SERBIA: COFACE enters the insurance market through a partnership with AXA

7 August 2014 — Vlad BOLDIJAR
coface1French credit insurer COFACE announced it is expanding to the Serbian market through a partnership agreement with local insurer AXA Nezivotno Osiguranje. COFACE is present in Serbia since 2007 in both the debt collection and business information markets.

"As a candidate country for the European Union, Serbia is a strategic market for COFACE's expansion" explains Katarzyna KOMPOWSKA, COFACE Central Europe Region Manager. "Year after year COFACE continues to strengthen its position in Central Europe, a particularly dynamic region commercially, with attractive growth potential. Today COFACE's credit insurance services are available, directly or indirectly, in 14 Central European countries."

"COFACE offers its clients the largest international credit insurance network," adds Jean-Marc PILLU, Chief Executive Officer of the Group. "The extension of our service coverage to 98 countries strengthens COFACE's international presence and demonstrates our commitment to serve the business ambitions of companies around the world."

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