With BPL New York LLC now established as one of its wholly-owned subsidiaries, BPL Global – the leading CPRI broker – is delighted to announce the appointment of Gabe Mansky and Andrea Friedman. Mansky and Friedman, who both join BPL New York from Arthur J. Gallagher, will be primarily focused on Israeli-based corporations and banks, […]
Our Markets
We have access to all insurers participating in the specialist credit and political risk insurance (CPRI) market, which number over 50 across five regional insurance hubs. There is substantial global breadth and strength to the CPRI market, demonstrated by its resilience to economic and political uncertainty and events over many decades.
The breadth of our markets
The CPRI market’s aggregate capacity has increased year-on-year, more than doubling in size from pre-2008 levels – demonstrating both its significant depth and resilience. Likewise, the CPRI market’s appetite to underwrite extended policy periods –in excess of 20 years – has increased substantially in recent years. With over 50 insurers participating in the CPRI market with a combined theoretical capacity of approximately US$3 billion per transaction, it is a dynamic and competitive environment.
We have access to all insurers operating within the CPRI market, encompassing Lloyd’s syndicates, the wider company market in London and other regional insurance hubs.
We pride ourselves in marketing each transaction extensively to obtain the most appropriate cover at the best available terms. With the largest specialist broking team in the CPRI market operating across six global offices, we ensure efficiency of service for our clients. We believe in face-to-face negotiation in order to understand insurers’ differing appetites and underwriting capabilities so that we can match these effectively with the needs of our clients.
World Leading Expertise
With over 50 insurers – both at Lloyd’s and in the wider company market – with a combined theoretical capacity of approximately US$3 billion per transaction, the CPRI market is a dynamic and competitive environment.
Our market’s aggregate capacity has more than doubled in size from pre-2008 levels, with all insurers’ credit ratings in the single A category or above.
The strength of our markets
All insurers we access have credit ratings in the single ‘A’ category or above, and our Security Committee assesses and approves the financial security of each insurer we approach. In addition, we can support our clients’ counterparty approval procedures by facilitating meetings with insurers as needed.
Our markets’ innovation
We are widely recognised amongst our peers as having been at the forefront of every major development and innovation in the CPRI market since 1983: from supporting the Lloyd’s market’s initial entry into trade credit insurance and expanding the breadth of political violence coverage for corporate investors, through to ensuring policy wordings adapt to fit complex regulatory banking requirements and address fundamental changes in insurance law under the Insurance Act 2015.
We believe in working with our markets to develop products that recognise the changing needs of our clients’ businesses.
Find out what sets us apart:
In the news
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 […]
Lloyd’s is proposing to transfer certain EEA insurance policies to Lloyd’s Brussels. The proposed transfer will not change terms and conditions of any policy, except that Lloyd’s Brussels will become the insurer and Data Controller in respect of the transferred policies. Further information about the proposal (including whether it could affect your pre-transfer position), which […]
Now that just over two months have passed since the World Health Organization declared Covid-19 a global pandemic, we have produced an analysis of how the crisis is affecting credit and political risk insurance (CPRI) and the response of our market thus far. Read it here.
The human consequences of the coronavirus pandemic are all too clear. The full economic impact of the various government lockdowns in place around the world are yet to emerge. However, even at this stage it is certain that the impact on the global economy will be massive: probably beyond any of our experiences. The impact […]
BPL Global has today published its annual Market Insight report revealing that the oil, mining, metals and extractive industries continue to make up the largest proportion of demand for CPRI coverage. Around a third of all BPL Global’s 2019 enquiries related to these sectors – of which around half were bank-financed deals. Commenting on the […]
