Our Clients say it best
SOCAR Trading Singapore Pte Ltd
Coface helps us develop and maintain a credit insurance portfolio for our business in a challenging environment.
“We have been using the insurance spot cargoes for many years and the reason why we choose Coface is because Coface is a recognized and well established insurance company which offered us a decent commercial contract.
Coface helped us to develop and maintain a credit insurance portfolio for our Singapore bunker business in a challenging environment. Besides, they also helped us to expand our business on fuel and oil book in Singapore. The team is open-minded, easy to communicate and well-prepared with the knowledge of different markets..
Coface is unique on their large scope of coverage, competitive pricing and efficiency. We are very happy with the overall experience, especially by keeping a mutual long term view of Socar and Coface relationship.”
SOCAR Trading Singapore Pte Ltd is the wholesale distributor of petroleum and petroleum products.
Vital Solution Pte Ltd
Coface helps us strengthen our credit structure and give us a high level of assurance in credit worthiness!
“Before we started credit insurance, we had our concern on the high insurance cost, complexity of documents requirements, as well as if the insurance company will pay in the event of a claim. We once had a policy with ECICS and our bankers had proposed us a funding line on the basis of credit insurance policy issued by Coface.
My experience with Coface is extremely satisfying and no negative surprises along the way. Coface help us strengthen our credit structure and is the backbone of funding line approved by bank. They have an approachable and professional account team which gives us a high level of assurance in credit worthiness of our credit customers.
If I were to recommend Coface to my colleagues, I would mention in particular that the attributes would be their customer service with the intention to find solutions to meet customer’s requirement and at the same time being conservative and pro-active when required.
We view Coface as an extension of our internal control systems – an independent body to guide us on the credit risk exposures that we deal on a day to day basis in our international trade business.
Vital Solution Pte Ltd is a supply chain for paper and paper products industry.
BNP Paribas (China) Ltd
Coface always gives us positive suggestions and never refuses clients’ new ideas.
“Coface always gives us positive suggestions and never refuses clients’ new ideas. As a French company, Coface maintains more flexibility, if compared with other insurance companies. And your employees often engage in internal consultations and sometimes make exceptions, which is really valuable for us.”
BNP Paribas (China) Ltd provides banking, financial, and advisory services.