Wenceslao Borreo Panuntan

Provides underwriting guidance, marketing support, policy issuance, and risk inspection (as required) for Aviation, Marine Cargo, and Hull insurance lines.

Leads the evaluation, acceptance, and reinsurance placement of large corporate and complex accounts, ensuring appropriate risk assessment and optimal risk transfer arrangements.

Reviews and evaluates policy renewals, providing strategic recommendations to ensure portfolio quality, pricing adequacy, and continued alignment with underwriting standards.

Authorizes and signs policies, endorsements, cover notes, and renewal documents within delegated underwriting authority.

Conducts ocular inspections of large and high-exposure risks to ensure accurate risk assessment and underwriting integrity.

Serves as the technical authority supporting the Marketing Department on Aviation, and Marine Cargo lines, ensuring sound application of underwriting principles and product structures.

Oversees quotations upon request of the Marketing Department, ensuring accuracy, competitiveness, and compliance with underwriting guidelines.

Addresses and resolves inquiries from clients, agents, and brokers, maintaining strong stakeholder relationships and service excellence.

Supervises the preparation and review of weekly, monthly, and annual production reports to monitor performance and support strategic decision-making.

Leads technical training initiatives on Aviation, Marine Cargo & Hull Lines, for agents, brokers, and prospective clients to strengthen market capability and business development efforts.

Provides strategic leadership and overall direction for the Marine Department, overseeing underwriting, marketing, portfolio development, policy issuance, premium collection, and risk inspections for Marine lines including Cargo, Hull, and Aviation including Personal Accident & Health.

Establishes and enforces robust underwriting governance and risk management frameworks, ensuring consistent, efficient, and cost-effective implementation of corporate policies across the Head Office, branches, agencies, and all underwriting channels.

Drives sustainable growth and profitability of the Company’s Marine portfolio through strategic market engagement, strengthening relationships with corporate brokers, in-house agencies, and high-potential branch networks.

Provides executive guidance to expand market penetration and optimize production performance.

Authorizes and executes underwriting guidelines, policies, endorsements, cover notes, certificates, renewal documents, and manuscript wordings within approved underwriting limits.

Leads the structuring and placement of overseas facultative reinsurance for complex and high-value risks beyond treaty capacities, in coordination with Reinsurance Head, ensuring optimal risk transfer and capital protection.

Oversees portfolio performance by closely monitoring profitability, risk accumulation, exposure management, and loss prevention strategies to safeguard underwriting results.

Reviews and endorses risks exceeding delegated authority and submits formal recommendations to the President/CEO for final approval.

Provides technical excellence and market development by delivering Marine insurance training and thought leadership to brokers, agents, branch personnel, and key clients.

Provides leadership and oversight in the underwriting, marketing support, policy issuance, and risk inspection (as required) for Aviation, Marine Cargo & Hull, Casualty Lines, and Personal Accident insurance.

Manages the evaluation, acceptance, and reinsurance placement of jumbo and high-exposure accounts, ensuring appropriate risk assessment and effective risk transfer arrangements.

Reviews and evaluates policy renewals, providing sound underwriting recommendations to maintain portfolio quality, profitability, and compliance with established guidelines.

Authorizes and signs policies, endorsements, cover notes, and renewal documents within delegated underwriting authority.

Conducts ocular inspections of major risks to validate underwriting information and ensure accurate risk appraisal.

Serves as a technical resource to the Marketing Department on Aviation, Marine Cargo & Hull, Casualty Lines, and Personal Accident insurance, ensuring proper application of underwriting standards and product structures.

Prepares and reviews quotations upon request of the Marketing Department, ensuring accuracy, competitiveness, and adherence to underwriting policies.

Responds promptly to inquiries from clients, agents, and brokers, fostering strong business relationships and delivering high service standards.

Oversees the preparation and monitoring of weekly, monthly, and annual production reports to support performance tracking and management decision-making.

Facilitates technical training programs for agents, brokers, and prospective clients to strengthen product knowledge, underwriting discipline, and business development initiatives.

Develops, implements, and continuously enhances claims guidelines and procedures across all lines of business to ensure consistency, compliance, and operational efficiency.

Oversees and supervises the overall workflow of the Claims Department, ensuring timely processing, effective coordination, and adherence to established service standards.

Reviews and approves claim payments across all lines within delegated authority, ensuring accuracy, fairness, and compliance with company policies.

Evaluates claims exceeding authorized limits and submits well-founded recommendations to Management for final approval.

Conducts in-house training sessions and technical briefings for new agents and company personnel to strengthen claims knowledge, procedural compliance, and service excellence.

• Evaluates and accepts cargo insurance risks within the authorised limits.
• Reviews insurance certificates/policies issued by general agents and service centers.
• Solicits business from existing and new clients – agents/brokers.
• Conducts marine cargo training course for new recruits(agents).

• Verifies accuracy of policy coverage and premium payment of claims.
• Reviews completeness and accuracy of policy requirement and documentation.
• Negotiates with assureds or agents on adjustment of claims settlement.
• Conducts and negotiates bidding on salvage disposal of recovered items.
• Attends and testifies court hearings on claims recovery.

• Assesses reinsurance requirement for marine cargo.
• Prepares necessary information for treaty negotiations.
• Negotiates proposed terms and conditions of treaty, treaty documents and statements for approval.
• Prepares quarterly declarations on the reporting excess of loss treaty.
• Facilitates outward facultative reinsurance placements to different insurance companies(local/foreign).