Price Forbes today announces three appointments – Alvin Dye, Paul Jacobs, and Kagiso Sephiphi – to its newly formed construction team in South Africa, with immediate effect.
The appointments form part of a joint venture with Price Forbes’ London construction team, structured around three areas of focus: a retail offering serving Africa-centric clients across the continent; outward wholesale placement with the South African team working in partnership with London to access global markets; and a reverse flow of business, whereby London’s international construction clients with African project exposure can be supported on the ground by the South Africa team.
Alvin Dye joins as head of construction and will report directly to Kenny Thorpe, Chairman of Price Forbes South Africa. He has almost three decades of industry experience and has held senior roles at major broking firms including Regional Practice Head at Marsh, and Head of Construction at Willis SA. He will be responsible for growing the construction practice and ensuring the team builds an excellent offering for Price Forbes’ clients in Africa and around the world.
Paul Jacobs joins as Account Executive. He brings over 40 years of experience across the construction and engineering markets, having held roles at firms including Willis, Marsh, and Alex Forbes. He will be responsible for developing local and international business within the construction practice, contributing to the growth of Price Forbes’ specialist capabilities in South Africa.
Kagiso Sephiphi joins as Junior Account Executive. He brings a decade of construction insurance experience to the role, having progressed through broking roles at both Marsh and Willis South Africa, where he developed deep expertise in risk management solutions for complex construction projects. He will focus on technical broking within the construction practice, with a view to expanding into renewable energy as the team grows.
Thorpe said: “We are delighted to be launching this new offering, and I have faith in Alvin and his team to deliver exceptional results. Combining local capability with the strength of our London partnership puts us in a strong position to deliver for clients across the continent and beyond.”
Dye added: “This is an exciting moment for Price Forbes in South Africa. We have assembled a team with deep specialist expertise and a clear vision for what we want to build. We have real appetite and I’m looking forward to seeing how we grow.”