ICBA Trade Credit Insurance News

International Credit Brokers Alliance (ICBA) is the world’s largest team of independently-owned, specialist trade credit insurance brokerages. Established in 1999, with offices in 25 countries on five continents, ICBA partners combine local service with global coordination to provide trade, credit and political risk insurance solutions for multinational companies.

To learn more about ICBA trade credit insurance options, explore the ICBA blog below or contact a local broker.

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Entries in Coface (3)

Monday
28Dec2009

Coface's Corine Troncy says transparency and trust between Coface, ICBA and clients are priorities

DateMonday, December 28, 2009 at 07:00AM

Excerpt from ICBA Advantage Issue 5 – Winter 2009/10Corine Troncy

Coface, based in Paris, France, with 130,000 clients worldwide and a direct presence in 67 countries, recently introduced its “New Deal” giving clients more flexibility in the managment of portfolios and increasing dialogue among risk underwriters and clients. Improved transparency allows Coface to show clients how the company monitors accounts, identifies portfolio quality, and helps Coface be extra agressive in underwriting clients’ limits. Corine Troncy is Global Sales & Business Development Director, Coface Holding.

Question: Since the credit crisis began in 2007, Coface has maintained excellent guarantees, totalling €364 billion mid-way through 2009. Coface also reports improvements to its risk profile. How do these measures benefit customers?  

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Thursday
09Apr2009

The Coface Group’s CEO discusses credit crisis effects – transparent financial information will ease trade credit 

DateThursday, April 9, 2009 at 01:00AM

By Mark Attley

The big three global credit insurers Euler, Coface and Atradius continue to maintain their Investment Grade ratings despite the worst financial industry results in decades. At a recent meeting of the International Credit Brokers Alliance (ICBA) in London, England, Jérôme Cazes, CEO of The Coface Group, outlined his perspective on the current credit crisis and what we can expect over the coming year. Alliance members were treated to a blunt assessment of the present situation, which, if mirrored by the other two insurers, gives an indication of the scope of the challenges confronting the industry. Ironically, M. Cazes provided some hope and assurance that there is light at the end of the tunnel–versus a torch carried by the grim reaper of capitalism.

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Wednesday
04Mar2009

Trends identified at the 2009 Coface Country Risk Conference

DateWednesday, March 4, 2009 at 09:39AM

Excerpt from ICBA Advantage Issue 2

At the 2009 Coface Country Risk Conference, corporate, governmental and financial executives, who make decisions about export and risk in new markets, discussed the effects of downgraded country credit ratings across the globe.

Coface defines a credit crisis as a significant worsening in companies’ payment behaviour.

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