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AGCS Africa appoints Senior Liability Underwriter

Published

2017

Tue

16

May

 

 

 

 

 

Catia Folgore, Senior Liability Underwriter
AGCS Africa


 

 

 

 

Johannesburg: Allianz Global Corporate & Specialty (AGCS) Africa appointed Catia Folgore as Senior Liability Underwriter effective May 1, 2017. In addition to her focus on the general liability portfolio, she will grow the crisis management solutions which include product contamination and product recall insurance as well as terrorism and political violence coverage.

Catia has over 27 years of experience in accident and health, claims, crisis management, and PTS business, as well as liability insurance. “We are confident that Catia’s expertise, track record and network will enable us to expand our crisis management solutions and contribute to growth of other areas within Liability,” said AGCS Africa Liability Team Leader Storm Canham.

 
Source: Allianz Global Corporate & Specialty South Africa Ltd
 
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From The Glossary »

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Surrender Value:

The surrender value of a policy is the value that the assurer is prepared to pay out to the policyholder on early termination of the policy contract. Penalties are associated with early termination of the contract, which are designed to encourage the policyholder to honour the terms of the contract until maturity, reduce the amount paid out on early surrender to below the actual intrinsic fund value of the policy. In addition termination of the contract ...
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