Sace

SACE is the Italian insurance-financial company, controlled by the Ministry of Economy and Finance, specializing in supporting businesses and the national economic fabric through a wide range of tools and solutions to support competitiveness in Italy and around the world. For over forty years, SACE has been the reference partner for Italian companies that export and grow in foreign markets. It also supports the banking system to facilitate access to credit for companies with its financial guarantees, with a role reinforced by recent extraordinary measures that have expanded SACE's mandate beyond the traditional support for exports and internationalization, adding important elements such as support for business investments on the domestic market and guarantees for green projects in the implementation of the Italian Green New deal. A new mandate that makes SACE an institution committed to promoting the development of the country system. With a portfolio of insured transactions and guaranteed investments of € 166 billion, SACE serves over 33,000 companies, especially SMEs, supporting their growth in Italy and in around 200 foreign markets. Through its role as export credit agency, carried out for over 40 years, SACE supports Italian companies exporting to and expanding in foreign markets. Its wide range of insurance-financial solutions, increasingly digitized and mostly dedicated to SMEs, accompanies firms throughout the internationalization process: from the first stages in which it is essential to know and evaluate their counterparts, to highly specialized risk management tools such as credit insurance services and investment protection; from the guarantees necessary for participation in tenders to the financial guarantees to access liquidity; up to factoring and last resort services such as debt collection. The wide range of insurance and financial solutions, as well as the attention to the digitisation of its offer, earned SACE the first place in the Global Brand Award for the "Best Trade Credit Insurance Brand - Italy" and "Excellence in Digital Trade Credit Solutions - Italy" categories. SACE's mission has been expanded and strengthened in 2020 by a number of legislative measures in response to the global pandemic crisis and allows SACE to go beyond the traditional support to exports and internationalisation, also helping Italian companies on the domestic market, in both the emergency and recovery phases, playing a key role in the implementation of the National Recovery and Resilience Plan. Through this reinforced role SACE will play a key role in Italy's recovery, supporting Italian firms liquidity and the Country's green transition.