محمد الصوي

Offering 13 years of rich & qualitative experience with expertise in Motor Insurance Industry
Skilled in leading underwriting activities by reviewing all required information on an account including but not limited
to the application, the proposed pricing of the risk, loss control, and financial condition of the risk
Experience in checking line specific information such as the WC experience modification rating worksheet, individual
motor vehicle records, property insurance to value calculations, evaluation of the currently valued historical loss
information, and web based information available to assist the underwriter in evaluating and pricing the account
Interacted with the Head of Underwriting and Actuary to change the motor rating across the company; spearheaded
overall switch of rating from traditional rating concept to profile based rating and boosted profitability in bottom line
Spearheaded the launch and product creation for HNW clients and supervised launch of HNW proposition to multiple
distribution channels (preferred brokers, banks and direct channels)
Took lead in increasing the wallet share of business via brokers & intermediaries by launching contests on a big scale.
Used new & best practices to achieve business excellence at the lowest overall cost
Presented prompt service regarding all servicing aspects of the program book of business including timely response to
submissions, clear communication when an account does not meet the underwriting parameters established for the
specific program book
Assessed monthly production, claim reports, highlighting positive as well as negative trends on a monthly basis in
terms of production and profitability
Evaluated the loss potential due to catastrophe, severity, and/or frequency
Built Retention Unit from scratch in 2013 -14 and ensured 75% plus retention rates on direct channels
Improved new business growth in e-commerce channel for both direct and online aggregators; production
increased by 100% in 3 years- provided them inputs on designing the front-end system ensuring accuracy in
motor rate
Built the technical maturity of the Motor Business, by providing advice and support on motor product strategy,
product development, pricing and reporting best practices
Ensured sustainability and growth in the portfolio through prudent risk assessment and underwriting measures
Worked with Dubai Police, Road and Transport Authority & Insurance Authority

Motor Underwriting
April 2006 to April 2008
Philadelphia Insurance Company - Amman
• Producing and adjusting issuance policies with two different kinds( third party, Own Damage).
• co
• Coordinating with motor claims, Reinsurance, finance department.
• Prepare a variety of status report, including activity, closing, follow-up and adherence to goals.
• Follow up on new leads and referrals resulting from field activity.