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Coface Singapore – First Insurer in Asia-Pacific to Join the LiquidX Digital Trade Credit Insurance Platform


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 ma ....

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Singapore: FinTech co LiquidX receives insurance broking licence, eyes expansion in Asia


LiquidX, the New York-headquartered global FinTech solutions provider for working capital, trade finance, and insurance has announced that its Singapore entity, LiquidX Insurance Services (Singapore) [LISS], has received a licence from the Monetary Authority of Singapore to offer insurance brokerage services in the country.
LISS can now help banks, asset managers and funds, and corporates of all sizes in Singapore to access, automate, and streamline trade credit insurance coverage via the LiquidX 360 platform. The digital platform serves the entire Trade Credit Insurance value chain for quoting, policy management, and risk monitoring.
“LiquidX 360 is the only solution that integrates trade credit insurance with next-generation capabilities for buying, selling, and managing accounts receivable and other trade finance assets on the same platform,” said the company in a statement. ....

Jim Toffey , Alex Bursak , Trade Credit Insurance , Insurance Asia Pacific , வர்த்தகம் கடன் காப்பீடு ,