Our comprehensive non-payment insurance provides cover against default by public and private obligors without prescribing causation, thereby protecting commodity traders’ counterparty exposure to both commercial and political risks. We can tailor the non-payment product to cover any derivative of a client’s credit exposure – whether that be straightforward trade finance or market-to-market risk. Our non-payment policies can also provide protection against the non-honouring of guarantees or letters of credit, whether issued by governments, banks or corporate institutions.
We can source prepayment insurance which provides protection against counterparty performance risk for both commercial and political reasons – particularly relevant for pre-export finance transactions.
We provide political risk insurance for clients’ exposure to their stocks of commodities around the world – protecting them against capricious acts of government as well as political violence. The same type of coverage can be deployed for a client’s fixed assets or equity investments.
Why work with us
We pride ourselves on providing the highest levels of service to commodity traders across the entire insurance placing process, and have some of the most experienced brokers in the CPRI market.
Drawing on our strong technical expertise and access to a wide network of insurers, we can exploit the competitive dynamics of the insurance market to secure the right coverage at the best price for our clients.
Our products are validated by ensuring that claims are paid in full and on time, and this underpins every aspect of our client servicing to commodity traders. Since BPL Global’s establishment in 1983, we have settled over US$2.4 billion of claims for our clients.
We structure our broking teams, which are each lead by an experienced director, to meet clients’ specific needs.