UAE: BPL Global opens office in DIFC
Source: Middle East Insurance Review | Sep 2015
BPL Global, the international specialist credit and political risk insurance (CPRI) broker, is targeting further growth with the opening of its Dubai representative office.
The office, based in the Dubai International Financial Centre (DIFC), will be headed by Ms Harriet Smith. She joined BPL Global in 2011 and in recent years has focused mainly on medium- and long-term business for European corporate and banking clients. Her previous experience includes working in the Middle East as an analyst.
BPL Global Chairman Charles Berry said in a statement: “Dubai is becoming an important hub for global business with an increasing number of our multinational clients, as well as insurers, establishing a presence in the DIFC. This move will allow us to continue to follow our existing clients’ global expansions, as well as putting us in a strong position to develop new business locally.”
Ms Smith added: “The banking, commodity trading, engineering and construction industries in Dubai offer significant opportunities for the CPRI market, with which BPL Global is synonymous, and I’m excited at the prospect of contributing to our growth in the region.”
The move takes the number of BPL Global offices to five – joining London, Paris, Singapore and Hong Kong.