From June 3, COSEC is Allianz Trade in Portugal, adopting Allianz Trade brand identity. This change comes after Allianz Trade became COSEC's sole shareholder in 2023, following an agreement in which it acquired BPI's 50 per cent stake in COSEC.
Following the acquisition, COSEC become a full member of Allianz Trade, global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. For over 100 years in the market and fully part of the Allianz Group since 2018, Allianz Trade provides companies of all sizes with powerful tools to expand their business and protect their assets by anticipating and mitigating risks. Thanks to its financial strength it supports global trade and economic development, continuously looking for new and innovative ways to enable companies’ to grow with confidence.
Our care and dedication remain true to the professionalism and quality that have guided us for over 50 years in Portugal.