BPL Global and EQUA Specialty Risk Partners Corporation (EQUA) have today announced that they have signed a partnership agreement, effective immediately. Based in Canada, EQUA is a risk management and insurance brokerage firm offering customized solutions for specialty lines and will bolster specialist credit and political risk insurance (CPRI) broker BPL Global’s worldwide reach and largest broking team in the market.
The exclusive partnership will ensure both an enhanced presence in North America and a seamless service for the brokers’ clients operating in and out of Canada. Under the agreement, the brokers will coordinate to access regional markets, provide expertise on policy wordings in line with Office of the Superintendent of Financial Institutions (OSFI) guidelines, and offer capital relief solutions for banking and large corporate clients across the region.
Evan Freely, Director and Head of the Americas, BPL Global, said: “We are delighted to have joined forces with EQUA to service the increasing demand for CPRI in Canada, particularly within growing areas such as renewable energy. As highly respected experts in our market who are similarly committed to their independence, EQUA were the obvious partner for us to take this ambition forward and strengthen our foothold in North America.”
Dave Richards, CEO and Founder, EQUA, said: “We are honoured to partner with BPL Global, an industry leader whose expertise enhances the Canadian CPRI landscape. This strategic development is a testament to our shared specialty broker culture and commitment to aligning with the very best global talent to support our clients’ needs.”
The move is the latest in BPL Global’s expansion into the North American region, following the opening of its New York office in April 2019.
EQUA Specialty Risk Partners Corporation (EQUA) is a specialty risk insurance brokerage with highly customized solutions, a client-first approach, and a bold company culture. Founded in January of 2020 by industry veterans with deep-rooted networks and a drive to offer insurance and risks solutions in a new way, EQUA has quickly grown to become a team of more than thirty employees with offices in Toronto, Calgary, and Regina. Learn more at equaspecialty.com.