About Coface in Singapore

 

Coface began to operate in Singapore region in 1994 and in 1995, Coface’s branch in Singapore was established as a representative office. 

It obtained a credit insurance license from the Monetary Authority of Singapore (MAS) to operate as a branch office in 2002. Since 2011, Coface has been participating in the Trade Credit Insurance Scheme (TCIS) introduced by the International Enterprise (IE) Singapore. Coface’s branch in Singapore is also the Regional headquarters for APR.
 
“At Coface we believe in business as a force for good in the world. We support clients everywhere they operate, protecting and helping them take credit decisions necessary to strengthen their ability to trade domestically and internationally. We collaborate with our clients to help their business become stronger and more successful, and in doing so we contribute to the smooth running of economies."
 
Hugh Burke
CEO Coface Asia Pacific

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.

  • +75 years of experience
  • 50k client companies
  • ~200 markets where we operate
  • 190m companies 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 SG$7M, with our Single Risk solution
A screen showing URBA360, the Coface tool a handy business-risk analysis tool, giving access key indicators to evaluate businesses quickly. The screen shows risk assessment diagrams.

Business information: Exclusive data for enhanced decision-making

  • 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 Collection: Recover Late Payments Anywhere Around The World

Coface International Debt Collection specialises in effective and efficient, stress-free 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
  • 10k credit decisions taken by Coface every day
  • +330 risk 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.

See our economic publications

Our history

  • 1946

    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.

  • 1992

    Coface starts to take on an international dimension: Italy (1992), United Kingdom (1994), Germany (1996), Austria (1997), United States (2002)… and in 100 countries worldwide today!

  • 1994

    Most of Coface’s capital is privatised following the privatisation of SCOR, its major shareholder, but the Compagnie continues to manage public guarantees on behalf of the French state.

  • 2002

    Natixis acquires 35.26% of Coface’s capital from SCOR, in the process becoming the majority shareholder.

  • 2006

    Delisted in 2004, Coface becomes a subsidiary of Natixis, the financing, management and financial services bank that is part of the BPCE group.

  • 2012

    Coface Global Solutions (services for multinationals) and TopLiner, additional credit insurance coverage, are launched.

  • 2014

    Coface is listed on the French stock exchange on compartment A of the regulated Euronext Paris market.

    EasyLiner - a 100% digital package for SMEs - comes online.

  • 2017

    Coface transfers the management of public export guarantees to Bpifrance.

  • 2019

    Coface seals the acquisition of PKZ, Slovenia’s leading credit insurance provider, and creates a new entity for expansion in Greece.

    COFACE SA is integrated into the SBF120, the flagship index of the Paris Stock Exchange.

  • 2020

    With the acquisition of GIEK Kredittforsikring AS, Coface strengthens its position in the Nordic market.

    The Build to Lead strategic plan is launched, designed to consolidate the Group's leading role in credit insurance and develop adjacent businesses (information services, debt collection, bonds, factoring and single risk insurance).

  • 2021

    Coface incorporates its strategy into the global framework of the UN’s Sustainable Development Goals.

    Natixis sells part of the capital of Coface SA to the Arch Capital Group Ltd, which now holds 29.5% of the shares.

  • 2022

    Coface creates an entity so it can expand in New Zealand.

  • 2023

    Coface augments its databases with the acquisition of Rel8ed, a company specialising in data analysis in North America, and consolidates its analytical capabilities on behalf of our credit insurance and business information clients.