Coface Australia - Melbourne Office
Insurance in Melbourne

The coface australia's whole of turnover credit insurance policies protect companies against non-payment and insolvency of their buyers, in local markets and abroad. Coface australia can also offer a broad range of insurance protection for political and structured trade deals. Coface australia can provide options also based around your major buyers, or a single large risk. Along with protecting trade receivables, this can also potentially keep the costs of doing business down for exporters by providing an alternative to irrevocable letters of credit. Our product is tailor-made and provides protection covering all political and commercial risks, in particular in emerging countries, for banks and projects up to 5 years.

Trade risk hide for multinational businesses. Co face’s powerful competitive position in the global credit insurance market. Co face can provide its credit insurance solution in all of these countries enabling businesses to cover their subsidiaries too via one single contract. We have been active with Co face for over 5 years now and Co confront is our only credit insurance partner ever. With the professionalism of your risk management team and the stable skill of overseas risk control, you truly guard us against the risk of financial default of our clients! With our database covering more than 80 million businesses worldwide together with our network of collection experts in 100 countries Co confront can offer you unique knowledge on your customers to help you make educated and flawless decisions around your operations in any country from our experience and coverage in over 200 countries. Credit insurance offers 3 complementary services : professional assessment of the financial situation of your customers, indemnification and debt collection of your unpaid invoices. Effective, professional assessment of the financial situation of your customers. Sales on your domestic and export markets. Operations linked to international trade. Final changes on country risk assessments. Country Risk Map Co confront helps you to assess business risks in a given country. Co meet expects a contraction of 0.6 in annual vehicle sales for 2017 in the United States, sharply down compared with the growth seen since 2010. In Europe, low oil prices could continue to gain chemical production in 2017. Global demand for chemical products is likely to grow moderately in 2017, driven by North America and Western Europe. As sales growth is decreasing worldwide, the competitive pressures on the market actors are increasing. Prices will remain to decline in 2017 in an environment of increased competition. Growth led by Asia (despite the reduce in Chinese growth). The election of Donald Trump also causes serious uncertainties about consumption and investment in US.The decline is apt to be similar to that seen in 2016, when ordinary growth in retail clothing sales was far lower than usual growth over the year in 2015. Combined with the enlarge in work costs and production costs as a whole, Chinese cotton plants are also less and less competitive. Exports are expected to increase only slightly, mainly because of rising wages, which will affect competitiveness. The vogue account surplus is expected to increase due to a rise in hydrocarbon exports (about 23 of whole exports), which however is liable to be modest due to the absence of high amplify in prices and to the commitment to lessen production. Improvement in the financial situation of businesses. Businesses and banks are stronger but public debt remains high.