Lucy Evans is a director with Baker Tilly’s forensic, litigation and valuation services practice. She has been involved in forensic accounting since 2012. Lucy has worked on assignments in Australia, Europe and Asia across circumstances such as business interruption, extra expense, product liability/recall, stock losses and personal injury. Her experience includes evaluating complex losses across a range of industries, including power generation, manufacturing, retail and pharmaceuticals.
Lucy also provides litigation support across a variety of matters, including mining losses and personal injury claims. She has been involved in the preparation of evidence and reports for use in court.
Lucy worked and trained in London prior to relocating to Sydney in 2015.
- In an Australian power generation loss, the insured claimed losses when one of several generating units was impacted by an incident. Increasing the complexity of the review was the need to determine when the unaffected units were able to make up generation lost at the damaged unit and the strict regulatory requirement surrounding power generation in Australia. Evaluation of the loss included the creation of a model to calculate the quantum of the claim based on a set of changeable assumptions.
- A beverage company suffered a contamination event at the site of a third-party producer operating under an exclusive supplier agreement. The insured alleged a significant loss of income and claimed recall costs due to two supermarket chains deleting the Insured's entire product range. During the review, significant information was unavailable as a result of the third-party supplier going into administration. The firm assisted in identifying a causal link between the contamination and the range deletion was not sufficiently demonstrated by the insured due to correspondence detailing other ongoing supply issues. This resulted in the material reduction in measurable quantum.
- A multinational glass manufacturer suffered a loss as a result of a major furnace leak. The insured mitigated a loss of sales by redeploying finished goods from domestic and international locations. The incident caused significant maintenance work to be delayed, which led to production inefficiencies and increased costs at an alternate site. Our review considered the impact of the loss event on multiple sites and was complicated by the impact of redeploying goods from overseas and the savings realized as a result of overseas production.
- Chartered Accountants Australia and New Zealand, member
- Young Insurance Professionals Australia and New Zealand, Inc. (2015-2019), NSW treasurer
- Lucy has been involved in the preparation of expert accounting evidence for trial
- Institute of Chartered Accountants in England and Wales, member