BPL Global has opened a UK Branch of its French subsidiary, Berry Palmer & Lyle SAS, to service its existing European Economic Area (EEA) business and be fully ready for Brexit, whatever final form it takes. Based in Paris, Berry Palmer & Lyle SAS has been serving the needs of French banking, exporter and corporate […]
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 of approximately US$3 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$2.4 billion of claims for our clients.
Find out what sets us apart:
In the news
BPL Global’s Chairman, Charles Berry, has been appointed as the President of the Insurance Institute of London (IIL). Berry, who succeeds Nicolas Aubert, CEO, Willis Towers Watson GB, will serve in office for the 2019-20 term alongside new Deputy President Anthony Baldwin, CEO and Board Director, AIG UK. Delivering his first presidential address at the […]
In an exclusive interview with INTO AFRICA, BPL Global Directors, George Bellord and Sam Evans, discuss the impact that the current global political and economic climate is having on the demand for trade credit insurance. The credit and political risk insurance (CPRI) market is well known for its adaptability and being quick off the mark […]
BPL Global has been awarded the title “Best Trade Credit and Political Risk Insurance Broker” at Global Trade Review’s (GTR) Leaders in Trade awards, and “Best Insurance Broker” in Trade Finance Analytics’ Awards. This year marks the ninth in a row that BPL Global has been recognised as the leading CPRI broker in GTR’s annual […]
In Insurance Day’s “Big Interview”, our Managing Directors, Sian Aspinall and James Esdaile, discuss how BPL Global is thriving as an independent, monoline broker despite increasing industry consolidation. “We think the market has the potential to grow exponentially,” says Sian Aspinall. “We are in a very strong position…by having the right people present in the […]
In the latest issue of Reactions, our Managing Director, Sian Aspinall, discusses how the political risk insurance market performed in 2018 and the current state of play across the wider credit and political risk insurance (CPRI) industry. “Maximum per-risk capacity available for political risk rose to $3.2bn, representing a $200m increase from 2018 and indicating […]
