Our Presence
Good business depends on good credit decisions.
Coface helps you make them daily.
COFACE CREDIT Insurance GCC is a subsidiary of Coface SA, was established in DIFC and licensed by DFSA in 2016, providing insurance management and intermediation services to Coface business partners.
Trade credit insurance products are distributed through following partners:
United Arab Emirates
- National General Insurance (NGI)
- Oman Insurance Company (OIC)
- Export Credit Insurance Company (ECIE)
- The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
- Saudi Export Program (SEP)
- The Jordan Loan Guarantee Corporation (JLGC)
WHY COFACE:
In an era of rapid change, determining the credit worthiness of new trading partners can be very challenging. For companies expanding to new markets, distinguishing a good customer from a potentially bad one is even more difficult.
Our trade credit information services are designed to help businesses make informed credit decisions to grow their business safely. Avoid devastating losses resulting from payment defaults with the support of Coface Trade Credit Information Services.
Of business are faced with unpaid receivables
Coface Business Reports: Markets change fast and a company that is viable and stable today may become financially weak tomorrow. All businesses, whether large or small, need quick access to reliable information to detect potential payment problems as early as possible. Non-payment risk prevention begins with gathering relevant and up-to-date information on buyers and their environment: Coface currently monitors the payment behaviour of over 33,000 companies in the Gulf region.
Of insolvencies are due to unpaid invoices.
Coface Credit Assessments: Our customized credit opinion services are online credit vetting facilities, providing you with an easy tool to understand credit assessments together with concise and usable data. Our services off er an immediate evaluation of payment default risk associated with your trade receivables.
Why Choose Coface?
Know your Customers: Explore our database of millions monitored companies and track your buyer’s payment behaviour.
Bespoke Service: Coface stays close to you and your customers by offering Credit Management Solutions to our clients in the GCC countries and 100 countries worldwide.
Stay Informed: Benefit of factual business information together with a robust analysis of Coface.
Enhanced Credit Management: Make informed business decisions with the support of Coface's dynamically updated debtor risk assessments.
Reliability: Coface ratings of AA- by Fitch and A2 by Moody's guarantee you strength and integrity.