Fiducia MGA has appointed a new development underwriter to its Marine Cargo, Freight Liability and Fine Art and Specie facilities to support UK and European brokers.

Mike Hall joins from Zurich Insurance where he worked for 16 years, becoming head of marine in 2020. In this role, Mike led the UK underwriting team and was responsible for profit and loss management across the cargo, fine art and specie and UK regional marine portfolios.

With 26 years’ underwriting experience within the marine and cargo insurance sector, Mike has also held roles at CNA Insurance and RSA.

Commenting on his appointment, Mike said: “Fiducia’s client-first approach makes it stand out within the specialised insurance marketplace. The business has established a reputation for positive service, competitive pricing and empowered, knowledgeable underwriters.

“It’s great to be joining the highly regarded marine cargo and freight team and I look forward to working with them and supporting its growing client list and broker base.”

Last year, Fiducia made its cargo products available on the Acturis online insurance platform, which gives partner brokers direct access to Fiducia’s underwriters.

Welcoming Mike to the company, Fiducia CEO, Gerry Sheehy, said: “Mike has a strong underwriting record and is a fantastic addition to our team.

“He has a very personable and professional approach to his work, which perfectly aligns to the ‘can-do’ attitude we have at Fiducia and will be a significant asset to support our partner broker relationships.

“Marine cargo and freight continues to face a range of risks, and it is essential that our partner brokers have access to expert underwriters who can develop policies which best meet their clients’ challenges.

“Mike’s appointment will significantly boost our underwriting capabilities alongside ensuring we continue to cement our market-leading position.”