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Daniel Thorpe

J.S. Held’s Inaugural Global Risk Report Examines Potential Business Risks & Opportunities in 2024

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Daniel Thorpe
 

Executive Vice President | Forensic Accounting - Insurance Services

 

+971 56 658 3620 (Mobile)
Building No. 3, One Space Business Centre, Offices 43-50, 1st Floor, Green Community, Dubai Investment Park 1
Dubai, UAE

Daniel Thorpe is an Executive Vice President in our Forensic Accounting - Insurance Services Practice, based in Dubai, UAE. He has over 15 years' experience, having specialised in Forensic Accounting since 2006. Prior to joining J.S. Held, Daniel opened and established the regional office of another Forensic Accounting firm in the Dubai International Financial Centre and has quantified some of the largest Business Interruption, Delay in Start Up/Advanced Loss of Profit claims in the Middle East and Africa (“MEA”) region over recent years. Prior to that, Daniel was based in London and Asia. He had extensive involvement in catastrophe losses in Japan and Thailand.

Daniel has worked extensively in the areas of:

  • Powergen – Fossil Fuels and Renewables (Solar)
  • Petrochemical Manufacturing (Including Oil and Gas Refining and processing, Plastics, Rubber, and Nitrogenous Fertiliser)
  • Metals, alloys, and compounds (Aluminium, Iron, Steel, and Titanium Dioxide)
  • Food and Beverage Manufacturing
  • Automotive Manufacturing
  • Hotel & Resorts
  • Ports & Terminals
  • Retail

The majority of interruptions have arisen due to physical damage (machinery breakdown, fire, flood, wind, etc.) others relate to cyber incidents and product recall. More recently, Daniel has handled COVID-19 related “non-damage” business interruption claims involving over 100 entities across a multitude of industries and sectors, triggered by notifiable disease (on-premises and/or vicinity), prevention of access, civil/competent authority, and other similar coverages and extensions.

Daniel has presented at regional energy conferences in Dubai, and to Insurers and Independent Adjusters on issues related to Business Interruption quantification, on topics such as PPA/PWPA use across the region, deductible application, increased cost of working, repair versus replace economics, BI overlap in stock quantification, saved/brought forward maintenance and depreciation as a saving, to mention just a few. Some topics have also been featured as articles in regional industry publications.

He has prepared expert reports in the UK and Dubai (DIFC) and supported lawyers in subrogation and arbitration.

Daniel is a graduate of the Nottingham Trent University with a BA (Hons) in Business Studies (Accounting and Finance) and also worked at HJ Heinz both during his industrial placement year and following graduation.

Insights by Daniel Thorpe

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Ports & Terminals: Potential Claims & Other Impacts Resulting from the Francis Scott Key Bridge Collapse
We discuss current and potential estimates of claims related to life, infrastructure, property, and more following the Francis Scott Key...
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How to Handle Complex Ports and Terminals Business Interruption Insurance Claims
This article explains how to manage complex ports and terminals business interruption insurance claims.
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Major Earthquakes: What to Expect During & After Seismic Events
In this paper, we discuss what to expect during and after major earthquakes and examine how seismic design and retrofitting...
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