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Best trade credit insurer in Asia Pacific

By COFACE AU · October 05, 2016

Best Trade Credit Insurer in Asia Pacific <span>&copy; COFACE </span>

Best Trade Credit Insurer in Asia Pacific


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Coface is awarded ‘Best trade credit insurer in Asia Pacific’ in 2016 by GTR, marking the second time the firm has won this award. GTR is the world’s leading news source, publisher and event organiser for the global trade, commodity, export and supply chain finance industries, with offices in London, Hong Kong and Singapore.

The GTR Asia Leaders in Trade Awards registered record numbers of corporate votes this year, showing clients’ support for their local banks, insurers, law firms, ECAs and alternative finance providers.

"It is the second time we receive the similar award in Asia Pacific Region this year. We are proud that our services to Asia Pacific are being recognized again, particularly as more companies use trade credit channel to manage their business growth",  said Fabien Conderanne, CEO of Coface Singapore.

As the world’s leading credit insurer, Coface continues to develop new markets and innovative products to aim at the evolving credit insurance needs of all sizes of companies in Asia Pacific. Coface has direct presence in 13 markets in the Asia Pacific region today and serving our clients with professional local services for almost 20 years in the region.


About COFACE

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 99 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 340 underwriters located close to clients and their debtors.
In France, Coface manages export public guarantees on behalf of the French State.


In Australia, Coface has been advising and supporting companies through the process of providing security and management of their domestic and export trade receivables since 2000.


WHAT IS CREDIT INSURANCE?
Credit Insurance is an effective financial risk management tool that safeguards your company against losses sustained arising from non-payment of trade related debts. Credit insurance ensures that your company is not adversely affected by the unforeseen failure or late payment of one or more of your customers; it is also a tool to help you manage your risks.

Coface credit insurance products offer three essential benefits, ensuring the credit you grant to your customers is managed effectively:

  • Prevention of bad debts
  • Collection of unpaid invoices
  • Cash-flow replacement

www.coface.com.au | 02 8235 8600 | au_info@coface.com

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