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.
About Coface in South Korea
At Coface, we’ve been managing trade credit risk for more than 75 years to support the growth of companies.
In South Korea, our 100+ experts give our clients the confidence they need to navigate in uncertain and volatile environment, by offering a full range of solutions: Trade Credit Insurance and Single Risk Insurance.
Every day, we leverage our unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
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.
- +75years of experience
- 100kclient companies
- ~200markets where we operate
- 195mcompanies listed in our database
A global leading player in Trade Credit Insurance
• Our core business for over 75 years
• Protect your company against customer insolvency, late payments and political risks, allowing you to grant payment periods to your customers with confidence.
• Grow your business: optimize your cash flow and safeguard your balance sheets, so you can reassure your financial partners, and easier access to financing.
• Face up economic uncertainties: Coface indemnifies your guaranteed receivables regardless of how the recovery process turns out.
• Cover your commercial and political risks for complex and one-off operations with our Single Risk solution.
Business Information: bring confidence to every decision
• Exclusive insights to trade smarter
We help you find reliable business partners, monitor their financial health and spot weak signals. From Big Data to smart data: gain exclusive insights to make better, more informed decisions at every level.
• High-value data enriched by human expertise
As global in trade credit insurance, we can generate exclusive and valuable information, enhanced by our +400 risk experts. You benefit from descriptive data to understand of a company’s situation, (scores, financial information, company links), prescriptive insights (credit recommendations) to mitigate risk exposure and predictive solutions to forecast companies’ creditworthiness (models, algorithms).
• A powerful decision-making solution
Best-in-class data, advanced analytics, predictive scoring, models, algorithms: we combine our global expertise and unique data with cutting-edge technology (AI, Data science) to help you steer your bustiness development. Limit risks and open up new growth opportunities!
• BI services: Anytime, anywhere with ease
Access risk analyses and key indicators 24/7 with URBA360, an intuitive digital platform which offers seamless API integration.
Our innovative solutions
Risk Management tool
CofaNet Essentials: Seamlessly Manage Your Credit Insurance Policy
Effortlessly oversee your customer portfolio, administer guarantees, file claims, and track indemnification for unpaid invoices via our secure online platform.
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 suffer from overdue payments.
- 1 in 4companies going out of business is due to non-payment by customers
- 12kcredit decisions credit decisions taken by Coface every day
- 400risk experts in Coface
Access all Coface's economic intelligence
Coface boasts recognized expertise in the field of economic research. Every day, in collaboration with our risks and business experts, our economists around the world analyse the dynamics of the global economy.
We offer our clients solid insights through publications and economic studies to help them better assess risks and make the right decisions at the right time: Macro-economic analyses, Country risk assessments, Sectorial assessments, Thematic reports…
Our history
Online services for customers and brokers
- Customer Portal - Cofanet
Customer Portal - CofaNet
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
- Broker Portal
Broker Portal
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
- Icon
ICON
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Innovative and digital solutions
- Icon
ICON
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
- API Portal
API Portal
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.