August 02, 2021
Coface Singapore – First Insurer in Asia-Pacific to Join the LiquidX Digital Trade Credit Insurance Platform
GlobeNewswire
August 02, 2021
NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, today announced that Coface Singapore Branch has joined its LiquidX 360 digital platform. The state-of-the-art tech platform offers enhanced operational efficiency and transparency for all participants in the trade credit insurance market, including carriers, brokers, and policyholders.
Coface Singapore is the first carrier in the region to join the platform since LiquidX was granted an insurance brokerage license from the
Monetary Authority of Singapore in June 2021. This move marks the first step for LiquidX in replicating its successful business model in the United States. The majority of trade credit insurance carriers in the U.S., representing 80% of market premium, are act
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