Andrew Greenland

Andrew Greenland

MEng, ACA

Partner

+56 2 2584 0602

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Andrew Greenland is a partner with Baker Tilly’s forensic, litigation and valuation services practice. Since 2004, Andrew has focused his work on forensic accounting, specializing in the calculation and measurement of losses for insurers and lawyers. His experience includes business interruption and reinsurance claims in mining, energy, cyber and manufacturing.

Andrew uses his Spanish fluency to work on cases and claims throughout Latin America. In 2013, Andrew relocated from London to Santiago to establish and lead the office in Chile.

Andrew also has significant experience in catastrophe response and spent many months working with local and international loss adjustors following the earthquakes in Chile in 2010, Ecuador in 2015 and Mexico in 2017.

  • A fire at Argentina's largest oil refinery caused destruction of the Coker and damage to other sections of the plant. Business interruption losses and increased costs resulted from lost sales, a change in product mix, and imports of finished products. Key issues included verification of the accuracy of the insured's linear program used to prepare the claim, the economics of imports and devaluation of the Argentinian Peso. This very large claim in excess of U.S. $1billion was amicability concluded within the maximum indemnity period
  • A copper mine in Chile suffered a transporter belt failure. This resulted in a reduction in production, although the insured was able to mitigate its loss through increased costs of additional trucking. We reviewed throughput, grade, recovery, variable costs as well as alternative selling prices dependent on the policy
  • A fire at a chicken processing plant resulted in a loss of sales and mitigation through increased processing at an alternative plant. Our review included analysing claimed projected sales trends, changes in product mix, and savings in costs such as maintenance and depreciation
  • Following the Chile earthquake of February 2010, a multinational supermarket chain suffered stock losses at over 200 stores. Furthermore, 15 stores suffered business interruption losses as a direct result of the damage and a further 110 stores through damage to the distribution centre. Our review included issues such as the impact of looting, obsolescence of stock, transfer of trade to alternative stores, savings and underinsurance
  • A coal fired power plant under construction in Chile suffered damages during the February 2010 earthquake, resulting in an ALOP claim. Our review included quantification of losses through market sales, capacity payments and the impact of the outage on contractual obligations. Other issues included seasonality, the period of delay attributable to the damage and the impact of underinsurance
  • Heavy rain damaged evaporation pools belonging to the world's largest lithium producer situated in the Atacama Desert in Chile. This resulted in a claim for a loss of intermediate product under the insured’s stock throughput policy. Our review included verification of sales price with sales contracts and to the spot market, variable costs not yet incurred in the insured’s concentrator and drying plants, and validation of the insured’s stock system
  • A fault with packaging resulted in contamination of a food product exported from Chile to customers in the U.S. Our review included the quantification of lost sales through a cancelled contract, verification of the production costs of contaminated product, and validation of recall and reestablishment costs
  • A dispute between partners at a law firm generated a demand for damages for a loss of profit. We quantified the damages resulting from a loss of repeat business from current clients and through the loss of a business alliance
  • Institute of Chartered Accountants, associate

Location

Santiago, Chile

Education

Master of mechanical engineering and Spanish

The University of Sheffield