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 […]
Our Markets
We have access to all insurers participating in the specialist credit and political risk insurance (CPRI) market, which number in excess of 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 15 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 seven 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 over the past 35 years; 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’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 […]
