David Rubin has joined the MGA as underwriting assistant, whilst Joanne Brady has been hired in the finance team as credit controller.

Fiducia specialises in insurance for marine cargo, freight liability, engineering, marine equipment and fine art and specie 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.

As an underwriting assistant, David is supporting Fiducia’s underwriting team across its specialist product lines and ensures efficient policy administration for broker partners.

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

Credit controller Joanne is an experienced finance and customer resolution professional. She is supporting the premium collection process and broker account queries, maintaining strong service levels for broker partners.

Commenting on the appointments, Fiducia CEO, Gerry Sheehy, said: “As our client base continues to grow throughout the UK, EU and international markets, it’s essential that we continue to invest in our people and processes to further enable the delivery of our best-in-class service.

“David and Joanne are great operators who share Fiducia’s ‘can do’ attitude. They have both already had a positive impact and will ensure we maintain the responsive service levels our broker partners expect as we expand.”

The post Fiducia MGA announces new appointments as part of ongoing UK, EU & international growth strategy appeared first on Fiducia MGA Limited.

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”.

The post Fiducia MGA launches new vehicle transporter policy to expand risk appetite for Freight Liability insurance appeared first on Fiducia MGA Limited.

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.”

The post Fiducia appoints new assistant underwriter to support ongoing growth strategy appeared first on Fiducia MGA Limited.

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.”

The post Fiducia appoints development underwriter to support brokers in Scotland and the north east of England appeared first on Fiducia MGA Limited.

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.”

The post Fiducia renews partnership with Broker Insights to deepen broker engagement and unlock new opportunities appeared first on Fiducia MGA Limited.

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.

The post What our broking partners have to say about Fiducia’s service levels appeared first on Fiducia MGA Limited.

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.

The post Fiducia MGA raises over £2,000 for the Mental Health Foundation following Yorkshire Three Peaks Challenge appeared first on Fiducia MGA Limited.

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.”

The post Fiducia expands risk appetite for combined liability insurance to include contractor clients appeared first on Fiducia MGA Limited.

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.”

The post Fiducia strengthens underwriting team with marketing and sales appointment appeared first on Fiducia MGA Limited.

This is understandable given the perceived rarity of incidents. However, it could lead to an assumed absence of risk.

Terrorism and sabotage is a tangible threat, especially as 2025 started with headlines around incidents in New Orleans and Las Vegas.

The latest Home Office data showed at the year-end June 30, arrests for terrorism related offences were up 50 per cent year-on-year and 20 per cent over the five-year median.

There is also a growing issue around single actor incidents where perpetrators are not part of terrorist organisations. Data from the Global Terrorism Index shows a rise in unaffiliated individual terrorist attackers in the West.

This highlights the real threat of terrorism and underpins why attention on business insurance policies is essential.

There’s an opportunity to critique policy coverage to ensure it aligns with potential business losses following incidents.

At Fiducia MGA, this is a core priority behind our standalone Terrorism and Sabotage policy and ensures appropriate cover is provided in a flexible, competitive way.

Underwriter David Heeney explains how.

A wider definition of Terrorism

In the UK, the most often cited name associated with terrorism insurance is Pool Re – a government company set up in 1993 to provide cover in response to the threat posed by the IRA.

Pool Re, however, follows the UK government’s definition of Terrorism, which does not include persons acting alone.

Yet, given the risk of single actor attacks, this presents a potential cover gap.

This is why at Fiducia our policy uses a definition of Terrorism which includes single actor or “lone wolf” incidents.

More agile coverage

To ensure our broking partners can support their clients with their Terrorism cover, we prioritise a flexible, agile mindset.

Where this stands out is amongst business clients who operate across multiple premises. They would normally insure all these properties for the traditional perils with a general commercial insurer and if they opt for Terrorism cover with Pool Re, they must effect Terrorism cover on all these eligible properties, otherwise, they are in breach of Pool Re’s adverse selection / “All or Nothing” rule.

However, this might not accurately reflect their Terrorism risk profile. For example, the threat to a business premises in a busy metropolitan area often targeted by terrorists is different to one more remote.

To address this, our Terrorism policy does not apply adverse risk selection. This means that the insured can pick and choose which locations they want to cover.

It also allows cover on a First Loss basis where the insured can float the sum insured across their portfolio.

Compared to the “All or Nothing” approach, this benefits clients with more bespoke cover by focusing in on perceived location risk exposures.

Accessing bespoke cover this way also benefits clients by potentially opening up substantive premium savings.

Embedded business interruption coverage

Some of the misconceptions around Terrorism insurance is that businesses have to be targeted directly, or that their buildings have to suffer physical damage to experience losses.

However, Denial of Access and Loss of Attraction can result in lost revenue in the wake of an incident. This is why our policy comes with cover against this as standard, supported by market-leading wording around Business Interruption.

For example, non-damage Denial of Access provides cover for any business located within one mile of a Terrorism incident, shielding against losses even though they have not been directly targeted.

Cover also extends for financial loss resulting from interruption to the business if the utility supplies are damaged by an Act of Terrorism.

Businesses are also covered if there have been responses to the threat of an incident, without one having taken place. For example, losses incurred from evacuation, street closures or street cordons.

This all sits alongside cover as standard against physical damage as well as clean-up and emergency service costs.

Catering for many sectors

Our Terrorism & Sabotage policy provides up to £250m of cover on any one occurrence.

Alongside its far reaching benefits and market-leading wording, this makes it ideally suited to any client who has a Business Interruption risk exposure where property access is essential to revenue.

Examples include retail, leisure, health and social care, tourism, manufacturing and hotels.

It is also suitable for property owners, both commercial and domestic including student sites or any investment property.

Putting clients first

Complementing the extensive cover, flexibility and broad range of sectors our policy supports, maximising Terrorism cover also means working with partners who prioritise service levels.

Often there is a “click-to-buy” approach in the wider marketplace which does not ensure brokers and clients have access to the right service levels or expertise amongst Underwriters.

This is not the case at Fiducia MGA, and a core mission with our Underwriting team, is to ensure they work in clients’ best interests. On top of this is their expert knowledge on Terrorism risk.

For example, our Underwriters are accessible when needed, respond in a timely way, provide expert advice and offer facilities with A-rated UK capacity.

Combined, these are valuable assets when it comes to protecting businesses against Terrorism losses in a world of constant risk.

Want to know more?

Learn more about our standalone Terrorism & Sabotage policy on our website and in our product summary.

To discuss your specialised cover requirements, risk management needs or partnering with Fiducia, contact David Heeney on M: +44 759 084 0416 or E: david@fiduciamga.co.uk. To learn more about our expert Underwriters, click here.

The post Getting the most out of terrorism cover to meet business risks appeared first on Fiducia MGA Limited.