Summary
Overview
Work History
Education
Skills
Certification
Personal Information
Personal Information
Languages
Timeline
Generic
Elbadawi Abbas Mohamed Elfadil

Elbadawi Abbas Mohamed Elfadil

Mobile phone Oman 96877308553
Al buraimi,Oman

Summary

To present personal data, educational qualifications and experience related to General Insurance, Reinsurance and Oil and Gas Insurance.

Overview

32
32
years of professional experience
1
1
years of post-secondary education
1
1
Certification

Work History

SH, Insurance, Tax&Fixed Assey

Petro-Energy Operating Co.
Khartoum , Sudan
08.2017 - Current

Same job didcribtion and responsibilities of Petrodar Operating Co. in addition to Tax and Asset responsibilities.

Insurance operations specialist

Staroil Operating Co
Khartoum , Sudan
08.2012 - 07.2017

Same job didcribtion and responsibilities of (PDOC) Petrodar Operating Co.

Insurance Specialist

Petrodar Operating Company (PDOC)
Khartoum , Sudan
08.2007 - 06.2012
  • Company Overview: The Company is a Consortium of five partners, China National Petroleum Company (China), Althani (UAE), Sinopec (China), Petronas (Malaysia), and Sudapet (Sudan)
  • The partners entered into an agreement with the Government of Sudan for Oil production and Export, and set up a company with the name of Petrodar Operating Company
  • PDOC is consigned to operate blocks 3 & 7
  • The Company is therefore a multi-national company and operates in such a way that each partner seconded expatriates staff from the Mother Company; it is a true multi-national joint venture
  • All works, contacts and communications in English Language
  • The company actually started commercial production on June 2006 in a bulk of 200,000 barrels of oil per day
  • Identification of risk exposures for the company (Discovering them by looking at the past frequency & severity of their perils i.e
  • Accidents, mortality & disability, fire, explosion & others energy risk exposures)
  • Arrange Insurance pre-risk survey by inviting professional ins
  • Surveyors (in case of astronomic or complicated projects) in addition to normal insurance survey which we do on yearly basis
  • Prepare and design insurance budget (Includes various procedures) collection of information from concerned Dept
  • Assess the company need for Insurance coverage
  • Handles procedures for processing of Renewal of insurance policies (various procedures) (Energy, Motor, Tactful, Personal Accidents) for the Company
  • Includes drafting letters to pursue quotations from local and international insurance companies and Brokers, preparing and participating in setting up invitations to tender for new policies, comparing the terms of various offers and recommending acceptance of best offer for review by supervisor and further processing for approval and participating in negotiations with insurance companies regarding terms, rates and conditions
  • Receive underwriting & claims reports from insurance companies, analyse them and calculate average cost and burning cost as good indicators for evaluation of our business risk whether good or bad, which help us to request premium reduction during the renewal time namely in the case of contract extension
  • Assess the Level of risk exposures
  • Immediate loss notification to the insurance companies
  • Technical follow up for claims with Ins
  • Company including office and maintenance workshop on daily basis and Control loss by applying the different procedures to ensure that loss is minimized and compliance with the ITB terms & conditions
  • Prepare and issue the payment for insurance debit notes, dispatch and trace them, send the cheque to ins
  • Co, which we arrange on monthly basis
  • Discuss and negotiate terms, conditions and rates with the International Insurance Broker
  • Arrange and carry out meetings with local lead Co-insurer for policy issuance in local Market for the best way of local Market participation and development of Sudanese Energy Insurance Market as well as negotiation of the fronting costs
  • The Company is a Consortium of five partners, China National Petroleum Company (China), Althani (UAE), Sinopec (China), Petronas (Malaysia), and Sudapet (Sudan)
  • The partners entered into an agreement with the Government of Sudan for Oil production and Export, and set up a company with the name of Petrodar Operating Company
  • PDOC is consigned to operate blocks 3 & 7
  • The Company is therefore a multi-national company and operates in such a way that each partner seconded expatriates staff from the Mother Company; it is a true multi-national joint venture
  • All works, contacts and communications in English Language
  • The company actually started commercial production on June 2006 in a bulk of 200,000 barrels of oil per day

Underwriting Manager, Medical Insurance Dept.

Sheikan Insurance & Reinsurance Company
01.2003 - 01.2007
  • Company Overview: The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
  • The major clients used to underwrite insurance in Sheikan are eg
  • Sudan Air, Duty Free Shops, Kenana Sugar Factory, Various Ministries, Gezira Scheme, Refineries, GNPOC, PDOC….etc
  • Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
  • The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
  • The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
  • Prepare and design plans of different coverage
  • Design software programme of underwriting
  • Process marketing by many methods i.e
  • Presentation & orientation
  • Evaluate different types of treaties both inward, outward and home treaties
  • Increased volume of business (more than 50 companies)
  • Introduce new coverage and promote the existing
  • Design software reports, loss ratio, burning cost and alike
  • Prepare and issue medical contract from technical viewpoint
  • Issue various medical coverage eg
  • Optical, dental and maternity
  • The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
  • The major clients used to underwrite insurance in Sheikan are eg
  • Sudan Air, Duty Free Shops, Kenana Sugar Factory, Various Ministries, Gezira Scheme, Refineries, GNPOC, PDOC….etc
  • Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
  • The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
  • The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten

Section Head, Non Motor Claims Dept.

Sheikan Insurance & Reinsurance Company
01.1998 - 01.2002
  • Company Overview: The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
  • The major clients used to underwrite insurance in Sheikan are eg
  • Sudan Air, Duty Free Shops, Kenana Sugar Factory, Various Ministries, Gezira Scheme, Refineries, GNPOC, PDOC….etc
  • Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
  • The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
  • The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
  • Survey small and medium claims and approve for settlement
  • Contact and invite International Risks Surveyors and Loss adjusters for sizable losses using terms and conditions of insurance treaties agreed and then recommend accordingly
  • Discuss and negotiate claims with Insureds applying all claims clauses
  • Approve claims according to the workability
  • The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
  • The major clients used to underwrite insurance in Sheikan are eg
  • Sudan Air, Duty Free Shops, Kenana Sugar Factory, Various Ministries, Gezira Scheme, Refineries, GNPOC, PDOC….etc
  • Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
  • The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
  • The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten

Investment Dept.

Sheikan Insurance & Reinsurance Company
01.1996 - 01.1997
  • Company Overview: The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
  • The major clients used to underwrite insurance in Sheikan are eg
  • Sudan Air, Duty Free Shops, Kenana Sugar Factory, Various Ministries, Gezira Scheme, Refineries, GNPOC, PDOC….etc
  • Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
  • The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
  • The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
  • Prepare and design investment plan
  • Handle and execute investment transactions like Murabha, Musharaka, Mudaraba
  • Follow up the implementation of investment transaction and guarantees
  • The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
  • The major clients used to underwrite insurance in Sheikan are eg
  • Sudan Air, Duty Free Shops, Kenana Sugar Factory, Various Ministries, Gezira Scheme, Refineries, GNPOC, PDOC….etc
  • Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
  • The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
  • The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten

Investment Section

Faisal Islamic Bank
01.1993 - 01.1995
  • Having experience of the following: Investment section, both commercial and project, Current account, Saving account, Investment account

Education

B Sc. - Economics and political science

University of Khartoum
Sudan
02.1991

Skills

  • Computer knowledge
  • Microsoft Word
  • Microsoft Excel
  • PowerPoint
  • Microsoft Outlook

Certification

CII Member, Chartered Insurance Institute British

Personal Information

  • Investment Training, Faisal Islamic Bank Training Centre, 07/14/93 - 07/23/93, 02/16/94 - 02/24/94
  • Insurance Principles, Higher Institute for Banking & Financial Studies, 05/15/99 - 05/27/99
  • Marine Insurance, Higher Institute for Banking & Financial Studies, 05/29/99 - 06/08/99
  • Properties Insurance, Higher Institute for Banking & Financial Studies, 06/10/99 - 06/24/99
  • Motor & Personal Accidents, Higher Institute for Banking & Financial Studies, 06/26/99 - 07/08/99
  • Aviation Insurance, Higher Institute for Banking & Financial Studies, 07/10/99 - 07/15/99
  • Life Insurance, Higher Institute for Banking & Financial Studies, 07/17/99 - 07/22/99
  • Fire Insurance, Sheikan Insurance Centre, 10/05/97 - 10/16/97
  • Reinsurance Seminar, Kenya Re & J.B Boda, 04/24/01 - 04/26/01
  • Technical Aspects of Marine Insurance, Arab Academy, 11/03/01 - 11/07/01
  • Health Insurance, Arab Academy for Banking and Financial Sciences, 04/14/04 - 04/18/04
  • Medical Insurance System, Eskadenia Software Solutions, 06/29/03 - 07/07/03
  • 2nd Asian Conference on Takaful Insurance, 03/26/07 - 03/27/07
  • Energy Insurance & Risk Management Training Course, JLT Academy, 06/29/09 - 07/10/09
  • 3rd Asian Life Insurance Summit, 05/06/10 - 05/07/10
  • 11th Conference on Bancassurance & Alternative Distribution Channels, 05/04/10 - 05/05/10

Personal Information

  • Date of birth: 01/01/66
  • Marital status: Married with two kids

Languages

English
Upper intermediate
B2
Arabic
Upper intermediate
B2

Timeline

SH, Insurance, Tax&Fixed Assey

Petro-Energy Operating Co.
08.2017 - Current

Insurance operations specialist

Staroil Operating Co
08.2012 - 07.2017

Insurance Specialist

Petrodar Operating Company (PDOC)
08.2007 - 06.2012

Underwriting Manager, Medical Insurance Dept.

Sheikan Insurance & Reinsurance Company
01.2003 - 01.2007

Section Head, Non Motor Claims Dept.

Sheikan Insurance & Reinsurance Company
01.1998 - 01.2002

Investment Dept.

Sheikan Insurance & Reinsurance Company
01.1996 - 01.1997

Investment Section

Faisal Islamic Bank
01.1993 - 01.1995

B Sc. - Economics and political science

University of Khartoum
Elbadawi Abbas Mohamed ElfadilMobile phone Oman 96877308553