Initially the Russian operation will primarily focus on loss adjusting services, which is the specialisation of the investigation and resolution of insurance claims and commercial disputes within both the energy (onshore and offshore), power and marine industries. Key services include loss adjusting, expert witness, dispute resolution and risk assessment.

Heading up AqualisBraemar’s Moscow office is Yan Nikitin. Nikitin has frequently supported AqualisBraemar’s operations in Russia over the past decade.

Prior to his career as an energy loss adjuster, Nikitin worked for two Russia based insurance companies, responsible for handling claims in power and oil and gas sectors. Nikitin also has considerable experience conducting HAZOP/HAZID/SIL studies in the power and oil and gas sectors.

“Russia is a significant and important market with many prospective clients that can benefit from our extensive specialist knowledge from resolving insurance claims in both onshore and offshore industries. Having a formal and permanent presence in Russia will make it easier for both Russian and international companies to utilise our services here. Yan Nikitin has a strong name in the industry, and we aim to build up the Moscow office around his core competence,” says Allan Kelly, managing director of AqualisBraemar’s loss adjusting business for Europe and Africa.

AqualisBraemar is part of Oslo-listed energy consultancy group AqualisBraemar ASA.