Coface announces two new appointments in its Risk Underwriting practice: Massimo Reale takes on the role of Risk Underwriting Director for the Mediterranean and Africa Region, while Raffaele Giglio joins Coface Italy as Risk Underwriting Director Italy.
The appointments are part of the group’s strategy to strengthen its expertise in credit risk assessment and management, in an international context characterized by geopolitical tensions, economic uncertainty, and market volatility.
The goal is to consolidate the ability to analyze and monitor commercial risks, supporting companies in evaluating counterparties and making strategic decisions.
Massimo Reale, a graduate in Economics and Business, has nearly thirty years of experience in risk management, underwriting, and commercial management.
After starting his career in banking in 1997, he joined Allianz Trade, then Euler Hermes, in 2001, where he held positions of increasing responsibility, including Underwriting Director and Risk Director. In 2017, he took over commercial management for Italy, and in 2020, he was appointed Commercial Director for the Mediterranean Region.
In 2021, he became CEO of Solunion España, a joint venture between Allianz Trade and Mapfre. Since 2025, he has served as Corporate Risk Director of Solunion, with responsibility for risk management in Spain and Latin America.
Raffaele Giglio, a graduate in Business Economics and a Master’s in Finance and Risk Management, brings over twenty years of experience in the insurance sector to Coface Italy, specializing in credit risk assessment.
After initial professional experience in the automotive and energy sectors, at companies such as Q8 and Renault, in 2005 he joined Atradius Italy as an Underwriter, subsequently taking on the role of Team Leader.
His professional career continued with his appointment as Underwriting Manager in 2010 and, in 2014, as Senior Manager Head of Credit Risk Underwriting, consolidating his experience in commercial risk management.
“With these two additions, Coface Mediterranean & Africa Region and Coface Italy are further consolidating their credit risk coverage at the global and national levels, strengthening their managerial skills and market knowledge to support companies in risk management and strategic decision-making in an ever-evolving economic landscape,” said Ernesto De Martinis, CEO of the Mediterranean & Africa Region.
Source: asefibrokers.com
