Electrical contractors now have access to a new insurance policy which provides combined cover for employer, public and product liability.
Providing cover of up to £10m for employer liability, £5m for public liability and £5m for product liability, the policy is being offered by specialty insurance underwriters Fiducia MGA.
Available through insurance brokers, the policy is backed by A-rated capacity, which means the policy’s insurers are regarded as having an excellent ability to meet any claims.
In addition, Fiducia offers a combined commercial policy for those contractors who require protection against material damage, business interruption, business all risk and commercial legal protection.
Fiducia underwriter, David Heeney, said: “We understand that electrical contractors face changing risks and challenges, so we created these policies to ensure our broking partners can provide their clients with comprehensive cover and support.
“We would urge contractors to examine their policies ahead of renewal and discuss with their broker how our new combined liabilities products can help them manage risk effectively and secure peace of mind.”
Leeds-headquartered Fiducia specialises in engineering, freight liability, marine cargo, 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.
For more information on the company, visit www.fiduciamga.co.uk
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