Fiducia MGA has appointed Rachel Lilliott as senior development underwriter to grow its engineering team to meet rising broker and client demand.
Fiducia specialises in marine cargo, freight liability, engineering insurance and inspection and terrorism covers. The Leeds-based firm boasts that it is 100% backed by leading Lloyd’s syndicates and key insurance companies.
With over a decade of experience, Fiducia describes Lilliott as a specialist in contractors’ plant and machinery underwriting who regularly liaises with various Lloyd’s syndicates.
She joins the MGA having previously worked for ATC Insurance Solutions in Victoria, Australia, where she held the position of senior underwriter. She has also worked for leading Australian insurer Wesfarmers.
Commenting on the new role, Lilliott said, “Fiducia’s client-first approach is a true differentiator which has enabled the business to establish a strong reputation for positive service and competitive pricing.
“The company’s standing within the UK MGA market was a key factor in me deciding to join Fiducia. Now that I am here, I am enjoying actively supporting our clients and brokers on their engineering product requirements whilst also building new relationships.”
Fiducia CEO, Gerry Sheehy, added, “Rachel has built up significant experience as a senior underwriter. She is a fantastic addition to our business and will enable our engineering team to meet the growing demand we are experiencing from clients and brokers.
“Rachel has a very personable and professional approach to her work, which perfectly aligns to the ‘can-do’ attitude we have at Fiducia and will support in strengthening our broker relationships.
“At a time of substantial renewal increases from some insurers, we remain committed to providing brokers with positive client service and competitive rating in conjunction with A grade capacity. Rachel’s appointment further bolsters our ability to do this and I look forward to working with her to support our brokers.”
