ISSUE 6, January 2025

Mike McMahon

Managing Director, Natural Resources,
Charles Taylor Adjusting
E: mike.mcmahon@charlestaylor.com

Welcome to the sixth edition of Elements, Charles Taylor's digital newsletter dedicated to delivering leading insights to the Natural Resources sector.

Since its inception, Elements has aimed to shed light on an industry grappling with profound change. As we enter 2025, and while the world is evolving in many ways, the pace of transformation—and the need for informed dialogue—remains more important than ever.

From the ongoing energy transition to the challenges posed by global conflicts and the development of technology in all aspects of our lives, our experts bring you their perspectives on these critical topics.

This is the Sixth Edition of ‘Elements’, Charles Taylor’s digital newsletter for Natural Resources. Since its creation, it has now hosted 44 pieces of content, attracting over 4,000 readers from around the globe. Thanks to your support, Elements continues to grow, with each edition reaching an increasingly wider audience.

  • A steady hand in the volatile world of political violence Hugh Sparks and Shazia Rehman share their poignant experiences and innovative approaches to managing claims in the volatile regions of Ukraine, Israel, and Gaza.
     
  • Autonomous plant and equipment in mining Omar Mostafa explores the transformative potential of automation in revolutionising the mining industry, a traditional sector harnessing the benefits of developing technologies.
     
  • Pinpointing the cause of corrosion in flexible risers In this piece, Chris Minton and Jeremy Allen of forensic engineers MTD, and myself reflect on the tools available to ascertain the cause of corrosion. Claims involving an element of corrosion are always challenging so it is reassuring to know that the science is developing to assist insurers in making informed decisions.
     
  • Sparks will fly in the transition to net zero Alasdair Boyle and James Marks recap their compelling presentation at the 2024 Onshore Energy Conference in London, focusing on the complexities of energy generation infrastructure.
     
  • The part played by pipeline integrity management in operational losses Jubin Mehta, examines the vital role of pipeline integrity management in reducing operational losses—a pressing concern for operators worldwide.
     
  • Understanding power grid inertia to mitigate renewable energy losses Keith Lee delves into the critical concept of power grid inertia, highlighting its significance in optimising the energy sources as the share of renewables increases in the energy mix.

At Charles Taylor, our mission is clear: to help our clients navigate and resolve their most complex claims. By staying at the forefront of market developments and sharing our insights, we aim to equip you with the knowledge and tools necessary to succeed in this ever-changing landscape.

Our adjusting team is also committed to developing the next generation of talented adjusters to build on the foundations laid by those that have gone before. In this edition I’m delighted to be able to spotlight two very talented colleagues who have bright futures ahead of them. Dea Rusly and Mariana Martinez share their respective thoughts about working in this industry.

We hope you find this edition of Elements both engaging and informative. As always, we welcome your thoughts and look forward to continuing the conversation in the year ahead.

Article 01

A steady hand in the volatile world of political violence

The unpredictable and highly charged nature of political violence impacts businesses and organisations globally. Dealing with the associated re/insurance claims demands a rapid, specialised and technologically sophisticated response. Charles Taylor provides this specialised service in some of the most challenging environments throughout the world.
 

Article 02

Autonomous plant and equipment in mining

This is the first of two articles to look at recent developments in mining technology. This first article focuses on the relatively well-tested technology being deployed in mining plant and machinery. The second article will follow later in 2025 and provide more focus on state-of-the-art technology driven by developments in Artificial Intelligence.
 

Article 03

Pinpointing the cause of corrosion in flexible risers

Flexible risers have become a common feature in oil and gas offshore field developments since they were first deployed in the 1970s. Their popularity stems from their flexibility, longevity, relative ease of installation and general resistance to corrosion.
 

Article 04

Sparks will fly in the transition to net zero

It’s one thing to have a target – net zero – but it’s another thing entirely to have the resources, infrastructure and political will to actually hit it.
 

Article 05

Spotlight Series

As part of our spotlight series we interview Dea Rusly, Assistant Manager, Natural Resources, Indonesia and Mariana Martinez, Adjuster, Natural Resources, Latin Americato discuss their backgrounds and day-to-day lives.

Article 06

The part played by pipeline integrity management in operational losses

Subsea pipelines serve as underwater arteries for petroleum developments. They transport oil, gas and other produced fluids from wells to production platforms and then on to a variety of onshore and offshore facilities.
 

Article 07

Understanding power grid inertia to mitigate renewable energy losses

The transition away from the fossil fuel towards more renewable sources of power generation is a central piece in the UK’s strategy to achieve its net zero commitments. But increasing the percentage of renewable energy in the electricity grid – particularly wind and solar –brings its own set of challenges.