coface

Coface is a global trade credit insurance and risk management company operating in Mexico through its subsidiary Coface Seguro de Crédito México, S.A. de C.V. With over 75 years of international experience, the company specializes in protecting businesses against the risk of non-payment from their commercial partners. Coface offers trade credit insurance solutions that safeguard companies' receivables, providing indemnification of up to 90% of losses in the event customers fail to pay their invoices. The company serves businesses of all sizes across multiple sectors, helping them manage credit risk both domestically and in their export operations. Beyond insurance, Coface provides complementary services including business information and credit reports, debt collection services, factoring, bonding, and single risk insurance products. The company's business information services deliver credit scores, business reports, and country and sector risk assessments to support informed decision-making. In Mexico, Coface operates under the supervision of the Comisión Nacional de Seguros y Fianzas (CNSF), the country's insurance regulatory authority. The company is headquartered in Ciudad de México and is led by Carlos Mauricio Lomelí Alonzo as General Director. Coface's platform, Cofanet, allows clients to manage their trade receivables online with full risk monitoring capabilities. The company leverages its extensive international network spanning over 100 countries to provide local expertise and global reach. Coface's services enable Mexican companies to expand safely into new markets, secure better financing terms from banks, and protect their cash flow from commercial risks. The company also offers API integration options for seamless incorporation of risk data into clients' existing business systems.