Justin Jacobs appointed as Chief Underwriting Officer of Coface South Africa
As part of the Coface global strategy to reinforce the Risk functions due to the unprecedented times we find ourselves in, we are pleased to announce that Justin Jacobs has been appointed as Chief Underwriting Officer for Coface South Africa, effective December 1st, 2020.
Justin brings strong experience to the team and has had a long standing career in the Trade Credit Insurance industry for the last 25 years. Justin will be responsible for the full Underwriting function, heading both the Commercial and Risk Underwriting teams.
Reshika Vallabh will continue to manage the Risk Underwriting Team and we would like to thank her for her outstanding efforts in managing both teams during extremely challenging economic conditions and doing so with much success.
The commitment of the local management team with its seasoned experience in credit insurance remains unwavering, and the executive team remains at your disposal for any queries.
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A contract with both insurance and investment components: (1) It pays off a stated amount upon the death of the insured, and (2) it accumulates a cash value that the policyholder can redeem or borrow against.