Dave Ong

Dave Ong Email and Phone Number

Head of Marine, APAC at Sompo @ Sompo
Dave Ong's Location
Singapore, Singapore, Singapore
Dave Ong's Contact Details

Dave Ong work email

Dave Ong personal email

About Dave Ong

With more than 15 years of experience in the insurance industry, Dave is a seasoned Leader with a proven track record across Asia Pacific and the Middle East.Well-versed in a diverse range of marine insurance lines. With a background that started from marine surveying/loss adjusting and claims, before moving on to underwriting and subsequently managing portfolios.Dave is committed to delivering strategic solutions and fostering strong client relationships to create optimal risk management for clients' needs, while inspiring the next generation of insurance professionals to join a rewarding and purposeful industry.

Dave Ong's Current Company Details
Sompo

Sompo

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Head of Marine, APAC at Sompo
Dave Ong Work Experience Details
  • Sompo
    Head Of Marine, Asia Pacific
    Sompo May 2024 - Present
    Singapore
  • Aig
    Head Of Marine, Singapore
    Aig Oct 2019 - Apr 2024
    Singapore
  • Nil
    Sabbatical
    Nil Jul 2019 - Oct 2019
    Singapore
  • Ascot Underwriting Asia
    Head Of Marine - Asia
    Ascot Underwriting Asia Jun 2018 - Jun 2019
    Singapore
  • Argoglobal
    Senior Underwriter - Marine & Energy
    Argoglobal Jul 2016 - Jun 2018
    Dubai, United Arab Emirates
    - Started the Marine Portfolio/Department for ArgoGlobal Dubai from scratch- Achieved a healthy business mix of Marine Sub-classes in line with expectations- Grew the portfolio to a reasonable size, whilst maintaining a close watch on sustainability and profitability- Promoted the Company's Branding successfully to be viewed as one of the main lead Marine markets in the MEA region
  • Rsa
    Assistant Manager - Hull (Mena Region)
    Rsa Jan 2014 - Jun 2016
    United Arab Emirates
    - Managed the P&L across Marine Hull & Marine Liability Classes- Business development and Relationship building- Explored/Developed new opportunities in the MENA region- Developed alternative strategies for existing market/product lines- Technical Undewriting Referral Point for regional offices
  • Rsa
    Marine Hull Deputy Underwriter (Mena Region)
    Rsa Sep 2012 - Dec 2013
    United Arab Emirates
    Marine Hull Underwriting for Middle East RegionUnderwriting for Marine Hull and Marine Liability Classes
  • Rsa
    Senior Regional Claims Executive (Marine - Ame)
    Rsa Feb 2011 - Sep 2012
    Singapore
    Business Lines Handled:-- Marine Cargo (Retail & Complex Accounts)- Integrated Transport LiabilityWork Scope:-- Liaise with Loss Adjusters, Recovery Agents, Solicitors and instruct them accordingly on various areas of any claim that may require extra attention.- Review claims submitted and analyse Policy Liability & Coverage.- Negotiate with Assureds and Brokers on various contentious matters.- Spearhead and develop Claims Plan on potential complex claims.- Monitor Recovery efforts and increase recovery rates where possible. If need arises, to look for alternative recovery avenues.
  • Insight Adjusters & Surveyors Pte Ltd
    Loss Adjuster
    Insight Adjusters & Surveyors Pte Ltd Oct 2008 - Feb 2011
    Singapore
    - Perform various site cargo inspections/surveys at Ports, Airline Terminals, Insured’s premises, on-board vessels.- Loading and Discharge Surveys for Insurers & Insureds.- Conduct investigation and loss site inspection as well as performing enquiries for interest of Liability Insurers.- Conduct survey for Project Cargo and assist in claim handling (Such as SMRT (circle line), Resorts World Singapore)- Assist and guide claimants in the claims process, in accordance to the Policy Terms and Conditions.- Review Marine Cargo Policy Terms & Conditions and provide appropriate recommendations as well as highlight potential issues that may arise- Register new loss to Insurers, provide, review and regularly update Insurers on loss reserve.- Verify claim submission with supporting documents before submission to Insurers with recommendations, and if necessary, suggest loss adjustment where available.- Recommend external subject matter experts when necessary and monitor/maintain their service level.- Liaise with appointed legal personnel to ensure claim settlements are in line with principals’ objective and resolution reached amicably and timely.- Highlight recovery potential and ensure rights of recovery for principals are reserved/protected.
  • Jurong Shipyard
    Assistant Safety Officer (Industrial Attachment/Internship)
    Jurong Shipyard Dec 2003 - Feb 2004
    Singapore
    - Provide assistance to Safety Officers when required- Performed routine checks and patrols to ensure safety standards/regulations of the shipyard are met- Conducted safety briefing for general workers before start of workday- Spearheaded safety education & awareness campaign for all employees (created safety posters/pamphlets & briefing of MOE requirements)- Review Permit-to-Work systems in place and provide system revision to enhance productivity without compromise on safety.
  • Pan United Shipyard
    Design Engineer'S Assistant (Industrial Attachment/Internship)
    Pan United Shipyard May 2003 - Jul 2003
    Singapore
    - Assisted engineers in basic alterations of technical drawings- Performed a launch-way alignment calculation- Assisted in launch-way placement of a major vessel launching- Designed safety device/equipment for use on ships during repair works- Performed general daily administration duties

Dave Ong Skills

Reinsurance Claims Management Loss Prevention Client Relationship Management General Insurance Marine Insurance Marine Underwriting Claim Crm Maritime Risk Management Cargo Insurance Claims Resolution Liability Analysis Claims Investigations Loss Adjusting Inland Marine Subrogation Claims Handling Underwriting Brokers Insurance Commercial Insurance

Dave Ong Education Details

  • Chartered Insurance Institute/Sci
    Chartered Insurance Institute/Sci
    Associate Of Chartered Insurance Institute
  • Ngee Ann Polytechnic
    Ngee Ann Polytechnic
    Marine & Offshore Technology
  • Yuan Ching Secondary School
    Yuan Ching Secondary School
    Gce 'O' Lvls

Frequently Asked Questions about Dave Ong

What company does Dave Ong work for?

Dave Ong works for Sompo

What is Dave Ong's role at the current company?

Dave Ong's current role is Head of Marine, APAC at Sompo.

What is Dave Ong's email address?

Dave Ong's email address is da****@****ail.com

What schools did Dave Ong attend?

Dave Ong attended Chartered Insurance Institute/sci, Ngee Ann Polytechnic, Yuan Ching Secondary School.

What skills is Dave Ong known for?

Dave Ong has skills like Reinsurance, Claims Management, Loss Prevention, Client Relationship Management, General Insurance, Marine Insurance, Marine Underwriting, Claim, Crm, Maritime, Risk Management, Cargo Insurance.

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