Simon became a Director of Texel Finance Limited in 2012 and manages a team of brokers placing political and trade credit risk insurance for bank, trader and corporate clients. In addition to his management duties, Simon specialises in structuring and negotiating insurance policies to meet clients’ risk management and regulatory needs and has a successful track record placing insurance for complex and/or difficult risks. Simon joined Texel in 2007 after 4 years at Jardine Lloyd Thompson (JLT) where he worked as research analyst and then as a broker in the Credit and Political Risk team where he placed insurance for commodity trader and financial institution clients. Simon graduated from Bath University in 2003. Texel Finance Limited is a Lloyd’s registered and FSA regulated specialised credit and political risk broker, with a deep knowledge base of commodities and structured trade finance. Texel Finance’s parent company also owns Texel Asia Pte Limited, a Singapore-based broker, as well as Texel Capital Limited, which originates, structures, and distributes structured trade finance transactions.
TFG caught up with Private insurance and risk mitigation experts Simon and Carol from The Texel Group, speaking on policies, types of insurance product, where the CPRI market might be headed in a post-pandemic world and appetite in 2020.