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Our offer

Alongside businesses to protect them against unpaid invoices

At Coface, our main mission is to insure businesses – from SMEs to multinationals - against unpaid invoices, which can undermine their activity. In this way, we have designed a range of credit insurance solutions covering 4 key requirements expressed by businesses for export: insuring their sales, financing their development, covering their risks on a case-by-case basis and evaluating markets.
 
This “made by Coface” protection is based on a powerful prevention system: our experts work around the globe to analyse the financial strength of businesses and anticipate payment arrears. Through this continuous review, we provide feedback on all or part of the customer portfolio, complementing and partnering with businesses. 
 
Our in-depth knowledge of buyers and the markets enables us to offer bespoke advice and services, in addition to taking action quickly when risks of unpaid invoices materialize. This responsiveness is possible thanks to the unique close ties established with our customers, backed by our presence in 99 countries. In Romania, the underwriting division along with specialized brokers nationwide and a dedicated Key Accounts team in Bucharest and also in Cluj, keep us alert and help us to be proactive and anticipate risky situations.
Coface is the only provider of integrated credit risk management services in Romania. In addition to credit insurance, Coface offers factoring, business information production and receivables management services in some countries.

Credit Insurance solutions to strengthen your business

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News

Coface Study: Revenues from the sector of retail with pharmaceutical products in specialized stores increased by 15% in 2018 compared to 2017
01/14/2020

A new study conducted by Coface Romania on the sector of "Retail with Pharmaceutical Products in Specialized Stores” (NACE 4773) indicates a positive evolution of revenues in 2018, which increased with approximately 15% compared to 2017, with a slightly higher profitability. The study aggregated the data of 4.425 companies that submitted their financial situation for 2018 (as of September 2019) and generated a consolidated turnover of RON 19.07 billion. The weight of the cumulative market share held by the most important 10 players is 31%, which indicates a low degree of concentration.

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AM Best affirms A (Excellent) rating to Coface North America Insurance Company, with stable outlook
01/06/2020

Rating agency AM Best, on 17 December 2019, has affirmed Coface North America Insurance Company’s ‘A’ (Excellent) Insurer Financial Strength (IFS) rating, with a stable outlook.
Coface North America Insurance Company (CNAIC) is a major credit-insurance operating entity of the Coface Group and its main vehicle to access the large North American market.
In its press release, AM Best highlights that this rating reflects “Coface’s balance sheet strength, which A.M. Best categorises as very strong, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management”.

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