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Coface Services South Asia Pacific Pte Ltd - Credit Insurance, Finance, Financial Services, Financial Consultants, Financial Advisors, Insurance Companies, Insurance Brokers, Insurance Consultants

 


Coface Services South Asia Pacific Pte Ltd
Contact: Andrew Loh
Address: 36 Robinson Road #19-01 City House
Singapore 068877
Tel: (65) 6827-8700
Fax: (65) 6827-8701
e-mail: marketing@coface.com.sg 
Website: www.coface.com.sg 
Categories: Credit Insurance, Finance, Financial Services, Financial Consultants, Financial Advisors, Insurance Companies, Insurance Brokers, Insurance Consultants
Company Profile: Receivables management solutions provider; provides credit insurance
 
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 2011, the Group posted a consolidated turnover of €1.6 billion. 4,600 staff in 66 countries provide a local service worldwide. Each quarter, Coface publishes its assessments of country risk for 157 countries, based on its unique knowledge of companies’ payment behaviour and on the expertise of its 250 underwriters. In France, Coface manages export public guarantees on behalf of the French state.
Coface is a subsidiary of Natixis whose Core Tier 1 ratio is 10.2% end December 2011.

Singapore
Coface Singapore Branch was established as a representative office in 1995 and it obtained a credit insurance license from the Monetary Authority of Singapore (MAS) to operate as a branch office in 2002. It supports the development of domestic and international trade through the provisions of credit insurance.

Coface Singapore works closely with the Singapore Government to participate in different schemes to support Singapore companies. Since 2008, Coface has been one of the insurers of the Loan Insurance Scheme (LIS). The LIS was part of a financing scheme introduced by the Singapore government in December 2008 to help companies cope with the economic downturn. The scheme helps Singapore companies secure their short term financing lines by getting them insured by commercial insurers against insolvency risks, with the government support on a portion of the insurance premium.

Starting from 2011, Coface Singapore also joined as one of the insurance companies in the Trade Credit Insurance Scheme (TCIS) introduced by International Enterprise (IE) Singapore. The scheme provides a 50% of the premium subsidy for qualified companies who successfully purchase trade credit insurance.

Our mission in to facilitate trade between companies worldwide and thereby contribute to the development of global commerce

We provide receivables protection and management services to help client-companies manage their trade receivables with precision and ease. The offerings have a modular structure, enabling solutions to be tailored to each company’s specific organisation and marketing strategy.
 
     
     
 

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