BPL Global has once again been recognised as the industry’s leading specialist insurance broker after being crowned “Best Trade Credit and Political Risk Insurance Broker” for the fifth year running in the 2014 GTR Leaders in Trade awards. The accolade follows swiftly on from BPL Global being elected “Best Trade Credit Broker” by readers of Trade & Forfaiting Review, where it beat Willis and JLT Specialty into second and third place respectively.

Commenting on the achievements, Charles Berry, chairman of BPL Global, said: “To be recognised with these awards is a great endorsement of our specialised approach, and of our dedication to achieving better, cheaper and more readily available credit and political risk insurance for risks in emerging economies. At the same time, it speaks for the resilience and success of the CPRI market as a whole, which has sustained appetite for covering risks in difficult markets. Indeed, the market has successfully broadened its footprint in Asia this year, while also making further inroads into the medium- to long-term export credit business where private insurers have the appetite, capacity and credit rating to offer an alternative to traditional ECA cover.”