A major player on the single risk credit insurance market for the last 20 years, Unistrat Coface is pursuing its development both in France and abroad, with 2006 yielding excellent business results. To achieve this, Unistrat Coface is relying on the Coface network as well as a network of specialized brokers throughout the world. In order to fulfill its international development objectives, Unistrat Coface is restructuring its business to establish closer contact with its customers.
2006: A very good year for business Unistrat Coface recorded excellent results in 2006, with premiums amounting to a total of €47.6 million, up from €38.4 million, an increase of 23.9%.
Rolling-out the product range through the Coface network To roll out its offer quickly throughout all the countries, Unistrat Coface is relying on Coface’s network, with local representation in 60 countries and direct presence via the CreditAlliance network in 106 countries.
A new structure, closer to the customer: While France continues to be entrusted to Raisy Bivas, a new division is being created, which will be headed by Bernard Sauvage and based in Singapore, to develop business in Asia, Oceania and Japan. Florence Mognetti will be responsible for rolling out the company’s offer in the rest of the world, with a team that has been strengthened by the arrival of Marie-Hélène Alexis who was acknowledged investment guarantee specialist at Coface’s Medium-Term Department. An organization chart is enclosed. In June 2006, Coface in the UK recruited a new team led by Joe Blenkinsopp to promote political risk products on the London market, under the supervision and support of Unistrat Coface. Source: Febis www.febis.org and Coface websites www.coface.com