Why do I need credit insurance?

Export Credit Insurance - Your passport to success

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Supporting exporters throughout the UK & Ireland

Whether your experience of international trade is taking you across the Channel or to the other side of the world, it adds a whole new dimension to the risks your business is running. With Coface, dealing with different cultures, legal systems and currencies can be much simpler and safer.

Protection

We can help you avoid bad debt and trade more profitably by assessing your trading risks accurately and continuously. We monitor the trading behaviour and financial health of 80 million companies, so we can tell you which companies are creditworthy no matter where they are in the world. We can also alert you if a company’s financial situation is changing or indicating a potential payment default.

Market Intelligence

With Coface you can make more informed decisions with exclusive and authoritative reports on countries and sectors, plus business and economic trends. This knowledge gives you the freedom to export with confidence. To pursue new opportunities in your existing export territories and explore new ones.

Debt Collection

We can also help by providing an efficient overseas debt collection service. Our experienced collectors speak the local language and understand the culture, so they can often sort out an overdue payment without damaging your relationship with the customer. Given that one invoice in four is not settled within the payment term, that’s quite an asset.

Know more, grow more

Our export credit insurance policies are designed with exporters in mind. Not only do we provide protection but also:

  • Assessments of political as well as commercial risk
  • The ability to pre-qualify export customers: our database of 80 million companies covers the world
  • Access to detailed, constantly updated country and sector risk reports so you can make informed export decisions
  • Receive quarterly barometer reports on economic trends and changing risks

Coface it first and trade with confidence.

To find out how Coface Credit Insurance can help your business contact our team for your free, no obligation quote.

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Case studies

Vestey Foods UK

Vestey Foods UK uses Coface to mitigate credit risk within its highly diverse customer portfolio.

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Case studies

Smeg UK

As Smeg UK put its new growth strategy into operation and launched different product lines, it returned to Coface credit insurance to minimise trading risk.

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Resources

Country Risk Assessment Map – Q1 2018

At Coface we monitor the economic performance of over 160 countries. Our easy to follow Country Risk Assessment map give your business vital knowledge on the countries you are, or are thinking of, working in.

View Resource