The MGA’s vehicle transportation policy caters for operators of all sizes that move vehicles, from single vehicle transporters to national transportation companies.

This includes on behalf of the manufacturer, dealership, garage or private owner and while operating as a subcontractor for haulage and related companies. The policy also offers sector specific extensions of cover.

Backed by A-rated capacity from a number of leading UK insurers, the expanded risk appetite allows Fiducia to provide cover for a broad range of vehicle transporter businesses.

Commenting on the new policy, Fiducia underwriter David Heeney said: “Many of our broking partners work with vehicle transportation clients, ranging from sole traders to multi-vehicle operators. However they can find it challenging to obtain comparative Freight Liability quotes for these risks.

“By extending our risk appetite to include vehicle transportation, we further support their ability to offer competitive alternative cover, backed by access to our experienced underwriters and high service standards.

“We are looking forward to working with our broking partners who have existing vehicle transportation business due for renewal or who are exploring new business opportunities within this sector.”

Fiducia specialises in freight liability, marine cargo, engineering insurance, combined liability and terrorism covers. The company is 100 per cent backed by leading Lloyd’s syndicates and UK based insurance companies.

Fiducia CEO Gerry Sheehy added: “We understand the need for comprehensive, bespoke and secure insurance protection for vehicles whilst being transported.

“As an MGA, we have built a reputation for our level of service and the ‘can do’ approach to risks and solutions that we take.

“We believe our new vehicle transportation policy will enable us to support our brokers who are looking to access an alternative market for these risks”.

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Danielle Gilbert, who has joined the Leeds-based MGA as an assistant underwriter, brings more than 20 years’ experience across both broking and underwriting.

In her new role, Danielle will support Fiducia’s underwriting team across its specialist product lines, helping to ensure efficient policy administration and a responsive service for its broker partners.

This includes assisting with policy renewal invitations and confirmations, preparing management reports and issuing new business documentation.

Commenting on her new role, Danielle said: “Fiducia has built a strong reputation in the specialist market for its service-led approach and knowledgeable underwriting team.

“I’ve joined at a really interesting point in the company’s growth and look forward to supporting the team as we continue to deliver high standards for brokers across the UK, European and international markets.”

Fiducia specialises in marine cargo, freight liability, engineering, marine equipment, fine art and specie insurance alongside excess of loss and terrorism covers. The company, which was established in 2016, is backed by certain underwriters at Lloyd’s and other insurers.

Welcoming Danielle to the company, Fiducia CEO, Gerry Sheehy said: “Danielle brings exactly the blend of experience and ‘can-do’ attitude we value at Fiducia. She’s hit the ground running and has already made a strong impact.

“She will play a key role in supporting the team and strengthening our underwriting capabilities as we continue to grow our network of broking partners.”

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Graeme joins from Santander where he worked for seven years as a financial crime investigator. He brings more than 30 years’ experience within the marine insurance industry, having previously held both underwriting and broking positions.

In his new role, Graeme is tasked with developing Fiducia’s marine cargo and freight liability products across Scotland and the north east of England, as well as exploring cross selling opportunities of its other range of products.

Commenting on his appointment, Graeme said: “Fiducia has a strong reputation in the specialist insurance market for its responsive service, competitive terms and team of empowered, expert underwriters.

“I’m excited to join such a highly regarded business with the mandate to further expand its activity throughout Scotland and the north east of England.

“I am already advising a wide range of brokers to provide them with policies which meet their clients’ specific requirements and look forward to making more connections as we continue to expand.”

Welcoming Graeme to the company, Fiducia CEO, Gerry Sheehy, said: “Graeme is an excellent hire for Fiducia, bringing a wealth of experience within the marine insurance industry to our team.

“Scotland and the north east of England are opportune growth areas for Fiducia and Graeme has an established network of long-term broker relationships within them.

“His appointment allows us to further provide brokers in those locations with expert underwriting support and bespoke policies which will best serve their clients’ needs.”

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Fiducia has renewed its strategic partnership with Broker Insights, a leading provider of data analytics and market insights for the commercial insurance market. Under the renewed agreement, Fiducia will continue leveraging the Broker Insights VISION™ platform to deepen engagement across its broker network, enhance market visibility, and uncover new opportunities for growth.

Well known for its relationship-driven approach and high-quality service, Fiducia will continue to deploy VISION to increase visibility of in-appetite business and proactively connect with brokers to identify high-potential opportunities across relevant commercial lines, with a focus on marine, cargo and terrorism-related cover.

In April, Broker Insights announced the fourth major iteration of its VISION platform, which has been shaped by real-world feedback from forward-thinking brokers and insurers across all markets.

VISION’s enhanced functionality uses data-led insights to support brokers and insurers to deliver unparalleled value to clients. With a customer-centric focus, VISION’s engagement tools deepen relationships and foster collaboration by identifying in-appetite opportunities and linked policies, ensuring the right opportunities reach the right people at the right time.

Gerry Sheehy, CEO of Fiducia, said: “We believe our service is second to none, and we pride ourselves on having a relationship-first approach. Broker Insights helps us enhance those relationships by ensuring we’re reaching the right brokers with the right proposition at the right time.”

Peter Scott, CEO of Broker Insights, added: “We’re delighted that Fiducia is continuing its journey with us. Their team’s commitment to service and engagement is exactly what VISION is designed to support and we’re proud to help power their growth and broker relationships.”

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We pride ourselves on the fact our expert team of Underwriters and supporting Assistant Underwriters are focused, empowered and knowledgeable as they combine decades of expertise across specialised insurance markets.

At the heart of our business, as we provide policies to meet a wide range of risk and cover requirements,  is our market-leading service levels.

This means providing high quality and prompt service from an accessible team of decision makers for our broking partners and their clients.

By taking this approach, we can combine customer service and expertise to proactively liaise with our broking partners on a risk-by-risk basis and provide flexible policies for the benefit of the assured.

To illustrate how our approach has a meaningful impact, Development Underwriter Darren Pass has compiled testimonials from some of our broking partners to provide a snapshot of what working with Darren and Fiducia means to them.

Client Director, James said: “I’ve had the pleasure of working with Darren Pass for over 10 years in the insurance industry. Throughout this time Darren has consistently demonstrated exceptional honesty and professionalism to my client portfolio.

“Darren is always approachable and one of his most valuable traits is his responsiveness – no matter what time of day, he will always be on the end of the phone when needed.

“Darren is very knowledgeable in his sector, and I can always rely on him to follow through any difficult situation my clients with integrity and attention to detail.”

Donna, Sales Director, added: “Working with Darren makes life easy for Brokers. Very quick response, no nonsense and total honesty! His advice is invaluable and I trust him with all of my engineering risks.”

David, commented: “Whether we have a straightforward hired in plant requirement or a more complex engineering risk, having access to Darren and the team at Fiducia is invaluable.

“In particular, the technical knowledge that Darren has of the engineering market is first class. With some insurers now using online systems that can generate lengthy referrals, we are confident that when we pick up the phone and discuss the case with an underwriter, Fiducia will be there to help us find the right solution for our client.”

Corporate Sales Executive, Josh: “We’ve been working with Fiducia for a few years now. New relationships can take time to build, but from the moment we started working with Fiduci,a it was like we’d worked together for years.

“Darren and the team can’t do enough for you. From quick responses and turn around times to going on client visits to assist; Fiducia deliver genuine care which is sometimes the difference to us winning business and retaining business.

“Dealing with Darren and the team is effortless with them having the perfect mixture of professionalism and friendliness; they have an urge to help.

“Darren’s flexible approach is exceptional, prompt and attentive. Sometimes I’d say he knows what we need before we do! We appreciate the relationship Darren has built for us and hope this is just the start of many more years.”

Finally, Jaynie, Director commented: “I have had the pleasure of working with Darren Pass and Fiducia for several years, their expertise and professionalism have been invaluable.

“Darren consistently demonstrates a deep understanding of the industry and provides effective solutions to complex cases. Darren has assisted with placing risks during holiday periods when our Client has left things until the last minute to sort.

“It is rare to come across a business and underwriting team that are so responsive and reliable, and I would have no hesitation in recommending Darren to anyone seeking a first class underwriting approach.”

Interested in partnering with Fiducia?

To learn more about our range of specialised underwriting facilities, click here to view our products page or here to explore our factsheets.  

To discuss your specialised cover requirements with Darren, contact him on M: +44 783 415 4545 or E: darren@fiduciamga.co.uk. To view our team of expert Underwriters, click here.

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Fiducia COO Pat Dickinson, Development Underwriter Rachel Lilliott and Assistant Underwriters Charlotte and Chrissie Booth tackled the 24-mile course across some of Yorkshire’s most iconic and challenging landscapes in 11 hours and 30 minutes.

The team took part in the challenge during Mental Health Awareness Week 2025 to raise funds and awareness throughout the insurance industry for the vital work that the Mental Health Foundation does.

In England, one in four people will have a mental health problem of some kind, and one in six people will experience a common mental health problem such as anxiety and depression in any given week.

Good mental health is one of the most important foundations for a healthy life, and since 1949, the Mental Health Foundation has been committed to preventing poor mental health throughout the UK.

It does this by researching and developing ways to support and protect mental health, provide resources and work with local communities and partner organisations to share lessons and nurture good mental health.

Commenting on their achievements, the Fiducia team members said:

“The Yorkshire Three Peaks is a great opportunity to highlight the positives for taking time out to be in the great outdoors, providing a challenging, rewarding and feel-good experience. I’d encourage walking for your overall well being.” Pat Dickinson.

Chrissie Booth commented: “A very challenging but exhilarating experience. There’s nothing better than a good walk in the great outdoors to clear the mind and enhance your physical and mental health.”

Charlotte Booth added: “What a fantastic day! I’m very proud of our efforts, and so pleased that we’ve managed to raise money for such an important cause.”

Finally, Rachel Lilliott commented: “An incredibly tough yet inspiring experience. Being outdoors and surrounded by nature is a powerful way to improve mental well-being. It offers space to reflect, reset, and reconnect.

“This challenge was not only physically rewarding but also a meaningful way to support others on their mental health journey.”

If you would like to show your support for the team from Fiducia, you can donate via our JustGiving page here.

Any donation will provide valuable funds to help The Mental Health Foundation continue its essential work.

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The Combined Liability policy provides a broad range of cover including employer’s liability, public liability and products liability.

Backed by A-rated capacity from a leading UK insurer, the expanded risk appetite allows Fiducia to provide cover for a range of contractors. These include builders, groundworkers, plant hirers, skip hirers as well as contractors for electrics, plumbing, heating and ventilation.

The expanded risk appetite follows strong performance of its Combined Liabilities and Commercial Combined cover aimed at hauliers, couriers and warehousekeepers.

Fiducia underwriter David Heeney said: “We have seen a high uptake of our Combined Liabilities product for broking partners serving clients involved in supply chain and logistics operations. So, it makes sense to broaden our horizons and to complement our core Engineering products (Contract Works and Contractors Plant).

“In addition, a significant draw is our continued ability to meet the needs of clients who are facing substantial rate increases despite having a low risk profile by underwriting and pricing on an individual risk basis.

“By expanding our risk appetite to cover a wider range of activities, we can support broking partners by ensuring they are equipped to provide competitive cover with market leading capacity and service levels.”

Fiducia can also offer a Commercial Combined policy for these contractor trades protecting clients against material damage, business interruption, business all risk and commercial legal protection. The policy is aimed at SMEs but can be considered for larger risks.

Fiducia CEO Gerry Sheehy said: “Like many business sectors, our contractor clients are faced with changing risks. We want to ensure our broking partners have access to the right underwriting support.

“As an MGA, extending our Combined Liabilities cover this way represents a positive expansion in what we can underwrite to support our broking partners and their clients.

“It also reinforces the ‘can do’ reputation we’ve built in our specialised insurance market and gives us the ability to offer a one stop solution for Combined Liability / Commercial Combined, Contract Works and Contractors Plant.

“We’re looking forward to working with our broking partners who have existing clients and business due for renewal in the trades we can now support or who are exploring new market opportunities.”

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Stef, who joins from insurance broker Ravenhall Risk Solutions, has more than 20 years’ broking, underwriting, marketing and sales experience.

In her new role, Stef is working closely with Fiducia’s underwriting team to attract and retain new brokers whilst also supporting on policy renewals for existing broker clients.

Commenting on her new role, Stef said: “Fiducia has a great reputation for building strong relationships with brokers and working with them on a risk-by-risk basis to provide the ideal products and policy coverage required.

“I’ve joined a highly capable team of underwriters at Fiducia, and I am working closely with them to further enhance the service we deliver to our brokers, whilst also securing new partnerships.”

Welcoming Stef to the company, Fiducia founder and CEO, Gerry Sheehy said: “Stef’s immediate understanding of Fiducia and how we differentiate through our relationships, service levels and product flexibility has enabled her to quickly make a positive impact.

“We now look forward to her helping drive the continued expansion of our broker network by using her range of complementary skills and expert understanding of our markets.”

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Emma Harvey joins from Ravenhall Risk Solutions where she was an account manager. She brings eight years of experience in insurance, including commercial broking roles at Aon and Gauntlet Group.

In her new role at Fiducia, Emma will provide support to the team of underwriters who specialise in a range of insurance products.

This includes assisting with policy renewal invitations and confirmations, preparing management reports and issuing new business documentation.

Commenting on her new role, Emma said: “Fiducia has a strong reputation in the specialised insurance market for its client-first approach and a stand out team of knowledgeable, empowered underwriters.

“I’m pleased to be working closely with this expert team and play my part to help the continued delivery of  market-leading service levels in this exciting new chapter in my insurance career.”

Fiducia specialises in marine cargo, freight liability, engineering, marine equipment, fine art and specie insurance alongside excess of loss and terrorism covers. The company is backed by certain underwriters at Lloyd’s and other insurers.

Welcoming Emma to the company, Fiducia CEO, Gerry Sheehy, said: “Emma’s personable and professional approach means she aligns perfectly with the can-do attitude we have at Fiducia to support our broking partner relationships.

“Her experience within broker positions means she also understands the importance of having access to reliable underwriting support which prioritises service levels.

“Our expert team offers this in abundance and Emma’s support will become a vital asset in helping us cement our market-leading underwriting offer for our specialised markets.”

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Within the Engineering sector, tool theft is one of the most critical issues facing clients today, requiring appropriate cover and proactive risk management to mitigate losses.

Here, Development Underwriter Rachel Lilliott discusses the scale of the issue, key loss prevention strategies to help the Insured and what underwriting facilities from Fiducia are available.

Tool theft – a perennial and growing issue

According to the contractor community platform On the Tools and its whitepaper Tradespeople against Tool Theft, 78 per cent of tradespeople have experienced theft, with only one per cent fully recovering stolen equipment.

To put this into perspective, research from Direct Line Group found that in 2023, 44,154 incidents of tool theft were reported – or one every 12 minutes.

The government has attempted to address this issue through the Equipment Theft (Prevention) Act 2023, which targets thieves by measures such as restricting tool selling at car boot sales – a common offloading site. Time will tell whether this new law will tackle the demand and supply of stolen tools.

Ultimately, tool theft has significant consequences. A thief only needs to be lucky once, whereas tradespeople must be vigilant against the risks 24/7 to prevent loses and ensure they are covered when/if they become victims.

What tools do thieves target?

The On the Tools survey found that on average, a UK tradesperson is likely to have between £1,000 and £5,000 worth of tools stolen in just one incident.

Police data also highlights the variety of tools which are stolen. For example, an extensive investigation by Kent Police resulted in 3,500 stolen items being recovered. Types of tools in this ‘haul’ included drills and impact drivers, saws, angle grinders, generators, batteries and chargers.

Vehicles: a prime target

Although tools can be stolen from contractors both off and on site, vehicles are amongst the most prolific targets for tool thieves.

According to MoneySuperMarket, in London alone, tool thefts from vans have risen by 60 per cent in the last three years, from 7,646 in 2020 to 12,285 in 2023.

Tools can be stolen from vehicles at any time, but the risks are at their greatest when stored overnight.

So how can the Insured manage their risk exposure?

Hotel “secure” car park diligence

When contractors work away from home, many will look for overnight hotel accommodation and park their vehicle in the facilities provided. However, this often presents a significant risk exposure as criminals often target these sites.

Many hotels will advertise their parking facilities as “secure” to attract guests, with signs and visible security measures throughout. Yet this does not necessarily mean that it is “secure” from an insurance perspective, as these claims cannot be guaranteed.

It may, in fact, lead to complacency and a false sense of security from the Insured.

This highlights how diligence is essential. So what can the Insured consider when selecting a “secure” hotel car park?

• Don’t assume barriers and fencing mean a car park is secure – these might help prevent a van from being stolen, but it may not hinder a thief from accessing a car park and carrying away tools
• If there is CCTV, confirm with hotel managers that it is functioning and park vehicles in a visible, well-lit location.
• When exploring accommodation, select sites which are Park Mark® This is part of the Safer Parking Scheme which uses police assessors to inspect car park safety and security measures. Park Mark® facilities have reported an 80 per cent drop in vehicle related crime.

Security steps to consider

Alongside vigilance when identifying car park facilities, there are additional steps for the Insured to consider to help mitigate tool theft losses.

On vehicles:

• Upgrade lock and alarm systems and install window grills and bulkheads
• Install secondary alarms not controlled by the central locking system. These cannot be disarmed by thieves accessing the vehicle control panel or by ‘hacking’ central locking system signals

On tools:

• Use a property marking kit with tools and register items on a database to aid identification and hinder-resell efforts. For example, Immobilise™, Datatag™ and SelectaMark™.

When parking up:

• Where possible, park with the vehicle’s loading doors backed against a wall to prevent access and tools being unloaded
• If a vehicle fails to lock when the fob is pressed, this could be a sign that the signal is being blocked or jammed
• Always investigate quickly when an alarm goes off. A common tactic thieves use is to activate alarms to test reactions

Ensuring the right cover with Contract Works from Fiducia

To complement risk mitigation strategies, it is essential that tradespeople have access to the right cover when losses occur.

This is why our Engineering portfolio is flexible and designed to help meet the needs of the Insured.

Our Contract Works facility, available to broking partners and sometimes referred to as Contractors All Risks, provides main cover for physical loss or damage while contract works are in progress.

The policy benefits are far reaching and designed to cover a broad range of risks.

Flexibility comes from its extension abilities to include employee tools arranged either for the principal, contractor or sub contractor on an annual basis.

Alongside flexible cover and competitive premiums, broking partners have access to market leading service levels from experienced, empowered Underwriters.

Want to know more?

Our Contract Works facility is part of our Engineering portfolio of underwriting products. Our experienced and knowledgeable underwriters can provide competitive policies with price and cover levels.

To find out more and discuss your specialised cover requirements or risk management needs, contact Rachel Lilliott on M: +44 795 182 8317 or E: rachel@fiduciamga.co.uk. To learn more about our expert Underwriters, click here.

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