Credit insurer Coface has announced the launch of its 2024-2027 strategic plan, Power the Core, with a view to develop a global ecosystem of reference for credit risk management.
These plans have laid strong foundations – despite some having been executed in a particularly shaky environment: pandemic, inflation outbreak, brutal rise in interest rates, war coming back in Europe – which will support the new plan’s development, the firm stated.
They have helped built a best in industry risk infrastructure, developed a high-performance sales organisation in key markets, and simplified its operating model.
As well as established Business Information services (BI) foundations, defined a clear Corporate Social Responsibility roadmap, and nurtured a strong leadership culture.
Power the Core aims at developing a global credit risk management ecosystem of reference. The frim explained: “Coface’s conviction is intact: Trade Credit Insurance is a service business which exhibits high barriers to entry, is growing and among which…
