Nick Coffey
DirectorNick is a specialist in the management and negotiation of insurance claims representing Assureds, with extensive International experience in the energy and utility industries and its related insurance markets. Nick is involved in a variety of cases at any one time, ranging from on-going consultancy work for clients including multinational organisations such as gas and power utilities, IOCs, NOCs, Independent E&P and refining companies, to one off advisory assignments providing independent advice on claim strategy and outcomes. He has been lead advisor to Assureds on many of the largest and most complex insurance claims, including Gryphon FPSO, Super Storm Sandy for multinational utility, Banff FPSO, P-36, Ekofisk 2-4W, Piper Alpha, Toulouse Fertiliser Plant Explosion, Buncefield Oil Depot Explosion, La Mede Refinery Explosion.
Currently, Nick is leading the management of a number of high value insurance claims including advice on strategy, coverage interpretation, management and co-ordination of resources, contractual negotiations, liaison with loss adjusters, brokers, lawyers and insurers. The claims under management by INDECS on average exceed USD2.5 billion.
Additionally, Nick provides consultancy in relation to insurance management function, contract negotiation for risk allocation, insurance philosophy, insurance market practice and insurance programme benchmarking to Corporations, Governments, Regulators and Lawyers.
Nick graduated in 1991 from the University of London and is a Member of the Chartered Insurance Institute.
