QBE appoints Ronak Shah as CEO of Wholesale Markets Asia
- May 20, 2025
- Posted by: Saumya Jain
- Category: Insurance
Australian insurer QBE has appointed Ronak Shah in the newly created role as Chief Executive Officer (CEO) of Wholesale Markets Asia, based in Singapore, effective March 1st, 2025.
The insurer stated that this newly added position underscores its commitment to strengthening its facultative reinsurance business across Asia.
In the new role, Shah will drive QBE’s Asia wholesale strategy, leveraging the firm’s underwriting expertise, deep market knowledge, and strong global network to craft agile and effective solutions for clients.
In the meantime, he will continue serving as CEO of QBE Insurance Singapore until his successor is appointed to ensure a smooth transition.
The Wholesale Markets business will focus on delivering tailored industry propositions to in-market insurers, leveraging QBE’s established leadership in complex and specialty lines.
Shah is a committee member for the Financial Sector Tripartite Committee (FSTC), a tripartite collaboration by the Monetary Authority of Singapore (MAS), the National Trades Union Congress (NTUC), labour unions and financial institutions.
He is also a member of the Board of Governors of Singapore College of Insurance, ASEAN Insurance Council, IBFSG – The Institute of Banking & Finance Singapore, East Asian Insurance Congress, and the President of GIA.
Shah has spent over seven years at QBE Asia. Before his stint as CEO, he was the Regional Head, Financial & Professional and Casualty Lines, Asia Pacific at QBE Insurance.
His other roles have included serving as the Regional Director for Financial Lines Group at Asia JLT Group, Vice President, Direct and Facultative at Allied World Assurance Company and Deputy Head of Asia, Financial, Executive and Professional Risks/M&A for Willis.
He was the Vice President of FINPRO at Marsh from 1999 to 2006 in USA and Singapore.
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