Muhammad Usman Ghani (Chartered Insurer - UK)

General Manager (Reinsurance) at NICL
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Contact Information
us****@****om
(386) 825-5501
Location
Karaçi, Sind, Pakistan, PK
Languages
  • English -
  • Urdu -
  • Punjabi -
  • Hindi -

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5.0

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Hassan Javed - MBA, ACII - UK

Muhammad Usman is a very professional & intellectual guy who knows how to deal challenging situations and it was really nice time we spent together as colleagues. Keep it up!

Wajahat Ahmed Siddique

He is really highly motivated towards good professional, willing to take responsibilities and give guidance, support to their co-workers/juniors. He loves to work as a great team player. Recent turn in his carrier will definitely teach lot him a lot and described as that he has an ability to lead from the front.

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Experience

    • Pakistan
    • Insurance
    • 1 - 100 Employee
    • General Manager (Reinsurance)
      • Nis 2021 - - Halen

      • Supervising the reinsurance arrangements (both facultative and treaty) and claim recoveries from international reinsurers.• Dealing proactively with renewals and day-to-day business inquiries.• Gathering information from clients, assessing their insurance needs and risk profiling.• Designing the policy documents as per the client’s insurance needs and requirements and advising the cover limits and deductibles and obtaining the best possible terms for high-net-worth clients from the international market. • Submitting RFQs & negotiating best deals with reinsurers for Clients.• Checking and reviewing the insurance documents before passing them on to the clients.• Reviewing the treaty and facultative proposals and making improvements thereon as per the need and desires of clients. • Dealing with regulators and other government departments on regulatory issues including but not limited to obtaining necessary approvals regarding the placements of risks globally.• Reviewing the claims trend and liaison with the underwriting department for necessary improvements/ amendments in policy documents and procedures etc.

    • Pakistan
    • Insurance
    • 1 - 100 Employee
    • Manager / Head of Retrocession
      • Tem 2019 - Nis 2021

      • Managing the retrocession arrangements (both facultative and treaty) and claims recoveries from international reinsurers.• Liaison with international brokers and (re)insurers for the placement of risks of high-net-worth clients and the ultimate claims recovery. • Scrutinizing the claims documents and pursuing the reinsurers for claims recoveries under a treaty and facultative arrangements. • Monitoring/ dealing with the claims of the high-net-worth clients e.g., Fleet of Shipping and Aviation companies and insurances of satellites, Power Projects, Dams, bridges etc.• Reviewing claims trends and liaison with the underwriting department for necessary improvements/ amendments in policy documents etc.• Dealing with regulators and other government departments on regulatory issues relating to insurance claims and other necessary approvals regarding the placements of risks globally.

    • Transportation, Logistics, Supply Chain and Storage
    • 300 - 400 Employee
    • Head of Insurance & Claims
      • Oca 2018 - Tem 2019

      • Handling all insurance matters of company. Particularly insurances and claims relating to P&I Club and H&M (i.e. Cargo shortage/damage, crew medical, stevedores claims, FFO, Demurrage, collision, General Average and Particular Average claims etc.)• Reviewing P&I Policies and negotiating Policy Renewal terms with London-based P&I Club for the whole fleet.• Reviewing H&M Policies and negotiating Policy Renewal terms with H&M underwriters for the whole fleet.• Dealing with loss adjusters, lawyers, and surveyors globally. • Handling demurrage claims & subsequent arbitration and litigation proceedings. • Handling all relevant suit matters (Local and overseas) • Dealing with NVOCC Claims & related dispute matters with P&I Club and the Commercial/ operations department. • Appointing Surveyors, P&I correspondents, Cargo Experts, lawyers, solicitors etc across the Globe.• Arranging LOU / Bank guarantees relating to Class 1 & II matters.• Evaluating the recovery prospects of potentially controversial or disputed claims and negotiating compromised settlements.• Providing technical advice and proactive support to other departments on matters involving potential insurance claims.

    • Assitant Manager (Hull & Machinery and Misc. Claims)
      • Tem 2014 - Oca 2018

      • Maintaining H&M Policies and assisting the Manager in negotiating Policy Renewal terms with H&M Underwriter for the whole fleet.• Maintaining other insurance policies of PNSC (i.e. Fire, Property & Engineering, Motor, Group life insurance etc.)• To assist the Manager in negotiating renewal terms with Insurers.• Handling H&M Claims (i.e. Collision, Main Engine Damages etc…)• Handling General Average and Particular Average Claims.• Liaison with Surveyors, Loss adjusters, Lawyer, P&I Club, H&M underwriters regarding collision and General average claims. • Handling death claims with State Life insurance.• Handling Motor Claims with NICL.

    • Assistant Manager (Marine Cargo and P&I Claims)
      • May 2010 - Tem 2014

      • Maintaining P&I Policies and assisting the Manager in negotiating policy renewal terms with P&I Club for the whole fleet.• To assist the Manager in P&I Club renewal and other related matters.• Handling / assisting the Manager in cargo, crew medical, deserters, stoways, FFO claims. • Handling/ assisting the Manager in P&I Class II claims – Charterer’s related disputes • Handling/ assisting the Manager in NVOCC Claims & related correspondence with P&I Club and Commercial Department. • Liaise with the Commercial department regarding their operational issues (B/Ls, C/P clauses, LOI etc)• Arrangement of LOU / Bank guarantees relating to Class 1 & II matters.• Handling the relevant lawsuits in the local and foreign jurisdictions. • Appointing Surveyors at load/discharge ports for Owned and NVOCC shipments• Handling demurrage claims

Education

  • Chartered Insurance Institute
    ACII (UK), Insurance
    2017 - 2022
  • Chartered Insurance Institute
    Dip. CII (with two Distinctions), Insurance
    2016 - 2017
  • Chartered Insurance Institute
    Cert CII, Insurance
    2015 - 2015
  • University of the Punjab
    MBA, (Insurance & Risk Management)
    2007 - 2009

Community

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