Contractors

BPL Global can help contractors operating in emerging markets to deal with financial and political risk. Where possible we aim to be closely involved at the pre-tender stage to assist clients identify all relevant risks. This enables the adaptation of insurances to meet the requirements of individual contracts.

• Receivables and work-in-progress can be insured against non-payment by both public and private buyers, currency inconvertibility and termination of contract due to war, repudiation, embargo and licence cancellation.
• If required, cover can be tailored to meet the requirements of financing banks.
• Coverage is also available to protect against the unfair calling of bonds.
• For contractors with mobile plant located in emerging markets, our specialised political risk insurance for mobile assets provides protection against loss or abandonment in the event of insurrection, civil war and similar perils.