I have seen some discussion lately on this subject, with some interesting solutions, so I thought I would share my own with others. This type of thing may have been discussed in the past but I have never done a search so…
So its definately a problem when you go to try and add a nipple and valve to quite a few of the coolers that have a gap filled by insulation. There is no structural support in the cooler to stop the compression that occurs when tightening the setup to stop leakage. My solution (hopefully you can see it in a picture?) was to take and cut off a small piece of 1" schedule 40 irrigation pipe, cut it the length of the gap between the two sides of the cooler, usually around 3/4" long. Take that piece and cut it into 4 pieces lengthwise. Now it should be ready to force into the gap in the cooler one piece at a time. Sometimes, depending on the cooler (I have only used igloo’s) you may have to push against the insulation pretty hard in order to get the pieces of pvc to seat inside the gap, but once you do, the gap between cooler sides will no longer compress, allowing you to really crank down on things and the leak issues will be a thing of the past. Good luck!