Paul Torrington has over 35 years’ experience in the credit and political risk insurance market and is the Président et Directeur Général (PDG) of Berry Palmer & Lyle SA, BPL Global’s French subsidiary. He has wide experience throughout Europe, particularly in France, Germany and Italy.
Paul joined BPL Global in 1985 and was appointed to the Group board in 1992. In addition to his London based team, Paul is responsible for running BPL Global’s French subsidiary, set up in 2001 following the acquisition of a local broker. Paul’s team of four Paris-based brokers focus on the established French corporate market whereas his team in London work primarily with corporate and banking clients based in Germany, Italy and Holland.
Almost half of Berry Palmer & Lyle SA’s book is in Africa, providing contract frustration insurance covering exporters’ short-to-medium term business, predominantly in areas such as infrastructure, transportation and power. He and his team are also focused on providing sophisticated investment insurance products covering exposures in emerging markets, particularly for the power and water sectors. Paul has, on numerous occasions, co-operated with the French ECA, Coface, for the benefit of clients.
In London, in addition to helping German and Italian corporate exporters, Paul’s team focuses on several large international commercial banks based in Holland and Germany, helping them to mitigate credit and political risk associated with their lending books.
An expert in political violence and confiscation insurance
Paul is a well-respected expert in political violence and confiscation insurance, providing policies to a number of clients in France, Germany, as well as Turkey.
Alongside BPL Global’s founders, he has contributed significantly to the development of the market as a whole, especially post-9/11, focusing on convincing corporates, lenders and investors of the need for wider cover than stand-alone terrorism policies to mitigate war risks in emerging markets.
As a Modern Languages graduate from Cambridge University, Paul’s first role was as a broker at III, the political risk subsidiary of Hogg Robinson, where he spent two years.
Berry Palmer & Lyle Limited
52 Lime Street