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Hugh Sparks

Job title: Managing Director - Natural Resources – OEM UK

Telephone: +44 207 398 5357

Mobile: +44 788 178 6511

Location: London

Expertise: Natural Resources, Onshore Energy and Mining

Specialities: Mining & Utilities, Natural Resources

About:

Hugh has worked in the insurance claims field since 1979. He started as an adjuster in the UK in 1982 and entered the international reinsurance markets in 1993. During that …

Hugh has worked in the insurance claims field since 1979. He started as an adjuster in the UK in 1982 and entered the international reinsurance markets in 1993. During that time, he has worked worldwide on a number of significant assignments for the different Reinsurance markets as well as Insurers.  

Hugh specialises in large and complex losses in onshore energy comprising downstream hydrocarbons, power and mining sectors on a worldwide basis. He has delivered several papers in a number of international insurance fora on specialist claims handling matters. He is an experienced and internationally-known loss adjuster, and, whilst predominantly operating in the energy and liability sectors, he has extensive experience of concomitant EAR/CAR and general property risks.

His forte is large, complex and sensitive losses providing an all-encompassing management of major loss incidents. 

Principally representing Reinsurers from the major reinsurance centres around the world, Hugh provides a time and cost-effective management of multi-faceted disciplines necessary in the handling of large and complex claims. He provides a clear and concise interface between Cedents, Original Insureds, appointed consultants and instructing Principals.  

Onshore Energy & Mining (OEM)

Hugh is a Managing Director of the International Onshore Energy and Mining (OEM) global practice. This comprises a small group of highly experienced and qualified specialists in the field. The basic tenets of the OEM can be summarised as follows:
•    A focus on high profile and complex losses in the field of onshore energy comprising downstream hydrocarbons, power generation & distribution and mining, including concomitant EAR/CAR risks.
•    An outward-looking philosophy targeted on handling major losses in a uniquely fast, efficient, highly technical, creative and collegiate way.
•    A niche group of Directors and highly qualified specialists in a global team looking to become the premier force of major events in the OEM space. 

Major Losses

Mining / Minerals – South Africa, Latin America, Australia, Europe
EAR / CAR – Angola, Taiwan, Russia, Middle East, UK, Pakistan, Europe
Power – UK, Middle East, Latin America, North Africa, Europe, Russia, Far East
Refineries – Europe, Latin America, USA, North Africa, UK, Middle East, West Africa 
Petrochemical – Europe, Latin America, Far East, North Africa, Middle East
Chemical / Thermoplastics – Europe, China, USA, Middle East, Pakistan 
 

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