Global credit management services provider, Coface, has appointed Christopher Short as country manager for Canada. Until this appointment, Short was responsible for the risk underwriting operation for Coface in Canada as well as international and strategic accounts throughout North America. His duties now will expand to management of all of Coface’s operations in Canada.
Coface’s products and services help companies manage and protect their accounts receivable. The Coface Canada branch currently issues domestic and export credit insurance policies to Canadian companies. The branch office also provides access to Coface’s other global accounts receivable management services, including business information and commercial collection services.
Coface has been consistently expanding its operation in Canada. In addition to providing Coface products and services through independent sales agents, in mid-2005, Coface entered an agreement with Export Development Canada (EDC), Canada’s export credit agency, for the provision of domestic receivables insurance to EDC’s short-term insurance customers. This agreement enables Canadian exporters who insure their export receivables with EDC to obtain cover for their domestic receivables from Coface.
“Coface has developed four main business lines to help its customers manage their accounts receivable: trade receivables insurance, commercial credit information, receivables management and factoring,” states Short. “My aim is to bring the full range of Coface’s product offerings, as well as our wealth of expertise in managing trade risk, to all Canadian companies.”
Short is currently based at Coface North America in East Windsor, New Jersey and will relocate to Toronto, Ontario within the coming months. Before his current position as vice-president of international and strategic accounts at Coface North America, he led the export insurance unit at CNA Credit from 1993 until it was acquired by Coface in 2003.
Short is an active member of National Association of Credit Managers (NACM) and Executives in Finance, Credit and International Business (FCIB).