Leading specialist credit and political risk insurance (CPRI) broker brings technical expertise to New York with claims seminar.

New York Claims Seminar

BPL Global marked the opening of its New York office on 26th March with an event bringing together some of the region’s leading experts in the CPRI industry. The event, titled “The Shop Window”, consisted of three sessions where key market players provided their personal insights into the CPRI market claims process from the perspective of clients, loss adjusters, and insurers.

The three sessions comprised:

  • BPL Global’s Managing Director, James Esdaile, and Anne Marie Thurber, Group Head of Export and Agency Finance Americas at SMBC, outlining how banks’ expectations are met through the claims process;
  • James Reynolds, Director at BPL Global, and Tim Bradford, CEO of Leadenhall, the only dedicated CPRI-adjusting firm in the world, discussing the loss adjustor’s role;
  • John Lavelle, President of BPL Global New York, and Jim Thomas, Head of Credit and Political Risk at Everest, wrapping up by providing insight into the insurer perspective.

James Esdaile, Managing Director, BPL Global, commented: “Our opening in New York not only cements our global presence – ensuring a seamless, cross-border service – but also allows us to extend our wealth of regional expertise to clients throughout the Americas. This seminar encapsulated exactly what makes us unique: specialist technical knowledge, extensive expertise with unparalleled market access, and a dedication to finding tailored solutions to our clients’ needs.”

Since its establishment in 1983, BPL Global has settled over 470 CPRI claims for clients worth in excess of US$2.5bn and arising from losses occurring in over 90 countries. The New York entity is the latest addition to our office count, joining London, Paris, Singapore, Hong Kong, Dubai and Geneva.