Re-brand marks the specialist credit and political risk insurance (CPRI) broker’s progression and reiterates its determination to build on its market-leading position. London, UK. 5th June 2017. BPL Global, the leading specialist credit and political risk insurance (CPRI) broker, has unveiled a new logo and website. James Esdaile, Joint Managing Director, says: “At BPL Global, […]
Exporters
Exporters have always been key clients of BPL Global, and we represent some of the world’s largest engineering, manufacturing and construction companies. We structure insurance products tailored to the individual needs of the exporter and the underlying terms and conditions of their contracts.
Our Products: Exporters
Comprehensive Non-Payment Insurance:
Pre-shipment and On-Demand Bond Insurance:
Political Risk Insurance:
Our expertise and experience
From our origins, BPL Global has acted for some of the world’s largest exporters and we have a wealth of experience in adapting policies to respond to the specific terms and conditions of complex export contracts. We provide high-quality insurance advice and tailored insurance solutions, helping exporters to manage their risk as they expand their business and global reach.
We deal with over 50 insurers around the world that specialise in credit and political risk insurance (CPRI) with an aggregated capacity per risk in excess of US$2 billion and policy tenor capability of up to 15 years.
Our products
Our comprehensive non-payment insurance provides cover against default by public and private obligors without prescribing causation, thereby protecting exporters’ counterparty exposure to both commercial and political risks. Our non-payment policies can also provide protection against the non-honouring of guarantees or letters of credit, whether issued by governments, banks or corporates.
We structure pre-shipment and on-demand bond insurance policies to protect an exporter’s pre-shipment completion costs in the event of frustration of their export contract and against unfair calling of on-demand contract bonds.
We source political risk insurance for plant and equipment maintained and operated by our clients to perform contracts overseas – providing protection against government acts as well as political violence. The same type of coverage can be deployed for a client’s fixed assets or equity investments.
World Leading Expertise
We have unrivalled expertise in providing insurance products for exporters, and our claims record is testament to our leading position in the CPRI market.
Set against OECD Country Categories, our Medium-Long Term (MLT) portfolio statistics demonstrate that the private CPRI market has greater appetite for MLT risk in higher risk countries compared to government-backed ECAs, challenging accepted wisdom about the ECAs’ position in the market.
Why work with us
We pride ourselves on providing the highest levels of service to exporters 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 are in a position to 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 exporters. Since BPL Global’s establishment in 1983, we have settled over US$2 billion of claims for our clients.
Find out what sets us apart:
In the news
BPL Global has, for the seventh year running, been recognised as the industry’s leading specialist insurance broker after being voted “Best Trade Credit and Political Risk Insurance Broker” by the readers of Global Trade Review magazine in its annual Leaders in Trade awards. Sian Aspinall, Managing Director of BPL Global, comments: “We are delighted to […]
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 […]
Anthony Palmer, Deputy Chairman of BPL Global, joined the credit and political risk insurance (CPRI) market in 1975 a time when, in most countries, it often comprised of just one export credit agency (ECA) and one domestic insurer. The Lloyd’s market offered limited pure political risk cover, while export cover against pre-shipment risks was in […]
Emma Ashworth joins as a company Director, having spent the past 29 years at Willis, with 16 of those years as an Executive Director in its Credit and Political Risks division. London, 8th November 2016. Market-leading credit and political risk insurance (CPRI) broker, BPL Global, has hired Emma Ashworth as a Director. Ashworth has 29 […]
Writing for the Berne Union’s 2016 Yearbook, Charles Berry, Chairman of BPL Global, discusses the increasing competition between government export credit agencies (ECAs) and the specialist credit and political risk insurance (CPRI) market. In the article, Berry suggests that such competition is inevitable and appropriate given that both now often cover the same type of […]
Best Trade and Political Risk Insurance Broker 2013, 2014, 2015
Best Trade and Political Risk Insurance Broker 2012, 2013, 2015
Best Trade Credit and Political Risk Insurance Broker 2013, 2014, 2015, 2016