Export Credit Insurance Corporation of South Africa Soc (ECIC) Revenue
Insurance • 
City of Tshwane, Gauteng, South Africa • 51-100 Employees
Export Credit Insurance Corporation of South Africa Soc (ECIC) revenue & valuation
| Annual revenue | $41,400,000 |
| Revenue per employee | $498,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Insurance industry and current estimated revenues | $132,200,000 |
| Total funding | No funding |
Key Contact at Export Credit Insurance Corporation of South Africa Soc (ECIC)
Vuyelwa Matsiliza
Non Executive Director
Company overview
| Headquarters | 349 Witch Hazel Avenue, Highveld Ext 79, Centurion, Gauteng 0157 , ZA |
| Phone number | +27800203575 |
| Websites | |
| NAICS | 52 |
| SIC | 641 |
| Keywords | • Export Credit Insurance, • Investment Insurance, • Bond Insurance |
| Founded | 2001 |
| Employees | 51-100 |
| Socials |
Export Credit Insurance Corporation of South Africa Soc (ECIC) Email Formats
Export Credit Insurance Corporation of South Africa Soc (ECIC) uses 3 email formats. The most common is {first name}{last name} (e.g., johndoe@ecic.co.za), used 82.5% of the time.
| Format | Example | Percentage |
|---|---|---|
{first name}{last name} | johndoe@ecic.co.za | 82.5% |
{first initial}{last name} | jdoe@ecic.co.za | 15% |
{first initial}{first initial}{first initial} | jjj@ecic.co.za | 2.5% |
About Export Credit Insurance Corporation of South Africa Soc (ECIC)
The Export Credit Insurance Corporation of South Africa (ECIC) was established 20 years ago, in July 2001. The ECIC provides insurance that enables South African exporters to offer their services and products on the international markets, with particular focus on Africa and other emerging markets that are considered too risky by conventional insurers. Its overarching goal – and its mandate from the South African government as its sole shareholder – is to make South African exporters attractive to international buyers to earn foreign income, stimulate economic growth and create jobs. Along with the ECIC’s major shareholder – the Department of Trade and Industry – the ECIC makes use of market research tools and specialised business development units to create new insurance products that support government’s export promotion objectives. The revised performance bond insurance product, which was launched in 2016, is one such example. The ECIC is also able to price African risk more competitively, given its knowledge of the African market. The ECIC addresses obstacles through facilitation and by aiding in the release of funding required for infrastructure, which is of particular concern to global organisations seeking a presence in Africa. Export credit is imperative, considering capital exports are long-dated assets. It is customary for firms to finance such exports with bank debt for cash flow-management purposes. Export credit financing is therefore an important and key aspect of international trade.
Employees by Management Level
Total employees: 51-100
Seniority
Employees
Employees by Department
Export Credit Insurance Corporation of South Africa Soc (ECIC) has 33 employees across 7 departments.
Departments
Number of employees
Funding Data
Export Credit Insurance Corporation of South Africa Soc (ECIC) has never raised funding before.
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