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Introducing BPL Surety

BPL now has a new business line dedicated to surety-based solutions: BPL Surety.

Established in 2026, BPL Surety seeks to support corporates and financial institutions seeking solutions for global guarantee requirements.
Though BPL has helped to introduce new structures to the surety market since 2018, BPL Surety expands and strengthens our offering and expertise in this area.

The BPL Surety Advantage

Our team has extensive experience in broking and underwriting roles – we therefore have the framework to deliver world-class surety solutions to our clients.

We have secured surety solutions for clients across a wide range of sectors, geographies, and deal structures – from standard bilateral facilities to complex syndicated arrangements around the world. Our experience helps us identify solutions that are not always obvious from a more traditional viewpoint.

As an independent, majority employee-owned broker we see ourselves as a long-term partner for our clients’ surety and capital strategy. Using surety as an alternative capital source helps us work with clients to:

  • Secure new and additional bonding/ guarantee capacity
  • Diversify their creditor base and improve liquidity availability
  • Improve capital management and IRR metrics

Over the past decade, our surety experts have built strong, established relationships across the surety market that allow us to negotiate effectively to deliver reliable outcomes for our clients.

Access to global surety hubs

BPL Surety operates across three regional hubs – London, Paris and Geneva – with access to global surety markets. We operate as a single global team, ensuring seamless service for clients, wherever they are.

By Guarantee type

We can deploy surety to cover a variety of obligations, including the two main guarantee types:

  • Advance payment
  • Performance
  • Retention
  • Warranty
  • Appeal/Litigation
  • Custom/Import/VAT
  • Decommissioning/Rehabilitation
  • Equity contribution
  • Pension
  • Section
  • Travel
  • Deferred consideration

By Structure

While this is not an exhaustive list of those with which we can support, we have outlined the most common facility structures below.

  • Counter-indemnity agreed between the Surety and the Principal
  • Replicable across multiple surety providers
  • Guarantees issued when required and can be shared across surety providers
  • Recourse agreed between a group of sureties and/or banks
  • Able to sit alongside debt facilities to improve capital utilisation
  • Uncommitted and committed structures available to adapt to expected usage
  • Facilities to support portfolio companies’ requirements, deferred consideration, or backstop guarantees in an acquisition
  • Security dependent on requirement and obligation type
  • Project finance solutions available on case-by-case

Please note:

  • Sureties cannot support guarantees relating to debt repayment or credit enhancement
  • Recourse and structure depend on financial strength, creditworthiness, and type of guarantees
Stacked shipping containers under large port cranes with identification numbers in a container terminal

The BPL Surety Team

To find out more about BPL Surety and its offerings, please get in touch.

Tom Parrott

Director London

Danielle Upton

Director London

Philippine de Villèle

Director Geneva

Edouard Huberdeau

Director Geneva

George Bellord

Director Paris

BPL Surety Insight

BPL is the world’s leading broker specialising in credit and political risk insurance (CPRI) for multinational corporations, financial institutions, global investors and public agencies.