Coface launches API Portal, a new digital platform dedicated to API solutions
This new digital platform, designed by Coface, provides its customers and distribution partners with a full range of APIs (Application Programming Interfaces).
Coface news, economic updates, and business insights
Risk Dashboard
Navigate uncertainty with Coface's global risk assessments covering more than 160 countries and 13 sectors.
Corporate news
Coface North America names Mark Jomaa chief operating officer and Jaqui Jooste country manager, Canada
Toronto, Canada, August 1, 2023 – Coface announced today Mark Jomaa has been appointed Chief Operating Officer for the North America region and Jacqui Jooste as Country Manager, Canada.
Appointment of Benoît Urbin as Coface Country Manager for the United Kindgom and Ireland
Coface is pleased to announce the appointment of Benoît Urbin as Country Manager for the United Kingdom & Ireland.
Coface and Credit Agricole sign a distribution agreement to accompany corporates in their international development
With this agreement, Crédit Agricole will be able to distribute Coface’s credit insurance products to its corporate clients that are involved in international trade and willing to secure their treasury.
"Debt against nature": Coface provides reinsurance in largest deal in history!
Ecuador, a country rich in biodiversity, has signed an agreement to reduce its debt while allocating several hundred million dollars to the marine conservation of the Galapagos Islands.
Risk Dashboard
Navigate uncertainty with Coface's global risk assessments covering more than 160 countries and 13 sectors.
Coface launches Alyx, a new all-in-one credit management platform
Coface announces the launch of a new digital trade credit risk management platform for its policyholders. Named Alyx, it allows Coface's customers to automate and centralize their credit risk management from lead to cash.
Coface pledges to shrink its carbon footprint
Coface has set clear social and environmental responsibility (CSR) goals, especially for direct and indirect greenhouse gas emissions, with the first milestone in 2025.
AM Best affirms Coface rating at A (excellent) with a stable outlook
Global credit rating agency AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of ‘a’ (Excellent) to Coface and its main operating subsidiaries. This rating reflects the agency’s belief in the strength of Coface group’s balance sheet, operating performance, business profile, and enterprise risk management.
Coface SA: Am Best affirms Coface’s main operating subsidiaries rating at A (Excellent) with a stable outlook
The rating agency AM Best affirmed on 19 May 2023 the A (Excellent) Insurer Financial Strength – IFS rating of Compagnie française d’assurance pour le commerce extérieur (la Compagnie), Coface North America Insurance Company (CNAIC) and Coface Re. The outlook for these ratings remain “stable”.
How has Coface managed and mitigated the impacts of Russia-Ukraine conflict in 2022?
The invasion of Ukraine by Russia on February 24, 2022 triggered one of the most important wars in Europe since the Second World War. This armed conflict and the numerous economic sanctions taken against Russia have created serious economic, financial and inflationary consequences for the whole world.
Our clients trust us: Denmaur renews and extends its long-term policy
Good response times, risk underwriting expertise, collaborative approach… Denmaur, one of the UK’s leading paper suppliers, recently renewed its credit insurance agreement with Coface, a long-term partner.
Coface X Rel8ed: “Nowadays, Data Science is a key component of Risk Management”
Recently acquired by Coface, Rel8ed is a specialized North American data analytics boutique, which develops innovative solutions leveraging Big Data and AI.
Coface increases its footprint in New Zealand with the opening of a local branch
Global Credit insurer Coface announces it has opened a branch in New Zealand after receiving the approval from the Reserve Bank of New Zealand on 1 April.
Appointment of Grishma Kewada as Coface country manager for Singapore
Coface is pleased to announce the appointment of Grishma Kewada as Country Manager for Singapore effective April 1st 2023. She reports to Graham Crozier, CEO of Coface South East Asia & India.
Coface celebrates its 100th anniversary in Germany
Coface Germany celebrates its 100th birthday! The company was founded in March 1923 in Mainz as the Rheinische Garantiebank Kautionsversicherungs-AG on the initiative of Isaac Fulda, a local banker. To mark this milestone, Coface is looking back on its history in the country.
Coface’s commitment to equity
Coface is stepping up initiatives to fast-track and support the development of women's careers in the company, with a particular focus on managerial decisions regarding promotion and recruitment.
Appointment of Jonathan Steenberg as Coface economist for the United Kingdom and Ireland
Coface is pleased to announce the appointment of Jonathan Steenberg as Economist for the United Kingdom and Ireland. He reports to Bruno De Moura Fernandes, head of macroeconomic Research at Coface and is based in London.
Coface acquires North America data analytics boutique Rel8ed
Coface announces today the acquisition of North American data analytics boutique Rel8ed. The acquisition brings new, rich data sets and analytics capabilities, which will benefit Coface trade credit insurance as well as the company’s business information customers and teams.
Fitch confirms Coface AA- rating
The rating agency Fitch, on 23 November 2022, affirmed Coface AA- Insurer Financial Strength (IFS) rating. The outlook remains stable. Fitch has also affirmed Coface SA's Long-Term Issuer Default Rating (IDR) at 'A+', with a stable outlook.
Appointment of Jean-Christophe Caffet as Coface Chief Economist
Coface announces the appointment of Jean-Christophe Caffet as Chief Economist, effective as of today. He reports to Thibaut Surer, Director of Strategy and Business Development of the Coface Group.
Moody’s affirms Coface’s ratings, changes outlook to positive
In its press release, Moody’s highlights that this rating reflect “Coface strong capitalisation, good profitability and limited exposure to Russia. Coface has consistently maintained a group’s solvency ratio above 190% since 2020 and the ratio has a low sensitivity to financial and macroeconomic shocks. This low sensitivity was reinforced by recent improvements in the group’s asset quality.”
Coface increases its support to the financing & implementation of ESG projects through Single Risk solutions
Coface has decided to increase its support to the financing and implementation of long-term ESG projects by providing Single Risk insurance solutions more widely. Concretely, Coface will double the envelope dedicated to ESG projects worldwide by 2025 (vs. 2022).
Alina Popa appointed new country manager of Coface Romania
Coface Romania has a new Country Manager as of August 1st. Alina Popa takes over the management of the company from Eugen Anicescu who held this position since 2016.
Coface uses blockchain to certify its press releases and financial communications
Discover how Coface leverages blockchain technology to certify its press releases and financial communications, ensuring transparency and security.
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Risk Dashboard
Navigate uncertainty with Coface's global risk assessments covering more than 160 countries and 13 sectors.
Trade Talk podcast
Dive into the world of global trade with Coface's Trade Talk podcast. Listen to conversations with trade experts as they examine current market dynamics and growth strategies.
Online services for customers and brokers
- Coface Business Information
Business Information
Access the business insights you need to manage credit risks across your entire business-partner portfolio and make strategic decisions with confidence.
- Customer Portal - Cofanet
Customer Portal - CofaNet
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
- Broker Portal
Broker Portal
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
Innovative and digital solutions
- API Portal
API Portal
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Business Information and Trade Credit Insurance.