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BPL Global, the leading credit and political risk insurance (CPRI) broker, today announced the appointment of Lucia Petry as Directeur of its French subsidiary, Berry Palmer & Lyle SA. Since joining BPL Paris in 2014, Petry has immersed herself in helping exporters and investors effectively use CPRI products to minimise risks abroad.

In her role as Directeur, Petry will continue to support BPL Paris’ French-based team while expanding her managerial and business development remits. While being focused on French-speaking corporate client business, Petry has played a key role in developing new covers for French investors, offering alternatives to traditional breach of contract policies and MIGA products. As a former lawyer, Petry’s experience in dealing with international contracts has underpinned her proficiency in placing policies for BPL Paris’ clients operating globally.

Petry comments: “This year has been a year of milestones for BPL Global and, now, a personal one for me. I look forward to taking on increased managerial duties alongside day-to-day broking, while assisting in more complex, specialised cases. As demand for longer-term financing in our market increases, I am keen to see how we can develop the CPRI product further in terms of policy tenors and capacity to service this need for our clients.”

Paul Torrington, Président Directeur Général, BPL SA, comments: “Lucia has made a significant contribution to our French operations since her arrival at BPL Global four years ago. Her enthusiastic approach to developing new business and designing new products has impressed many in the French market. I have no doubt she will continue to excel in her new role.”

James Esdaile, Managing Director, adds: “Lucia is an integral part of our BPL Paris team and is highly valued by our exporting clients for her close support and exhaustive knowledge of their sectors. Her appointment to Directeur tells both of this and our belief that she will excel in growing her team, building long-lasting relationships and fostering new client business.”

Petry holds two Master’s degrees; one in Industrial Property Law and the other in Public & Private European and International Law. She is fluent in both English and French and regularly carries out transactions in both languages.