Established in 1946, Coface is one of the three largest credit insurance companies in the world with headquarters in Paris.
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 2012, the Group posted a consolidated turnover of €1.6 billion. 4,400 staff in 66 countries provide a local service worldwide. Each quarter, Coface publishes its assessments of country risk for 158 countries, based on its unique knowledge of companies’ payment behaviour and on the expertise of its 350 underwriters located close to clients and their debtors.
In France, Coface manages export public guarantees on behalf of the French state.
Coface is a subsidiary of Natixis. corporate, investment management and specialized financial services arm of Groupe BPCE.
Hong Kong Branch was set up as a representative office in Hong Kong in 1996 and became a branch office in 1999 . Hong Kong Branch provide credit insurance and related services. It is the headquarters of Coface in the Asia Pacific region.
Established in 1982, Coface Greater China Services Limited became a member of Coface in 2000. Coface Greater China Services Limited is the first business information agency in Hong Kong obtained the ISO9001 quality certification on all its operation. Coface Greater China Services Limited serves as the service platform of business credit information and commercial collection in the region.
Coface (Shanghai) Information Services Co Limited was established in Shanghai in 2001 to provide credit management services for local companies.
In 2003, Coface Credit Insurance Company (Beijing Representative Office) was set up and supported Ping An Property & Casualty Insurance Company of China Limited to launch the first short term domestic trade credit insurance in Mainland China, protecting enterprises in Mainland China against the risk of non-payment.
Coface started its direct presence in Taiwan in 2001 with the opening of Coface Service (Taiwan) Limited. To provide credit management services for local companies. In 2008, Coface set up the Taiwan Branch to expand its credit insurance offer providing comprehensive trade protection service for Taiwan enterprises.