In the week before he becomes a non-executive director, Anthony Palmer speaks to GTR magazine about his 41 years in the credit and political risk insurance (CPRI) industry, exploring the market’s evolution in terms of the number of players, the products and the types of clients.
Looking to the future, Anthony describes the likely continuation of a healthy balance of supply and demand in the CPRI market; with 50 active insurers and an ongoing need from banks for the product, as well as from multinationals, commodity traders, contractors and exporters. He also discusses the opportunities for the market’s further expansion in the Middle East, as well as Asia Pacific.
“For the CPRI market in general, and for BPL Global in particular, the future is therefore bright,” Anthony concludes. “We have had succession plans in place for some time and the company is in excellent hands to steer us through the next few decades.”
Read the full interview here.