IBF Awards

Biography

Ronak is a seasoned insurance leader with more than two decades of experience across Asia and North America. He is the CEO of QBE Wholesale Markets Asia and QBE Insurance (Singapore), where he drives growth in specialty and reinsurance markets while leading QBE Singapore, one of the country’s most established general insurers. Under his leadership, QBE Singapore has strengthened its market presence, embraced digital transformation, and built a culture focused on innovation and customer trust.

Beyond his corporate role, Ronak plays an active part in shaping the future of Singapore’s financial sector. As President of the General Insurance Association of Singapore (GIA), he has championed initiatives to improve industry resilience, enhance consumer trust, and prepare the workforce for the future. The team at GIA has also led Singapore’s successful bid to host the International Union of Marine Insurance (IUMI) 2025 conference, a milestone that reinforces Singapore’s global standing as a hub for marine insurance.

Ronak’s contributions extend across the region and industry. He serves on the Executive Board of the East Asian Insurance Congress (EAIC) and the ASEAN Insurance Council, promoting collaboration and talent development across markets. He is also a Council Member of the Institute of Banking and Finance (IBF), a Member of the Financial Sector Tripartite Committee (FSTC), and a Governor at the Singapore College of Insurance (SCI). Through these roles, he has helped shape national skills standards, workforce transformation strategies, and professional training programmes that will equip the next generation of insurance professionals.

Known for his thought leadership, Ronak is a frequent speaker at industry forums and conferences, where he shares insights on sustainability, resilience, and innovation. His career journey includes senior roles with leading brokers and insurers such as Marsh, Willis, JLT and Allied World, giving him deep expertise in broking, underwriting and specialty risk solutions.

Passionate about people and progress, Ronak believes in the power of collaboration, continuous learning, and building future-ready talent. His contributions to both business and industry reflect a clear vision: to ensure insurance remains relevant, trusted, and positioned to serve society for the long term.