Trade Credit Insurance, Surety Bonds and Business Information services: whether to cover its client risk, provide third-party guarantees or better control its supplier risk, Renault Group relies on Coface's leading global ecosystem and expert solutions to mitigate its commercial risks. And this, since 1958!
About Renault Group
Renault Group is a car manufacturer at the forefront of mobility with its four brands: Renault, Dacia, Alpine and Mobilize. Operating in 130 countries, Renault Group brings together around 105,000 employees and is structured around five main business lines: electric vehicles, the circular economy, software, mobility services, and thermal and hybrid vehicles.
A range of complementary solutions to master commercial risks
Trade Credit Insurance, Surety Bonds, Business Information Services: Renault Group leverages a wide range of credit risk management solutions that Coface offers to its clients and partners.
Coface is one of the global leaders in Trade Credit Insurance, with experts who perfectly master all the solutions we need and an international reach matching our expectations.
says Thibaud Jacqmin, Head of Trade Finance at Renault Group.
Renault Group uses Global Solutions trade credit insurance services to cover client risks for which it does not have sufficient guarantees. In addition, the company relies on Coface's Surety Bonds services to secure its operations and thus reassure third parties, for example, regarding end-of-life vehicles, tax issues, or guarantees for rent deposits. Recently, Renault Group also opted for Coface's Business Information services to improve its supplier risk management.
Expertise, proximity, trust: a successful partnership since 1958!
Renault Group x Coface: it is the story of two key economic players on the French scene, growing and internationalising together. A long-standing relationship, initiated in 1958 to protect the car manufacturer's operations abroad. Global expertise, proximity and trust are what make this partnership, dating back almost 70 years, so successful, and it has not declined over the decades.
Coface's services are constantly improving. What's more, we have direct access to the risk underwriters, who explain their decisions or implement credit limit lines, and we can easily discuss matters with them. This proximity is extremely important to us.
Thibaud Jacqmin, Head of Trade Finance at Renault Group.
With a legacy of over 75 years, Coface offers tailored solutions to manage trade credit risks, optimize credit management, and reduce financial vulnerabilities. Explore how our global expertise can help you achieve your growth ambitions.
