A Solution Tailored to Your Needs
Each policy is tailored to the individual needs of the business, so coverage details will vary. In general, a company covers all or a majority of its business, and may choose to cover export, domestic or both types of accounts. Policyholders are eligible to file a claim when a customer is insolvent or unable to pay the outstanding balance owed. Since Coface is a global company, we are able to cover sales of subsidiaries or sister companies in other countries, as well as provide local features such as risk monitoring and collection services.
If your company has operations in more than one country, our Globalliance program offers modular, multi-country policies through the Coface international network. Globalliance policies have standard wording and are adapted to local laws. They can be serviced centrally or with local underwriting and collections, depending on your company's needs.
All policyholders receive access to Cofanet, our online policy management tool. With Cofanet, policyholders can search Coface’s database of 50 million companies worldwide to request, change or cancel coverage with ease. All buyer details are conveniently stored in Cofanet and may be exported for use in the policyholder’s internal management systems.