Specialist, ongoing advice

That’s why we offer specialist advice, tailored to your unique needs and designed to achieve value for you. From assistance with specific projects, through to ongoing advice and day-to-day support, our team of experts will guide you to achieve your objectives.

With our advice you can rest assured you are transferring risks to the insurance market in a considered and cost-effective manner. That way, if a claim occurs, the insurance responds as expected to protect your business.

A customised, bespoke approach

Getting to know you and your business operations is key to our tailored approach. By understanding your strategic goals, exposures and risk appetite, our team of expert consultants will work with you to achieve a bespoke solution. We will seamlessly integrate with your team to keep you informed and empowered throughout each project.

Our team will provide you with the information you need to make the best decisions on how to use the insurance market.

How we can help

Our services typically include:

  • Outsourced or co-sourced risk and insurance management: delegate the entirety or specific aspects of your insurance risk management to our experienced team. We will leverage our independence to advocate for your best interests, ensuring risks are effectively managed.
  • Managing Requests for Proposal (RfPs): we ensure a fair and competitive bidding process for all providers in the insurance supply chain through our established RfP protocols, maximising the value you receive from each stakeholder.
  • Insurance programme portfolio review: our holistic approach goes beyond policy wordings. We bring our extensive experience on the application of the policy to large and complex claims and consider your risk profile to ensure your coverage aligns with your business needs. We can optimise your insurance arrangements and ensure premium efficiency or serve as due diligence for your mergers and acquisitions activities.
  • Insurance strategy reviews: a comprehensive evaluation and recommendations on how to manage your insurable risks, aligned with your wider business strategy. Includes asset and liability value reviews, contractual risk allocation reviews and risk retention analysis, all aimed at ensuring that risks are managed in a considered way and you have the right coverage for the right price.
  • Captive interface services / management support: independent support so you can focus on strategic decision-making, while we ensure the operational risks are managed.
  • Insurance process optimisation: we identify and address inefficiencies in your insurance buying and execution processes, leading to significant cost reductions.

A partnership for value

Our team will be an extension of yours to deliver tangible results that help you optimise your total cost of risk, enhance your level of risk management and empower you with the knowledge to make informed decisions. All this, while also ensuring you get best value out of your insurance and only pay for what you need.

Case Studies

Neptune Energy

INDECS provided risk and insurance consultancy to Neptune Energy, through its acquisition of assets from EDF, development of fields in North Sea and Algeria, operations, exploration globally, claims and eventual sale to ENI in 2024.

Sector: Oil & Gas

INDECS provided risk and insurance consultancy to Neptune Energy, through its acquisition of assets from EDF, development of fields in North Sea and Algeria, operations, exploration globally, claims and eventual sale to ENI in 2024.

 

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“I have worked closely with the INDECS team and have observed first hand their professionalism and dedication to the work. I found their involvement in our projects a true asset and their support highly valuable.”

Senior Investment Officer, International Finance Corporation (IFC) (Lender)
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“Confronted by an issue in the insurance market which threatened to undermine completely the financial close of a multi-million-dollar transaction, we received unyielding support from INDECS in keeping lenders and their lawyers on board with us and our client, while we engineered a solution. INDECS’ pragmatic and commercial attitude and approach throughout this episode was a significant contributory factor to the eventual success of this project.”

Partner, Alesco Risk Management Services (Broker)
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“It was a pleasure working with INDECS in your role as lenders’ insurance advisors on the 450MW power plant project transaction. INDECS demonstrated a pragmatic, expert and proactive approach that was appreciated by all parties. Thank you very much.”

Commercial Director, Aldwych International Ltd (Sponsor)
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“The professionalism of the INDECS team is highly valued, and their overall insurance knowledge, connections to the international insurance market and general responsiveness is an asset to any project finance transaction. INDECS have been instrumental in finding workable solutions to challenges imposed by local insurance regulations in countries where international lender requirements would otherwise not have been met. These solutions have created market standards Senior Insurance Advisor, which international lenders can use in future transactions.”

Senior Insurance Advisor, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) (Lender)
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“We at ACWA Power have worked with the INDECS team on a number of project finance deals for over a decade and are satisfied with the experience. The team, led by Mr. Barry Williams, is professional, pragmatic, customer and solution oriented. We have no hesitation to recommend INDECS as lender’s insurance advisors for an energy project.”

Director – Risk and Insurance, ACWA Power (Sponsor)
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