2. INDECS Structure
Barry Williams Nick Coffey Paul King
Partner Managing Partner Partner
Nicole Seabrook
Claire Burden
Len Goodhill
Kit Hollis
Robin Kaye
Mark Roe
Ian Saunders
Mark Williams
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3. Who are INDECS?
• Established in 1988
• Formally Taylor Risk Consulting (CTC Plc)
• No outside ownership of equity
• 3 Partners
• 8 Staff
• Office in City of London
• Current base exceeds 60 clients operating in 36 countries
• Only Consultancy Solely Working for Assureds - not
Brokers or Underwriters.
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4. Core Services
• Claims Consultancy
• Risk Solutions
• Energy Practice
• Due Diligence
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5. Claims Consultancy
• Identify the issues in large and complicated claims.
• Agree policy coverage with loss adjusters and insurers.
• Create efficient systems to assist in the processing of
claims.
• Co-ordinate the flow of information to loss adjusters and
insurers.
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6. Risk Solutions
• Risk Assessment
– Identification and Quantification of Risks
– Mapping and Analysis Techniques
• Risk Retention
– Captive and Rent-a-Captive feasibility
– Industry mutual feasibility, audit and management
– Uninsured loss fund and deductible management
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7. Risk Solutions
• Risk Transfer
– Contractual Terms
– Insurance Products
– Spread finance
– Capital Market Solutions
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8. Energy Practice
• Many of our clients have Insurance Departments that
need ad-hoc services – we can provide that
• Some have no insurance function, and no desire to have
full time employee
• We fully support organisations seeking external solutions
to the provision of expert advice to business groups
• Independent assessment of insurance needs and aspects
of the cost of risk
• Global Experience
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9. Energy Practice
• Services include:
– Project Risk Management
– Regional Insurance Co-ordination
– Advice on Construction & Operating Insurance
– OIL utilisation
– Insurance administration
– Management/facilitation of independent tender
process and evaluation
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10. Energy Practice
• Insurance programme reviews
• Programme Design including Structure
• Benchmarking Industry coverage/practice
• Clients representation with brokers, Insurers, JV
Partners
• Analysis of coverage
• Casualty simulation
• Contract Reviews
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11. Due Diligence
• Insurance adviser to lenders and sponsors in non-
recourse and limited recourse project financings,
including many oil and gas, petrochemical and power
projects.
• We also act as advisers in connection with mergers
and acquisitions.
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12. Sample Client List
Algeria Canada: Egypt
Sonatrach Hibernia Offshore Oil BG
Burlington Shell Canada Regal Petroleum
Terra Nova Offshore
Angola Trans Canada Pipelines France:
SBM / CABCOG Nexen Total
Encana SBM
Argentina:
Gasandes
China: Gabon:
Australia Pinghu Project Afren
Kerr McGee
Denmark: Indonesia
Brazil Hess Hess
Petrobras Maersk Oil
Khazakhstan:
Azerbaijan Equatorial Guinea: PetroCanada
BTC Pipeline Project Triton
Libya
Veba Oil and Gas
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13. Sample Client List
Mexico: Thailand: United Kingdom:
Pemex Thai Petrochemical Industries BHP Billiton
TUNTEX Petrochemical BP
Malaysia Thai Romo Offshore BG Group
ERUK
Murphy
Hess
Petronas Venezuela:
Maersk UK
Cerro Negro Heavy Oil Project
Nexen
Nigeria Sincor Heavy Oil Project PetroCanada
Afren Petrozuata Heavy Oil Project Total
EER Hamaca Heavy Oil Project
USA:
Norway: BP
Norsk Hydro Hess
Statoil Kellog Brown & Root
Holly Corporation
Murphy
Shell
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