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 Hong Kong S.A.R, Mainland China & Taiwan
HONG KONG S.A.R.
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 serves as the service platform of business credit information and commercial collection in the region.
MAINLAND CHINA
Coface entered Mainland China 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.
TAIWAN
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 successfully set up the Taiwan Branch offer providing comprehensive trade protection service for Taiwan enterprises.
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 Global leader in Trade Credit Insurance
• Our core business for over 75 years
• Safeguard your trade receivables from the threat of non-payment, aligning with your business strategy
• Employ decision-support tools to steer your business strategies effectively
• 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 HKD41M, with our Single Risk solution
Business Intelligence: Distinctive Data for Informed Decision-Making
• Data gathered from 195 countries and spanning 190 million businesses
• Continuous updates and expansion of microeconomic, macroeconomic, and sector-specific information
• Utilize these risk assessments to fortify your supply or distribution networks
• Evaluate the reliability of your commercial associates through the Coface score, guiding your business strategies accordingly
Debt Collection: Minimize Losses with Our Solution
Coface International Debt Collection specializes in swift and efficient debt recovery, ensuring a hassle-free experience:
• Access Coface's fast and effective debt collection service, whether you're insured or not.
• Receive support from dedicated experts in collection and indemnification through our extensive 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.