Managing Credit Risk in Increasingly Uncertain Times

1) Key Messages from COFACE payment surveys on credit risk situation in China

2) Best Practices in managing client receivables

A significant amount of cash is trapped in your balance sheet because of accounts receivables. What are the easy-to-implement tips that can optimize the cash collection process? Based on actual examples and discussion between the participants, we will explore many ways to free up working capital  and generate extra liquidity!

3) Feedback from insurance agents

In view of the increase of economical uncertainty, some credit insurers are not keen to provide cover in China under an umbrella policy. Fortunately, there are more and more insurers providing such kind of cover here. Moreover, credit insurance might be of help in developing the business in China.

4) Credit risk insurance and other solutions from COFACE

Are you insuring your most important asset, especially in this risk increasing environment ? Are you receivables protected against insolvencies or even payment defaults ? Do you know that a secured customers portfolio can potentially and under conditions, help you to generate liquidity through Factoring solutions

6:00 pm - 6:30 pm: Welcome of the participants
6:30 pm - 7:00 pm: Presentation and Webinar
7:00 pm - 7:30 pm: Q&A
7:30 pm – 8:30 pm: Cocktail & Networking

Thierry LABARRE is the Senior Founding Partner for Mazars in China.

He is based in Beijing since 1997 and serves as trusted business advisor and financial auditor with a proven track record in helping foreign companies investing in China. In addition to his practice management role, Thierry specializes in Audit and Accounting (Chinese GAAPs, IFRS, US GAAP), Chinese and cross-border Tax and Social Contributions as well as Transaction Services (IPOs, Mergers & Acquisitions, Due Diligences). His focus is on adding value to cross-border transactions and providing transparency, control and assurance to management of owner-managed businesses as well as multinationals active in China.
Thierry serves on the board of the French Chamber of Commerce.

Marc BURBAN is the Founder and General Manager of Asian Risks Management Services an insurance broker.

He spent 30 years in the insurance and reinsurance industry. He has been involved in the Chinese insurance market since 2003, first as free lance loss adjuster then as insurance broker specialized in property and liability insurance. He is going to present why, now in China, credit insurance is becoming a common cover, companies operating here are looking for.

Benoit GANZMANN is the CEO and Head of China Global solutions (China Desk) at Coface China.

He has spent the last 18 years in the “Trade Credit Insurance” Industry, occupying different positions
(Mainly Credit Risk Management) in different countries (The last 13 years in Asia Pacific Countries). He is going to present the value of Credit insurance in an uncertain environment and go through solutions that Companies in China can adopt to protect their most important assets, their receivables and how they can also potentially leverage on them through financial solutions.