Build to lead, our Strategic plan for 2023

Build to Lead, our strategic plan for 2023, builds upon our previous achievements, and take them broader and deeper with the ambition to position Coface as a global leader in its industry.

Be more profitable and resilient over the long-term

  • Build trade Credit Insurance Leadership
  • Develop select adjacent speciality business

Build Trade Credit Insurance Leadership

  • Simplify & digitize operating model
  • Differentiate through Risk & Information Capabilities
  • Create value through growth

Develop select adjacent speciality businesses

  • Enhance the information services offer
  • Return factoring in Germany to profitable growth
  • Boost Single Risk & Bonding

Success through people and culture

  • Foster engagement and wellbeing
  • Increase our initiatives in talent management
  • Strengthen employer brand and retention
  • A one shared culture based on 4 values : Client Focus, Expertise, Collaboration, Courage & Accountability.
  • One mission : For Trade.

Financial Targets throughout the cycle

  • 80% Combined ratio
  • 9.5% RoATE*
  • 155% - 175% target range Solvency Ratio
  • ≥80% Payout Ratio

*Return on average tangible equity