Specialty insurance managing general agent (MGA) Fiducia has appointed a new senior development underwriter to its marine cargo, freight liability and fine art and specie facilities to support UK and European brokers.

Mike Hall joins the Leeds-based MGA 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, the company 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.”

Fiducia specialises in marine cargo, freight liability, engineering, marine equipment, fine art and specie insurance alongside excess of loss and terrorism covers. The company is backed by certain underwriters at Lloyd’s and other insurers.