Our Mission
The Tunisian Company for the Insurance of Foreign Trade "COTUNACE" is an insurance company subjected to the tunisian insurance code. Our object is to provide to the tunisian companies a domestic credit insurance as well Export credit insurance.
Since its establishment in 1985, the role of COTUNACE is to support your efforts as tunisian companies by empowering your business to trade with confidence avoiding defaults problems.
To be efficient in its mission, COTUNACE deliver you credit insurance solutions in line with your needs. Relying on our guarantees, you can make your commercial transactions safe and protect your company from the risk of unpaid commercial debts (bankruptcy, late payment…) either from the political risks (wars, riots, natural disasters ...).
Your non-payment are then outsourced and guaranteed by COTUNACE, so you can protect your business and grow profitably, minimizing the risk of sudden and unexpected customer insolvencies. Furthermore, it avoids negative consequences on your cash flow and financial balance.
The credit insurance offered by COTUNACE makes to feel free from the worries of non-payment and allows you to seize commercial opportunities both in the local and international market.
The support of COTUNACE to Tunisian companies is upstream and downstream:
- Upstream, it is a role of prevention and advice that COTUNACE provides you to know the solvency and financial strength of your client (Tunisian or foreign buyer).
- Downstream, COTUNACE intervenes to indemnify you if, unfortunately, an unpaid occurs and starts the recovery procedures with your defaulting customer.
For exports, it is a question of recovering a national asset. COTUNACE, through its membership in an international debt collection network, is represented all over the world, which makes it possible to optimize the chances of recovery and at a lower cost.
