3
COFACE, AN EXPERT IN COMMERCIAL RISKS AT THE SERVICE OF YOUR GLOBAL NETWORK A global presence With its unparalleled international network, Coface is able to deliver credit insurance solutions in 95 countries worldwide, either directly (in 66 coun- tries) or through local partnerships. Coface is also market leader in emer- ging markets. A sound financial structure Coface is backed by a stable core of highly rated, strong and supportive reinsurers. Coface has a sound capital base, which has been further boosted by its recent results. The ratings assigned to Coface by Fitch and by Moody’s have been confirmed, and reflects Coface's solid competitive position in the worldwide credit insurance market. Coface is rated AA- with a stable outlook by Fitch and A2 with a stable outlook by Moody’s. A strong expertise Coface is acclaimed as providing strong protection of your trade receivables. Coface has developed a powerful loss prevention model based on a number of strengths including: • A wide network of information sources. • In-house capabilities to produce enhanced information throughout the world. • 350 risk underwriters, advanced models to capture macro-environmental factors (e.g. country risk, industry developments per sector). • Actuarial monitoring of the entire process. TRADE RISK COVER FOR MULTINATIONAL BUSINESS Coface Global Solutions • Global view and a customized approach to your business • Global quality standards across our whole organization • Global aligned organization serving your needs locally • Global approach and in-depth local knowledge COFACE GLOBAL SOLUTIONS

Coface - TRADE RISK COVER FOR MULTINATIONAL ......position in the worldwide credit insurance market. Coface is rated AA- with a stable outlook by Fitch and A2 with a stable outlook

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Coface - TRADE RISK COVER FOR MULTINATIONAL ......position in the worldwide credit insurance market. Coface is rated AA- with a stable outlook by Fitch and A2 with a stable outlook

COFACE, AN EXPERT IN COMMERCIAL RISKS ATTHE SERVICE OF YOURGLOBAL NETWORK

A global presence

With its unparalleled international network, Coface is able to deliver creditinsurance solutions in 95 countriesworldwide, either directly (in 66 coun-tries) or through local partnerships.Coface is also market leader in emer-ging markets.

A sound financial structure

Coface is backed by a stable core ofhighly rated, strong and supportivereinsurers. Coface has a sound capitalbase, which has been further boostedby its recent results.

The ratings assigned to Coface by Fitchand by Moody’s have been confirmed,and reflects Coface's solid competitive

position in the worldwide credit insurance market. Cofaceis rated AA- with a stable outlook by Fitch and A2 with a stable outlook by Moody’s.

A strong expertise

Coface is acclaimed as providing strong protection ofyour trade receivables. Coface has developed a powerfulloss prevention model based on a number of strengthsincluding:

• A wide network of information sources.

• In-house capabilities to produce enhanced informationthroughout the world.

• 350 risk underwriters, advanced models to capturemacro-environmental factors (e.g. country risk, industrydevelopments per sector).

• Actuarial monitoring of the entire process.

TRADE RISK COVER FORMULTINATIONAL BUSINESS

Coface Global Solutions

• Global view and a customized approach

to your business

• Global quality standards across our whole

organization

• Global aligned organization serving

your needs locally

• Global approach and in-depth local

knowledge

COFACE GLOBAL SOLUTIONS

Page 2: Coface - TRADE RISK COVER FOR MULTINATIONAL ......position in the worldwide credit insurance market. Coface is rated AA- with a stable outlook by Fitch and A2 with a stable outlook

We operate through 7 regions. In eachregion, local dedicated teams of highlyqualified international experts are incharge of steering CGS operations intheir region. All Coface entities andpartners contribute to CGS programs,based on the highest customer seg-mentation criteria.

BESPOKE SOLUTIONS

CGS has developed a series of contractsand services designed to provide youwith the most appropriate solutionto meet each of your needs.

Our approach is both centralizedand multi-country.

• We help you in structuring the con-tracts and services required by yoursubsidiaries, and putting in place aMaster Agreement if needed, alongwith dedicated systems in order toensure consistency.

• You design the best solution withyour Program Leader, and we willtake care of full implementation in allcountries.

CGS has experience with existingcustomers in many different types of insurance programs (e.g. securi-tisation, captives, off-balance-sheetfinancing and more).

HOW CAN CGS BENEFIT YOUR BUSINESS?

• We provide you with the highest standard of serviceyou would expect from a world-class credit insurerwith long standing experience in international tradecredit.

• Enhanced global credit management organizationand strategy.

• Local implementation supported by our high levelof integration.

• Our local expertise enables us to detect potentiallocal needs that deserve your attention.

• Co-operating with your Program Leader helps torationalise credit management procedures.

• We provide you with a new information flow thatwill improve visibility and control over your localoperations.

We work for you centrally with key managementfunctions including Program Director, Program RiskManager and Program Servicing Manager; while alsoworking locally with operational functions includingAccount Manager, Risk Underwriting contact andClaims contact.

COFACE GLOBAL SOLUTIONS

© Loungepark/Getty Images - © sinuswelle/Fotolia

CONTACT [email protected]

www.coface.com

Coface Global Solutions (CGS) is theorganization serving Coface’s largemultinational customers and was setup because this market segmentrequires flexibility, excellent servicelevels, international awareness anddedication.

Many of the world's largest companies already insure with Coface thanks to its unparalleled global network.

Page 3: Coface - TRADE RISK COVER FOR MULTINATIONAL ......position in the worldwide credit insurance market. Coface is rated AA- with a stable outlook by Fitch and A2 with a stable outlook

WHAT IS THE CGS DASHBOARD?

The CGS Dashboard helps you capturethe full implication of the trade receiv-ables in your balance sheet. It displaysa detailed analysis of your credit risk, ithelps recognise trends and providesexplanations. In addition to this, itgreatly facilitates the management ofyour credit insurance program whileallowing you to check the level of risktransfer and more generally obtainclear visibility over the quality wedeliver to each of your subsidiaries.

ADDED VALUE FROM THE CGS DASHBOARD

• Easy access to lists of buyers in order to see the detailsbehind each screen display.

• Historical comparisons with previous months and years.

• The ability to create comparative views (betweenregions, divisions, subsidiaries).

• Identification of aggregate risk exposures on buyersbelonging to the same group.

• Creation of key indicators to support your planningprocess (e.g. target setting, measurement, control).

• Complete files download.

DASHBOARD

Coface Global Solutions (CGS) Dashboard

• The tool that provides you the detailed insight

to manage and control your global trade

credit risk

• The tool that helps you to focus where

it matters most

COFACE GLOBAL SOLUTIONS

CONTACT [email protected]

www.coface.com © H

ybrid Im

ages/

Gett

y Im

ages