Solunion launches operations in Costa Rica


Solunion, the expert in trade credit insurance, has commenced operations in Costa Rica with support from MAPFRE, its joint shareholder with Euler Hermes. Companies in Costa Rica can now access a wide range of credit risk insurance products and services from Solunion to cover their trade operations in both domestic and international markets. 
MAPFRE Costa Rica will issue credit insurance policies for local companies, while Solunion Mexico will provide risk management and service support. 
"Costa Rica is growing at a good pace," said Fernando Pérez-Serrabona, CEO of Solunion. "Its strategic position on the American continent and its positive economic development in recent years provides promising opportunities for business growth within Costa Rica and, more broadly, with other countries in the region. Solunion wants to be part of this evolution, becoming the trusted partner for local businesses and helping them to successfully develop their operations."
According to World Bank forecasts, the GDP of Costa Rica will grow by 3.9% in 2017, maintaining a high growth level after achieving 4.3% in 2016. The World Bank is also confident that the professional, scientific and technical activities of the country, as well as its support services and dynamic tourism sector, are working in concert to strengthen growth in Costa Rica, which has a stable democratic political framework.
Costa Rica joins 10 other countries in Latin America where Solunion offers its credit insurance solutions and services adapted to the needs of companies of all sizes and in a wide range of business sectors.