Credit and political risk broker BPL Global has promoted Lucia Petry to director of its French subsidiary.

Petry joined the company’s Paris branch as a broker in 2014, where she has since focused on French-speaking corporate client business, including developing new covers and offering alternatives to traditional breach of contract policies and products.

In her new role, she will continue to support BPL Paris’ French-based team while expanding her managerial and business development remits, including assisting in more complex, specialised cases.

“As demand for longer-term financing in our market increases, I am keen to see how we can develop the credit and political risk insurance product further in terms of policy tenors and capacity to service this need for our clients,” Petry says.

Petry has previously worked in credit and political risk broker roles at Aon and Platus, and prior to that worked as a lawyer.

Commenting on her appointment, Paul Torrington, CEO of BPL’s Paris office, says: “Lucia has made a significant contribution to our French operations since her arrival at BPL Global four years ago. Her enthusiastic approach to developing new business and designing new products has impressed many in the French market.”