A worldwide leader
As the world’s leading credit insurer, Coface helps companies to protect them against overdue items.
THE 4 PILLARS OF COFACE
- The expertise of commercial risks
- Protection against risk of non-payment
- Securing sales worldwide
- Financial strength
The Group contributes to the good functioning and sustainable businesses development of all sizes, and also to the dissemination of trust between economic actors in the countries where these companies and their customers are located.
OUR EXPERTISE IS BASED ON FOUR PILLARS :
1- The expertise of commercial risks
Present in nearly 200 countries, Coface is one of the leader in credit insurance and a recognized expert in commercial risks. Our experts daily secure sales and activity of 50.000 companies.
2- Protection against risk of non-payment
80% of companies are facing arrears, which cause a quarter of bankruptcies. One of the first missions of Coface experts is to protect companies against these arrears that may undermine their business and threaten their existence.
3- Securing sales worldwide
More and more international, Coface Group is organized to support the development of businesses around the world with a proximity increasing. Every day, around the world, 350 risk underwriters make 10.000 decisions guarantees.
4- Financial strength
Rated AA-by Fitch and A2 by Moody's with a stable outlook in both cases, Coface has the financial strength necessary to carry out its activity as an insurer. These positive assessments by the two ratings agencies are based on three key drivers: Coface’s strong competitive position in the global credit insurance market; a robust Group solvency and proactive management of Coface’s risks (founded on efficient procedures and tools). Listed on the Euronext Market in 2014, Natixis (bank financing, management and services arm of BPCE, the second French banking group) is a majority shareholder.