Allianz Global Corporate & Specialty Africa (AGCS Africa) has strengthened its local team further by making four key new appointments since the beginning of the year to broaden its expertise across the company’s African portfolio.
As the African economy continues to grow, AGCS Africa is laying further foundations to expand its footprint and offer its clients the technical underwriting skills and products needed during Africa’s rapid economic expansion. The appointments are:
– Graham Smith has joined the team as a Senior Marine Underwriter. Previously from Aon his role incorporated management support and new business development within the Specialty Division which encompassed Marine, Aviation, Trade Credit and Energy.
– Alasdair Walker has been appointed as Energy Underwriter in South Africa. His previous role was Business Strategy Analyst / Executive Assistant within the AGCS CUO Energy team, based in Europe.
– Leuba Modiba has joined the company as Engineering Underwriter. Mr Modiba’s extensive experience of the African engineering sector was gained from his previous role as a Senior Underwriter at AIG.
– Rob Ter Morshuizen has been appointed as a Risk Engineer. He previously held a similar role at AIG, working with many of South Africa’s bluechip brands and has a wealth of experience of various sectors such as brewing, telecommunications and retail.
Background
AGCS is not just focussing on SA but is keen to expand throughout the continent, particularly Sub-Saharan Africa. The Sub-Saharan economic area is forecast to grow by more than 5% over this year. The growth trend is expected to continue given the region’s economic potential, requirements for infrastructure development and particularly its richness in natural resources.
Delphine Maidou CEO of AGCS Africa comments: “We are seeing large growth in engineering and construction industries across Africa. As part of this expansion, there has been an increase in marine through the need to move equipment to support these projects. This is linked to the fact that the economic outlook for Sub-Saharan Africa is much better than elsewhere in the world. The appointments we have made reflect this. We want to offer our clients the knowledge and expertise on the ground as they have grown to expect from our offices globally. As Africa is set to grow, we will grow with it and be there for those who need us.”
