Watch the latest episode of BPL Pulse featuring Hugh Friel, Vice President, Structuring, Africa at Frontclear. He joins BPL Global Director Charlotte Hampshire to discuss the role of DFIs in enhancing the stability of money markets in emerging economies, and Frontclear’s approach to delivering support to these regions. We’ve spent a lot of time in-country, […]
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$2.8 billion of claims for our clients.
Find out what sets us apart:
In the news
BPL Global’s James Cook and Jonny Carruthers joined Özlem Özüner from Allianz Trade for a new edition of the LIBF Centre for Digital Banking & Finance Trade Finance podcast series. The discussion focuses on the history and future of Trade Credit Insurance, provides insights into technological advancements and embedded finance, and delves into e-commerce innovations.. […]
BPL Global has committed to support charities WeSeeHope and Justice and Care for another three years BPL Global has been a proud supporter of WeSeeHope and Justice and Care for many years, and has renewed its investment in both organisations until at least 2025 in recognition of their vital work and the successful partnerships to […]
We are pleased to announce a number of changes to BPL Global’s senior management team as part of the latest steps in our succession plans and long-term commitment to remain an independent, employee-owned broker. Our two Managing Directors, James Esdaile and Sian Aspinall, move into new roles. James becomes Chairman, assuming the role from Charles […]
Discussions related to political violence may assume that coverage can be divided into one of two distinct categories: terrorism or war. This assumption can often lead to insufficient coverage especially in deteriorating geopolitical climates, highlights Zoe Towndrow, Practice Lead, Political Violence at BPL Global. Speaking on a recent ‘Tuesdays With Lloyd’s’ webcast, Towndrow says that […]
BPL Global was announced Lloyd’s and London Market Broking Team of the Year at the British Insurance Awards in July 2022. “A true specialist, BPL’s expertise and value to the Lloyd’s and London market underlined its credentials as the winner of Broking Team of the Year. From a commitment to developing markets in support of […]
