Coface is able to offer a credit insurance concept. The solution – individual but applicable worldwide – is the Coface Globalliance Contract.

We use the word “concept” intentionally because Coface Globalliance is more than just a product. The specific requirements are analysed jointly with the customer. Companies’ credit managers are thus already assisted in the decision-making process. What risks have to be covered in which countries, and how? Are we dealing with manufacturing plants, commercial enterprises, service providers, or conglomerates? Is there a central credit management system for the whole group or is there a framework within which the subsidiaries decide and act independently? These and other questions are answered and solved.

Coface Globalliance offers a range of modules, providing on the one hand flexibility to the group units and on the other hand an overall view for the company’s management. For example, the contract takes into account the legal requirements in the relevant countries and offers different varieties of cover for the risk of debt loss in the export or domestic business of the foreign subsidiaries. Coface Globalliance is thus a central and a local service at the same time. The combination of credit management instruments in the Coface Globalliance solution makes both the risks involved in international business and the costs that have to be incurred to minimise them more transparent to companies.

An essential component of the Coface Globalliance concept is local service. Coface Austria ensures this through its partners within Coface worldwide and in the CreditAlliance network.

Coface Globalliance Contract: flexible and tailored to your needs
Credit insurance for multinational companies
Local service on all continents
Modular concept
Full service under the same roof – worldwide