Fiducia launches new UK office, adds new product

New product has the backing of a major international insurance firm

Fiducia launches new UK office, adds new product

Marine

By Paul Lucas

The rapid expansion of MGA Fiducia has continued today with two launches – a new office and a new trading facility.

The company will open a new office in Birmingham to be headed by underwriter Marc Watts (pictured), assistant underwriter Gemma Ballard and with Bob Watts leading development. The trio had previously worked together at Groves John and Westrup, as well as at NMU.

“We officially launched in November 2016 with ambitions to recruit experienced specialists with the aim of broadening the firm’s product base,” said CEO Gary Sheehy. “We have secured an outstanding team in Marc, Gemma and Bob. Further expansion is planned over the next year and we are also seeing interest in our product set and capabilities from Europe.”

In addition, it has announced the start of a comprehensive marine trades facility for the regional marine market in the UK. It offers comprehensive cover for the commercial and leisure industries with capacity provided by Travelers.

“Again we have been able to secure first rate capacity from leading Lloyd’s syndicate Travelers which enhances a very powerful proposition and one that continues to send a continued clear message that we are fully committed to our brokers and clients,” Sheehy concluded.


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