COMPAGNIE FRANCAISE D’ASSURANCE POUR LE COMMERCE EXTERIEUR (COFACE)

Activity

The Coface Group, a worldwide leader in credit insurance, offers companies around the globe solutions to protect them against the risk of financial default of their clients, both on the domestic market and for export. In 2015, the Group, supported by its 4,500 staff, posted a consolidated turnover of €1.490 billion. Present directly or indirectly in 100 countries, it secures transactions of 40,000 companies in more than 200 countries. Each quarter, Coface publishes its assessments of country risk for 160 countries, based on its unique knowledge of companies’ payment behaviour and on the expertise of its 660 underwriters and credit analysts located close to clients and their debtors. In France, Coface manages export public guarantees on behalf of the French State.

Coface was established in Singapore as a representative office in 1995 and obtained a credit insurance licence from the Monetary Authority of Singapore (MAS) to operate as a branch office in 2002. Coface offers whole turnover, single and political risk insurance, providing a comprehensive cover for both commercial and political risks. Coface in Singapore also participates in various government schemes to support Singapore companies.

Since 2004, Coface is the lead underwriter of the Loan Insurance Scheme (LIS). Coface has been participating since 2011 in the Trade Credit Insurance Scheme (TCIS) introduced by the International Enterprise (IE) Singapore.

16 Collyer Quay #25-00
SINGAPORE 049318


godaddy vs fatcow