Page 21 - OPA 2014
P. 21

Outstanding Professional Award 2014


               Before  working  for  the  Insurance  Commission,          among  his  accomplishments  as  committee  Chairman,
          Commissioner  Dooc  previously  served  the  government  as  a   were his invaluable assistance to the Insurance Commission in
          public school teacher from 1969 to 1979. He taught in the public   the formulation of the Market Conduct guidelines; the drafting
          schools in various capacities as a regular teacher, school head   of the “Expeditious Product approval”; the enactment into law
          of a small elementary school, and Special Education Teacher   of  r.a.  10001  which  rationalized  Premium  and  Documentary
          for the Blind after completing his degree in Special Education   Stamp Taxes for life insurance policies; and most importantly,
          in Teaching the Blind. He was also a volunteer teacher for the   the  drafting  of  the  bill  proposing  the  amendments  to  the
          Negritoes  in  Igang  Valley,  Batobalani,  Paracale,  Camarines   Insurance Code which eventually was enacted and signed into
          Norte and the youth offenders at the Manila Youth reception   law on august 15, 2013.
          Center in arroceros, Manila. He then took his Bachelor of Laws
          at  San  Beda  College  and  passed  the  Bar  examinations  after   During  Commissioner  Dooc’s  first  term,  the  Insurance
          graduating in 1979.  Subsequently, he joined Sycip gorres Velayo   Commission had seen unprecedented growth of the Insurance
          & Co. (SgV& Co.) under its Tax Division.  after leaving SgV in   Industry,  particularly  the  life  sector.  The  total  assets  have
          1983,  he  worked  as  the  assistant  Vice  President  &  assistant   increased from Php554.7 billion to over Php900 billion in 2013.
          Corporate Secretary for the PaIC Savings and Mortgage Bank   From Php80.3 billion total premium income in 2009, it rose to
          for a couple of years.                                     Php200  billion  in  2013.  The  Insurance  Penetration  rate  also
                                                                     increased from 1.02% in 2009 to 1.9% in 2013. The capital build-
               Commissioner Dooc’s vast experience and expertise in the   up  program  was  successfully  carried  out  and  institutionalized
          insurance industry took shape when he started to work for the   in  the  amended  Insurance  Code,  which  further  increased  the
          american International assurance Co. Ltd. (aIa) and served as
          its assistant Vice President of the Claims Department in 1985.
          Barely three (3) years thereafter, he was promoted to the position
          of Vice President for Operations.

               In 1996, Commissioner Dooc transferred to the Philippine
          american  Life  and  general  Insurance  Company  (Philam  Life)
          and served thereas its Senior Vice President & general Counsel.
          In a concurrent capacity, he also served as the company’s Chief
          Compliance and governance Officer.aside from his work at Philam
          Life,  Commissioner  Dooc  was  also  appointed  as  the  Chairman
          of  the  Legislative  and  Legal  Committee  of  the  Philippine  Life   Commissioner Dooc during a consultation hearing with representatives
                                                                       from both life and non-life insurance industries on capitalization.
          Insurance association (PLIa) from 2005 to 2010.















                                                                       Commissioner Dooc as Guest of Honor with (from R-L) Ambassador
                                                                       Antonio Cabangon Chua, Ms. Evelyn Carada and Mr. Arnold Cabangon
                                                                       during the Fortune Life Annual Awards.

















             Commissioner Dooc signing the MOU with Quezon City Mayor Herbert   Commissioner Dooc with AXA Philippines and Metrobank at the ceremonial
             Bautista and QC Council Minority Floor Leader Pinggoy Lagumbay during   ringing of the bell during the NASDAQ stock exchange-themed launch of
             the launching of the microinsurance pilot project.        AXA’s Global Advantage Fund.


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