation facilities, including nuclear, fossil fuels, and hydro; for large scale microwave communication systems; large scale waste water treatment systems; aluminum and steel ore smelting foundries; petrochemical drilling fields and refineries; pulp and paper manufacturing; mining; and industrial.
Mr. Ladroga has also performed numerous electrical contact investigations. These investigations involved either serious personal injury or fatalities. Mr. Ladroga has contributed his expertise to revise electrical safety training manuals and courses in the industry.
Mr. Ladroga earned his Associates Degree in Electronics Engineering and his Bachelor's Degree in Electrical Engineering with a concentration in Power Systems from Worcester Polytechnic Institute.
David Leich has been working in the power industry for over 30 years following graduating from Birmingham University. He is British and a Fellow of the Institute of Mechanical Engineers.
David’s career includes; nuclear power plant operations and engineering, energy trading, gas turbine maintenance, coal import terminal construction, coal logistics and trading, coal plant; operations, maintenance and engineering and management, M&A, CCGT power plant construction and management.
David has worked in the UK, Kazakhstan, Thailand and Dubai. He has worked for CEGB, National Power, International Power and now Engie.
David moved to Dubai in January 2015, to take up the role of Head of Construction for SAMEA (South Asia, Middle East and Africa), moving to become Chief Technical Officer. From October 2017, David was appointed to be Chief Operating Officer for MESCAT (Middle East, South + Central Asia and Turkey). This includes responsibility for engineering, construction, the management of our O&M companies, technical support to our O&M activities and HSE.
As GCube’s Chief Executive, Fraser is responsible for driving strategy and business development together with overseeing the international development of the company.
With nearly 30 years’ experience in the insurance market, Fraser has held senior level positions at Aon, Miller, and Jardine Lloyd Thompson Limited. For most of his insurance career, Fraser has specialised in the renewable energy industry and was one of the first to design insurance products geared specifically for the renewables industry across all classes of business.
Joe joined the loss-adjusting profession in 1974 and worked for a major UK practice. After qualifying as a Chartered member of the Institute of Loss Adjusters in 1981, he moved overseas for 10 years working in the Caribbean, the Far East and the Middle East.
In 1992, Joe returned to the UK and was based in London, specialising in large industrial losses throughout the world but particularly in the energy and petrochemical sectors. His portfolio has included major oil spills, refinery and petrochemical losses as well as specialising in delay in start-up and advance loss of profits. A large portion of his work has been in North America but he has handled claims in more than 40 countries.
Joe has been fortunate enough to deal with some of the largest offshore and onshore claims that have been presented to the major energy reinsurance market. Apart from physical damage claims, he has also dealt with many of the larger business interruption claims that have arisen in the onshore and offshore environment.
Joe worked closely with large brokers when dealing with one of the largest energy claims of recent times, this involved a major energy company based in Canada.
Ronan joined MatthewsDaniel Dubai in early 2018. He began his career as a loss adjuster in 2014, gaining specialist experience in respect of both onshore and offshore infrastructure associated with wind powered electricity generation and other Renewables having handled claims arising from physical damage to export and inter-array cables, offshore foundation structures, onshore and offshore equipment and interconnector cables. Ronan’s industry experience also derives from engagement with claims involving the technologies associated with subsea interconnector cables, solar farms and anaerobic digestion plants.
Since joining MatthewsDaniel Dubai, Ronan has been managing a portfolio of onshore renewable energy losses, together with Oil and Gas related claims, across the MENA region.
James Nicholls is a Legal Director at DWF with over 10 years' experience working for insurer and reinsurer clients. Having begun his career advising on complex reinsurance disputes, James' practice has become increasingly focused upon providing coverage advice and defence work in respect of both onshore and offshore energy claims. He has acted for London based and international insurers on numerous high profile losses.
Paul has been a member of the AGCS Board of Management since October 2016, appointed as the Chief Underwriting Officer Specialty for AGCS, with responsibility for the Energy, Marine, Aviation and Entertainment lines of business alongside the AGCS Underwriting Academy, Portfolio Management and Underwriting Integrity & Solutions.
Allianz Global Corporate & Specialty was formed from a merger of Global Risks and Allianz Marine and Aviation in November 2005. AGCS currently has more than 3000 dedicated employees and a global reach with the Allianz network covering more than 150 countries. Insurance products include Property, Engineering, Liability, Energy, Aviation, Marine, and Financial Lines.
A chemical engineer by training, Paul initially worked in the energy industry prior to moving into the insurance sector where he performed risk engineering reviews on behalf of the industry and Lloyds market. While working at Lloyds, Paul transitioned into underwriting and later joined Allianz as the Regional Manager for Energy in Singapore in 2003.
Paul was appointed as Global Head of Energy in 2005 while still in Singapore, and moved back to London in 2007. He held that position until 2014 when he was announced as Global Head of Marine Europe/Asia-Pacific alongside his existing Global Energy Role, soon followed by his appointment as overall Global Head of Marine and Energy later that year. During his time overseeing this combined role, Paul addressed a number of challenges facing these key Lines of Business. This included managing the Marine and Energy portfolio, which had to respond to significant external variables such as the fall in oil prices and difficult market conditions. Over this time, he has worked with and now leads the team across the CUOS in developing ongoing initiatives to manage the issues over the medium and long term.
Stephen O’Reilly joined MatthewsDaniel at the beginning of 2017 as head of loss adjusting for their UAE operations. A Texan by birth, Stephen entered the adjusting profession immediately following his time with a leading London Energy Broker, and has since attained the US Chartered Property Casualty Underwriter (CPCU®) status. Stephen brings to MatthewsDaniel significant energy claims experience, including the handling of many Well Control and Offshore PD / Construction losses, and a global outlook from his years based in London, Houston, Calgary and Singapore.
Alan Purbrick is the CEO of Capital Consulting International, a specialist company providing expert time and cost consultancy targeted specifically at the world of insurance.
Established in 1998, CCi has now grown to be the leading provider of of time-related analysis and preparation of forensic timelines to the global insurance industry, especially in relation to Business Interruption and Delay in Start Up claims. CCi is also a major provider of Project Monitoring for new construction projects that carry DSU insurance cover.
Alan’s background is in construction and engineering and he became involved in the insurance industry following the IRA bombings of the City of London in 1992 and 1993. He is a Chartered Quantity Surveyor and Building Engineer and has over 30 years’ experience in global construction projects, 25 of those years against the backdrop of insurance losses.
His experience also extends to assisting with the preparation of forensic construction costs and schedule analyses where the works have already been completed.
Alan has helped develop Project Monitoring for Underwriters and this has been utilised on key projects around the world, including the 2012 London Olympics, New Istanbul Airport, Jamnagar Refinery, Goethals Bridge and Freeport LNG.
Alan has undertaken consultancy roles on a number of high profile DSU and BI losses worldwide, appearing as an expert witness in the UK, US and Caribbean, and is regarded as one of the leading experts on DSU time-related issues.
Alfred is a partner in the insurance and dispute resolution groups of Clyde & Co’s Abu Dhabi office. He practiced at a large South African commercial law firm as an insurance and litigation attorney before joining Clyde & Co's Abu Dhabi office in June 2006.
The main focus of Alfred's practice is on re/insurance and commercial litigation and arbitration. He also advises re/insurers on non-contentious matters.
Alfred routinely advises litigants before the courts of the UAE and other GCC countries and represents litigants in national and international arbitrations, both ad hoc and institutional. He has experience of arbitrations conducted under the auspices of the Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC), Dubai International Arbitration Centre (DIAC), the London Court of International Arbitration and its Dubai branch (LCIA & DIFC-LCIA), International Chamber of Commerce (ICC) and the Arbitration Foundation of South Africa (AFSA).
The clients that Alfred acts for are in a wide range of sectors including re/insurance, energy, defence, professional services, construction and healthcare. A particular focus of his practice is advising on energy, engineering and construction insurance disputes.
Daniel joined MDD Forensic Accountants’ London office in 2006. In 2012, he relocated to Hong Kong to assist with the development of MDD’s Asia Pacific operation and support the catastrophe response in Japan and Thailand. In 2013, he moved to Dubai to open and establish the firm’s office in the Dubai International Financial Centre (DIFC), primarily serving the Middle East and Africa as well as Central Asia. He is a Partner at the firm.
He has quantified economic damages related to business interruption, contingent business interruption, delay in start-up, stock & contents, extra expenses, products liability & recall, power generation, oil & gas, physical damages and lost profits. He also has considerable experience in the catastrophe services area and has worked on assignments in both Japan following the Great Tohoku earthquake, and in Thailand after the 2011 floods.
Daniel has been engaged on assignments around the world and across a range of industries, ranging from a few hundred thousand dollars to in excess of USD 100 million including: power generation; petrochemical; automotive; electronics; food manufacturing; hotels and resorts; freight and logistics; fashion and apparel; retail and wholesale (including luxury goods). His experience in the food and beverage industry is also supplemented by having previously worked for H.J. Heinz’s financial planning team prior to joining MDD.
Additionally, he has assisted in the preparation of expert reports and has been involved in the joint expert report process in the UK.
Daniel has conducted a number of seminars and presentations across the Middle East and Asia on business interruption and economic damage quantification.
Daniel graduated from The Nottingham Trent University with a Bachelor of Arts (Honours) degree in Business Studies (Accounting and Finance).
Andrea joined Equate in August 2018 as Corporate Treasurer, with global responsibility for credit and financial risk management, operation and cash management, insurance program, planning, corporate finance and investors relation.
Prior to this role, Andrea spent 4 years in Saudi Arabia working in Sadara as Assistant Treasurer. Andrea was instrumental in developing the Treasury Department organization, strategy and operational processes to support Sadara moving from a construction to an operational phase. As Corporate Risk Manager Andrea was responsible for managing the credit risk, financial risk (interest rate and FX) and the insurance program for the company.
Andrea joined Dow in 2005 in the Customer Financial Services group within Treasury as a Credit Manager. In January 2009, Andrea joined the Corporate Risk Group as Financial Risk Manager in the Treasury Department, and was responsible for managing the daily global liquidity, FX exposure and the hedging strategy. Andrea was also responsible for managing the Dow Agroscience soft commodity and grains hedging program. In November 2011 Andrea assumed the role of Director in the Corporate M&A Group. He was responsible for supporting the Dow Corporate strategy and portfolio optimization via acquisition, divestiture and JV.
Prior joining DOW, Andrea worked as Management Strategy Consultant in various firms in Italy.
Andrea holds a Master of Business Administration degree in Finance from Michigan State University, Broad Graduate School of Management, and a Master of Science in Business and Management Engineering from the Politecnico of Milan, Italy.
Zeena joined Sedgwick - Forensic advisory services division - in July 2018 to support the growth of the Middle East office. She came from MDD Forensic Accountants’ Dubai office which she joined in 2014. Zeena is a chartered accountant who specialises in the quantification of economic damage relating to Business Interruption, Contingent Business Interruption, Delay in Start Up, Extra Expenses, Stock and Property Damage. She has been involved in quantifying high value assignments across the Middle East, Africa and Central Asia.
Thornton Tomasetti provides engineering design, investigation and analysis services to clients worldwide on projects of every size and level of complexity. We are a 100 percent employee-owned organization of engineers, architects, scientists, and sustainability and support professionals collaborating from offices across North America and in Asia-Pacific, Europe, Latin America and the Middle East. We focus on providing a diverse suite of integrated services and leading innovation in our industry to ensure the continued success of our clients.
We have over 500 lawyers working across the Americas, Europe, the Middle East, Asia and Australia. We take a progressive approach to our roles in commercial business – thinking creatively and pragmatically to support our clients.
Whether we are solving complex issues within the construction, aviation or shipping industries, or providing advice across insurance, commodities and energy we are specialist lawyers here to add value to our clients. We think about the commercial solution first, and then underpin our advice with a solid foundation of legal expertise.
Entrepreneurial. Creative. Collaborative.
We have had a presence in the Middle East since 2006, when we opened our Dubai office to support the increasing number of clients in the region. Since then we have more than tripled in size, advising on both contentious and transactional matters on a local, regional and international scale.
This presentation will provide a comprehensive summary of global energy market dynamics in the context of recent, current and projected economic trends in leading energy producing and consuming economies.
The analysis of energy and economic trends will be followed by discussion regional challenges to geopolitical stability impacting trends impacting energy and energy insurance markets
1. Explanation of the LEG 1, LEG 2 and LEG 3 wordings; providing claim examples and the application of each wording.
2. Damage v Defect – discussion in the context of Renewables.
The convulsive and disruptive changes that are impacting three industries. See the abstract. There is also a portion on the irony of the “bookend” of the first industrial revolution where steam and fossil fuel energy drove that movement, and where we are today in the fourth industrial revolution where the definition of energy is changing.