Following the announcement last week that BPL Global is to open a joint venture with EIA Global in New York, James Esdaile, Managing Director, assesses what the CPRI product can offer US financial institutions and exporters in an article in ExCred New York’s supplement for its inaugural conference this week. Esdaile breaks down the claims […]
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 over US$2 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 five 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 over US$2 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 30+ 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 is delighted to announce that it has signed a memorandum of understanding with EIA Global to form a joint venture insurance broking company in New York. The joint venture will focus on global financial institutions which will benefit from its globally-integrated specialist credit and political risk insurance (CPRI) broking services. As client demand […]
In a “60 second interview” with Trade & Forfaiting Review, Sian Aspinall, Managing Director, says that the CPRI market is growing in strength, with significant demand from banks using the product as a credit mitigation tool under the Basel framework. Meanwhile, Aspinall suggests that the private market has established itself as a credible and respected […]
The leading credit and political risk insurance broker has obtained a brokerage license to allow it to undertake insurance intermediation in the Dubai International Financial Centre (DIFC). London/Dubai. 4th September 2017. BPL Global, the leading specialist credit and political risk insurance (CPRI) broker, has been granted a brokerage license by the Dubai Financial Services Authority […]
In an opinion article for Trade & Forfaiting Review, James Esdaile, BPL Global’s joint Managing Director, explains that heightened political instability and banking capital regulations have driven exponential growth in the specialist Credit and Political Risk Insurance (CPRI) over the past few decades. However, to take the next step, Esdaile writes, the market needs to […]
After 27 successful years in London, ExCred will also take place in New York this year for the first time, providing a forum for brokers, corporates, banks, insurers, ECAs and MDBs to discuss how credit and political risk insurance (CPRI) can best support international trade and investment. BPL Global has been announced as the gold […]
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