The Compagnie française d’assurance pour le commerce extérieur (Coface) is founded by the French government, which instructs Coface to insure its political, monetary and exceptional trade risks.
About Coface in India
Coface has been present in India since February 2001 through its subsidiary Coface India Credit Management Services Pvt. Ltd. It has offices in Mumbai (headquarters) and Bangalore.
Coface has been developing Trade Credit Insurance (domestic & exports) with 4 local partners - ICICI Lombard General Insurance., IFFCO-Tokio General Insurance, Bharti AXA General Insurance and Universal Sompo General Insurance.
It produces business credit reports for the Coface Group and also sells them in the local market. It also has a receivables management operation. Today, Coface India Credit Management Services Pvt. Ltd. manages almost 50% of the Information Line Back Office tasks for the Group in Bangalore catering to around 100 countries.
4 good reasons to choose us
Historical know-how recognized by many clients, international expertise and a unique database: these are the reasons why Coface is a global leader in risk management.
- +75years of experience
- 100kclient companies
- ~200markets where we operate
- 195mcompanies listed in our database
A World Leader in Trade Credit Insurance
- Our core business for over 75 years
- Protect your trade receivables against the risk of non-payment by one of your business strategy
- Use a decision-support tool to drive your business strategy
- Coface indemnifies you in the event of non-payment and initiates the collection process
- Cover your commercial and political risks for complex and one-off transactions for a minimum of INR445M, with our Single Risk solution
Business information: Get exclusive data to take better decisions
- Information collected in 195 countries and from 190 million businesses
- Micro-economic, macro-economic and sector data constantly updated and expanded
- Access these risk analyses, and secure your supply or distribution chains
- Assess the strength of your commercial partners using the Coface score, and direct your business strategy accordingly
Debt Recovery: Minimize your losses with our solution
Coface International Debt Collection specializes in streamlined and effective debt recovery:
- Coface provides a fast and efficient debt collection service whether you are insured or not.
- Benefit from the assistance of experts dedicated to collection and indemnification from our network of international partners.
Our innovative solutions
Risk Management tool
CofaNet Essentials is your secure online platform for managing your credit insurance policy effortlessly.
Monitor your customer portfolio, manage your guarantees, declare your claims and check the indemnification of your unpaid invoices.
Coface API portal
We provide web data exchange solutions (API) tailored to your company’s needs so you can manage your Coface credit insurance contract within your own tools.
Whether you opt for a simple technical solution or all-inclusive integration, you can connect your company directly to the information provided by Coface allowing you to focus on key risks securely and reliably.
Explore Coface API catalogue: integrated solutions for Trade Credit Insurance and business information.
CofaMove
Your business moves fast – and sometimes your life moves even faster!
This is why we've created CofaMove: the Coface app for swift credit risk management when you’re on the-go.
• Identify buyers,
• Request credit limits,
• Order information services & reports
• Track the status of claims & indemnities
CofaMove is available on the AppStore and Google Play
Why should you opt for Coface risk management?
Our mission: to support companies in their development by protecting them against the risks of non-payment which should not be underestimated.
- 80%of companies are faced with unpaid debts
- 25%of bankruptcy filings are due to these unpaid debts
- 10kcredit decisions taken by Coface every day
- 400risk experts in Coface
Access all Coface's economic intelligence
Coface also boasts proven expertise in the field of economic research, undertaking micro and macro-economic studies as well as risk analyses by country, sector and company, etc.
A number of publications are available to help you assess your risks more effectively and take the right decisions at the right time.
Our history
Online services for customers and brokers
- 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).
- Icon
ICON
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Innovative and digital solutions
- Icon
ICON
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
- API Portal
API Portal
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.