Power Generation Insurance - A Masterclass on Technical Aspects, Underwriting and Claims Management

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Marcel Omar Papp is the Head of Retakaful at Swiss Re Malaysia
Branch since 2009.

He was a member of the Management Committee of the Malaysian Takaful Association (MTA) from 2017 - 2023, and is a representative of the MTA in the Joint Committee on Climate Change (JC3) and a representative of the General Insurance Association of Malaysia (PIAM) in the Malaysian Sustainable Finance Initiative (MSFI).

Marcel Omar came to Swiss Re Malaysia branch in February 2009
with the responsibility to set up and head the Retakaful operations, which has since become the global centre for Swiss Re's Family and General Retakaful business leading the development of the firm's Islamic Reinsurance business, products and processes worldwide.

Under his leadership, Swiss Re Retakaful has become a market leader in Southeast Asia and has won several 'Best Retakaful operation' awards.

Prior to moving to Malaysia, Marcel Omar was based in Hong Kong and Singapore for ten years in various underwriting roles, including head of the Casualty Treaty Desk and Product Manager Casualty for Asia.

He started his career in insurance almost 30 years ago as a claims
broker in the London market working for Willis. He then moved to Union Re (Zurich) working in Client Market and Underwriting functions before joining Swiss Re in 1998.

Marcel Omar holds a Master of Arts (Business Administration) from the University of Zurich (Switzerland) and is an Associate of the Chartered Insurance Institute (A.C.I.I.) of London.

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Titus is an energy and power generation industry professional with about 30 years experience, having started out in the onshore petrochemical design and construction industry with Japanese and French EPC contractors in the 1990s.

He subsequently moved to the power generation industry as a Gas Turbine Commissioning Engineer and after a few years of starting up power plants in various ‘lonely planet’ spots of the world, was made responsible for leading a large team of multi-discipline commissioning engineers for Alstom Power, in Asia Pacific.

Titus joined the insurance industry as a Risk Engineer in the Energy and PowerGen business in 2007. Ten years later, he decided to tweak his career again, but this time within Chubb and moved to the world of underwriting.

He is currently the Head of Power Generation for Chubb in Asia and is responsible for the underwriting of the Operational Power Generation portfolio for the region.

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Ben holds a Masters Degree (Honours) in Chemical Engineering from the University of Bath. Ben commenced his loss adjusting career in London in 2017. He subsequently moved to Singapore in 2020 and joined Lloyd Warwick in 2021. During this time, Ben has successfully managed a diverse portfolio of construction and operational claims in the upstream (onshore and offshore), downstream (refining and petrochemicals), renewable and conventional power industries.

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Jun is the Country Lead, Engineering in QBE Insurance Singapore, specialized in large infrastructure constructions and power and renewables operational risks. Jun is responsible for managing the Engineering portfolios in Asia region and delivers professional services and solutions to clients.


Jun has mechanical engineering background and began his career as an engineering in a power industry. He has various underwriting experience in a leading underwriting companies like Munich Re and Zurich as a senior position and responsible for portfolio and risk management, risk engineering, clients training, workshop and so on.

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Since 1 April 2023, Sean Chou assumed the position of Marsh McLennan Malaysia’s Chief Executive Officer. Sean is responsible for managing the
organisation’s growth while ensuring the delivery of Marsh McLennan Malaysia’s wide range of professional services and advisory solutions to
clients of all sizes across Malaysia.

EXPERIENCE
Sean brings with him a wealth of industry experience, both locally and internationally. Prior to joining Marsh, Sean was the Principal Officer and General Manager for the Asia region for a renowned local insurance broker. In addition to his role as the head of the company, he was also responsible for the development and servicing of a wide array of client portfolios involving high profile national projects, providing consulting to a global wholesale property and large-scale projects in Asian region. Sean was also involved in providing technical assistance to
the parent company.

Sean began his career at Marsh Malaysia in 2007 as Head of Business Development and served as Marsh Malaysia’s Specialty Leader and Deputy CEO. In his previous role as Deputy CEO, he works with his senior team to provide strategic client service delivery, insurance market liaison, risk management, and product development, delivering the full local and global resources of Marsh to clients.

EDUCATION
Bachelor Science Degree in Business Computing and Bachelor of Arts degree in Administrative Studies.

AFFILIATIONS / PROFESSIONAL CERTIFICATIONS
Joint Chairperson, Hydro; Independent Power Producers Forum

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Nicholas Sykes is a Partner at Clyde & Co’s energy insurance practices, specialising in large scale power, oil & gas and renewables insurance claims.

Nicholas brings unrivalled claims experience and thought leadership to local, regional and international markets. He has advised on a diverse range of renewable projects, both offshore and onshore and also has a leading practice in renewable energy insurance.

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Brendan joined QBE in May 2017 at the Asia Pacific Head of Engineering. He has since taken on the additional role of Regional Head of Property role. Before moving to Singapore. Prior to insurance, Brendan worked in various industries including petrochemical, industrial and real estate. He is a Fellow of the Chartered Insurance Institute (CII) and the Australia New Zealand Institute of Insurance and Finance (ANZIIF), Chairperson of the GIA Singapore Construction & Engineering Committee, and the IMIA representative for Asia.

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