Pilko & Associates News and Events
Browse our latest, newest Grey Paper or “Did You Know”, bringing information and insights, and events where you can learn more on how to increase control of operational, EHS, and transaction risk.
Click on any heading to learn more. Click on any paper or brochure icon to view and download.
Pilko Presents: OPERA Seminar, February 2018
Rick Monty, Senior Advisor at Pilko, recently spoke at OPERA’s February Seminar on “Risk Control by Aligning Organisations from Board Room to Plant Room.” Rick’s presentation was highly praised by attendees (click image to download).
The Oil, Petrochemical and Energy Risks Association (OPERA) provides a forum for the interchange of technical information on all aspects of the insurance of oil, gas, petrochemical and power generation risks. The membership is drawn from the major Lloyd’s brokers, underwriters, loss adjusters, solicitors, surveyors, engineers and similar professions. It is particularly concerned with associated safety and loss prevention issues.
Pilko & Associates are proud to participate with OPERA around the world in helping our mutual clients increase their control of operational and EHS risk.
Should you have any questions with respect to the OPERA presentation or wish to learn how you can increase risk control by aligning your organization, click here.
Pilko Presents: GPCA Forum, November 2017
Our team at Pilko was honored to organize the seminar “Avoiding Catastrophic Incidents and Improving Reliability” at the 12th Annual GPCA Forum in Dubai on November 28, 2017. Pilko and GPCA collaborated to assemble world-class Speakers/Panelists representing Corporate Officers from major Chemical companies located in the Gulf Region and in the West.
Click on the video below to view (approx. 16min in length).
This seminar was a must-attend session for executive leaders whose business is exposed to Operational Risks through manufacturing processes. It highlighted the importance of risk control, and offered first steps, practical case studies and valuable takeaways to make rapid, dramatic and sustainable improvement in performance.
Please enjoy these key takeaways from our seminar.
NEW GREY PAPER: Indemnities or Insurance?
INDEMNITIES OR INSURANCE?
Getting and Maintaining Control of M&A Transaction Risk
M&A transactions come with all sorts of risk – for both buyers and sellers. Beyond revealed or seen risk and liabilities are those that are undisclosed, unforeseen or as a result of incident.
Buyers want to ensure that they’re covered for any risk associated with the asset they purchase. Sellers want to get rid of as much liability as possible as they divest the asset. It seems like the two ideas are at odds with each other.
How do buyers and sellers have adequate risk and liability protection and still have the M&A deal work?
In recent years, there has been growth in Representations & Warranties (R&W) insurance as a tool to manage risk and liability alongside traditional indemnities or as a mechanism to shift liability to a third party to speed up and get done M&A transactions.
Pilko & Associates has put together a Grey Paper that explores R&W insurance in M&A transactions. We discuss the differences and relative advantages and disadvantages for both the buyer and seller.
We want to make sure you know when each is appropriate and how to increase control of M&A and post-deal transaction risk and liability.
It’s exciting to see how R&W insurance can address issues like:
- Deal acceleration
- Deal completion
- Risk simplification
- Business value protection
- Extended coverage times
- Covering unknown or unforeseen risks
- Speeding up indemnity collections
Want to see more PIlko & Associates Grey Papers? Click here…
Global advisors to chemical and energy companies on Operational and EHS risk control for acquisitions, mergers, joint ventures and divestitures.
Our global footprint includes advisors in 32 countries across six continents. We continue to grow our global presence to be where you need us to be.
We have hosted 62 invitation-only Transactions Roundtables in Asia, Europe and North America since 2001.
PILKO & ASSOCIATES
Bringing operations, EHS, and transactions risk control to corporate officers and boards in the energy and chemicals industry.