Coface has announced the appointment of Mr Bhavesh Patel as Country Manager of Coface in India effective from September 1. Mr Patel succeeds Mr Samuel Jesuratnam who has been appointed as Country Manager of Coface in Singapore.
Mr Patel will be based in Mumbai. He will manage the operation and business development of trade credit insurance services business in India.
He has 29 years of experience in non-life insurance across various lines, both broking and underwriting, with specialization in the areas of trade credit & political Risks, financial lines, casualty, aviation & project Insurance.
During his career, he has headed commercial underwriting for the Gerling NCM joint venture with the New India Assurance Company followed by heading Reinsurance operations for ICICI Lombard General Insurance Company and managing the trade credit, liabilities & aviation underwriting and business development for ICICI Lombard.
Before joining Coface, he was Senior Vice President of Marsh India, a member of the Executive Leadership Team, having Management responsibility of FINPRO, crisis & casualty, trade & structured credit, political risks and claims advocacy practices of Marsh India.