COSEC

COSEC is the leading Insurer in Portugal for credit and bond insurance, offering the best management support and credit control solutions both for internal and external markets. It is also responsible, on behalf and for account of the Portuguese State, for covering and managing export credits, bond insurance and investment insurance abroad, acting as the Portuguese Export Credit Agency. COSEC’s Shareholder Structure combines the strength of the BPI, the 4th largest Portuguese financial group, and the experience of Euler Hermes, the biggest credit insurance group in the world. Founded in 29 December 1969, COSEC’s long history translates into the following figures: Over 1,700 clients; Over 14,8 billion euros worth of transactions insured; Risk analysts teams’ decide around 10,000 guarantees per month; About 234 thousand companies under surveillance; Present in more than 50 countries via the international group network.