Market News

Independent insurance and risk advice to the energy industry

Specialist in: Oil, Gas & Power related industries

About Us

MIKE PEACHEY (PARTNER) - BORN 1955

Fellow of the Chartered Insurance Institute Chartered Insurance Practitioner

Mike left school in 1971 aged 16 to join an insurance company and has worked in insurance ever since. His first significant management appointment was in 1982 aged 28, when working for the Jardine, Matheson Group of Companies. Mike was sent to Southampton to revive a loss making marine underwriting operation and to set up a new general branch office. Mike stayed for 3 years until the task was completed and then returned to London.

Mike then spent 3 years as a senior manager in the Group's marine offices in London, following the sale of Jardine Matheson's underwriting operations, before joining Indecs in 1989.

In 1990 Mike was one of a four man buy-out team form British & Commonwealth and became Chairman and Chief Executive Officer when Indecs was sold to Charles Taylor Consulting plc in 1998.

As a main board Director of Charles Taylor, Mike was responsible for the risk management consultancy operations of the Group, including marine consulting and captive insurance company management.

Mike took his team out of Charles Taylor in 2004 and formed Indecs llp, as an independent consultant, leaving in October 2006 to form Mike Peachey llp.

Mike Peachey has acted as principal independent consultant on a large number of projects. Here are some examples from the past 3 years:

NORTHERN EUROPE

Petrochemical plant

Expert witness regarding contractual claims

Integrated oil company

Liability insurance programme review

E&P company

Global terrorist risk insurance review

Oil Terminal

Management of programme implementation

EASTERN EUROPE

National oil company

Operating insurance programme review

Oil Terminal

Management of programme implementation

NORTH AFRICA

LNG project

Due diligence

Steel plant

Business interruption claim

GCC STATES

Aluminium company

Operating insurance tender

National steel company

Construction and operating insurance programme reviews

National oil company

Operating insurance tender

National oil company

Construction insurance tender

National airport authority

Liability insurance programme review

Power company

Construction insurance due diligence

GCC STATES

Petrochemical company

Operating insurance tender

National Shipping Company

Management of programme implementation

INDIA/ SUB CONTINENT

National oil company

Operating insurance programme review

Oil refinery

Delayed start up claim

CENTRAL ASIA

Power Company

Operating Insurance Programme Review

EAST ASIA

Petrochemical Company

Due Diligence

NORTH AMERICA

Oil refinery

Due diligence

Offshore operations

Insurance claims

Terminal operator

Liability programme review

CENTRAL AMERICA/ CARIBBEAN

National oil company

Advise basis for captive insurance company valuation

Oil Refinery

Due Diligence

SOUTH AMERICA

Heavy oil projects

Due diligence

Pipeline/terminal

Delayed start up claim

Energy Practice

We provide independent insurance and risk management advice and an outsourced insurance management function to energy companies

Claims

We have a 'cradle to grave' claims management service for large or complex claims

Due Diligence

We offer analysis and implementation of insurance requirements in large transactions

Risk Solutions

We analyse and solve risk retention and risk transfer issues