About Berry palmer & lyle ltd. (bpl global)
Berry Palmer & Lyle Ltd. (BPL Global) is a renowned insurance broker that specializes in credit and political risk insurance (CPRI). With over 35 years of experience, BPL Global has established itself as the world's leading CPRI broker, providing innovative solutions to clients across the globe.
The company was founded in 1983 by Charles Berry, Anthony Palmer, and Charles Lyle with a vision to provide specialized insurance services to businesses operating in emerging markets. Since then, BPL Global has grown into a global enterprise with offices in London, Paris, Hong Kong, Singapore and New York.
BPL Global's expertise lies in providing tailored solutions for clients facing complex risks associated with international trade and investment. The company offers a range of products including political risk insurance (PRI), trade credit insurance (TCI), surety bonds and other related products.
Political risk insurance protects businesses against losses arising from political events such as expropriation or nationalization of assets by foreign governments or civil unrest. Trade credit insurance provides protection against non-payment by buyers due to insolvency or other reasons beyond their control. Surety bonds are financial guarantees that ensure contractual obligations are met.
BPL Global's team of experts comprises experienced underwriters who have an in-depth understanding of the risks involved in international trade and investment. They work closely with clients to identify potential risks and develop customized solutions that meet their specific needs.
The company has an impressive track record of successfully resolving claims for its clients. In 2019 alone, BPL Global settled claims worth over $100 million on behalf of its clients.
In addition to its core business activities, BPL Global is committed to promoting sustainable development through responsible business practices. The company is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and actively supports initiatives aimed at promoting environmental sustainability.
Overall, Berry Palmer & Lyle Ltd. (BPL Global) is an industry leader in the field of credit and political risk insurance. With its global reach, innovative solutions, and commitment to responsible business practices, BPL Global is well-positioned to meet the evolving needs of businesses operating in today's complex international environment.