Coface obtains Dubai licence

Trade credit specialist Coface has received a company licence
from the Dubai Financial Services Authority to offer insurance
management and intermediation services.
According to local media reports, the company will write trade
credit business for both corporate and small and medium-sized
enterprise clients through the newly formed Coface Credit Insurance
GCC Limited.
Massimo Falcioni, head of Middle East countries at Coface, said
the carrier decided to launch a licensed entity in Dubai to explo