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21 September 2023 Insurance

Fiducia MGA grows engineering team with senior hire

Specialty insurance managing general agent (MGA)  Fiducia has appointed a new senior development underwriter to grow its engineering team to meet rising broker and client demand.

Rachel Lilliott (pictured) joins the Leeds-based MGA having previously worked for ATC Insurance Solutions in Victoria, Australia, where she held the position of senior underwriter. She also worked for leading Australian insurer Wesfarmers.

With 12 years’ experience, Lilliott is a specialist in contractors’ plant and machinery underwriting and regularly liaises with various Lloyd’s syndicates.

Fiducia CEO Gerry Sheehy, said: “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.

“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.”

Lilliott commented: “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.”

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