Business Details
50+ Years
experience
Emergency
services
Specialist Insurance for Unique Risks
Tradex Insurance Co Ltd Services has been a trusted provider of specialist insurance solutions since 1948, offering tailored coverage for unique risks across diverse industries. Our expertise lies in motor trade, taxi, commercial vehicle, and liability insurance, with a focus on flexibility and client-centric service. With over 25 years of experience handling unusual risks, we provide bespoke policies for businesses ranging from small workshops to large fleets. Our team of specialists ensures competitive quotes within minutes, supported by dedicated claims services and local roadside assistance.As part of the Markerstudy Group, we combine regulatory compliance with a commitment to innovation, serving over 40,000 taxi drivers and businesses nationwide. Our FCA authorization (No. 311900) underscores our adherence to rigorous financial standards, while our Bonus Booster scheme helps clients build no-claims bonuses efficiently. We operate from our registered office in London, maintaining transparency through clear policy terms and accessible customer support.
Services
Motor Trade Insurance
Taxi Insurance
Commercial Vehicle Insurance
Home Fleet Insurance
Liability Insurance
Details
- Year established: 1948
Highlights and features
- We offer over 25 years of experience handling unusual insurance risks.
- Our policies are tailored to meet specific business requirements.
- Dedicated claims team provides rapid assistance for policyholders.
- Flexible terms accommodate high-risk ventures and modified vehicles.
- Bonus Booster scheme helps clients build no-claims bonuses efficiently.
Associations and certifications
- Financial Conduct Authority
What people say
Flexible policies
Quick quote process
Dedicated claims support
Tailored coverage
Bonus scheme benefits
Services
Motor Trade Insurance
Our motor trade insurance protects businesses handling vehicles, including dealers, repairers, and part-time traders. Policies cover road risks, premises equipment, and public liability. We accommodate high-risk ventures and modified vehicles, with options for third-party or comprehensive coverage.
Taxi Insurance
Specialist taxi insurance for Hackney carriages, minibuses, and private hire vehicles. Includes public liability up to 10m, personal accident cover, and breakdown assistance. Tailored options for urban and rural operators, with flexible named or all-driver policies.
Commercial Vehicle Insurance
Flexible commercial vehicle policies covering couriers, catering vans, and skip hire services. Features include fleet management, high-mileage protection, and liability coverage. We insure multiple vehicle types under single policies with customizable excess options.
Home Fleet Insurance
Consolidated home fleet insurance for mixed vehicle collections, including classics and commercial vehicles. Benefits include family use, foreign coverage up to 45 days, and individual no-claims bonus accumulation for all drivers.
Liability Insurance
Employers' and public liability insurance meeting legal requirements for businesses with staff. Provides indemnity limits from 1m to 10m, with tailored schemes for tradesmen and standalone policies for specific risk mitigation.
Questions
What types of motor trade insurance does Tradex offer?
We provide Minder Policies for repairers, Trader Policies for dealers, and Enthusiast Policies for part-time traders, covering road risks, premises equipment, and liability.
Can I get taxi insurance for modified vehicles?
Yes, we accommodate modified taxi vehicles including wheelchair-accessible conversions, with coverage for specialized equipment and business use.
How does the Bonus Booster scheme work?
This six-month policy allows drivers without no-claims history to earn a full year's bonus, applicable to subsequent comprehensive policies.
What commercial vehicle types are covered?
We insure couriers, catering vans, skip hire vehicles, and specialist transport, including high-mileage and multi-vehicle fleet operations under single policies.
Is public liability insurance mandatory?
While not legally required for all businesses, we strongly recommend public liability coverage to protect against third-party claims that could impact operations.
How do I update my policy's MID information?
MID updates must be completed online via our portal or through your broker using the registration details provided in your policy correspondence.
Reviews (6)
Charlie
Jun 10, 2022
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Got a price from them, price was slightly higher than expecting, they managed to bring it down closer to my previous price, accepted it, was asked to wait an hour for the policy to be written etc, waited nearly two hours, was then told they made an admin error and got the date of birth wrong, this was confirmed 3/4 times with security checks unsure how I passed security using my DOB and it was still put in wrong, this added 1500+ to my premium. Complete waste of time.
Trevor Tucker
Jan 01, 2022
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Mr Steve Birch was really helpful and with a particular mixed up case helped me through it. Thanks Steve
Shahid Hassan
Dec 05, 2021
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I'm very pleased with Steven Birch as he was very professional, kind mannered, considerate, understanding, friendly and so much more and he deserves a promotion as a great service provided by Mr Birch.
David Copeman
Sep 24, 2020
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Tradex can get a slating from time to time but when my client had a claim a few years ago, they paid out perfectly, then when we needed urgent help and assistance due to the Pandemic, they stepped in and helped! I can't thank them and Andrew enough!
Jay Ryaan
Apr 13, 2020
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Took out motor trade insurance yesterday. Paid in full for insurance for my 3 cars to start today. Turns out I'm driving around with no insurance on one car that the Police have just taken away till I can show them a cover note which I haven't received yet. Sold the second car and now the customers new car has my insurance and his own insurance on it as I can't cancel. Not been given log in details or any email to delete vehicle and office closed for 2 days. Tradex /GG office closed this weekend so I have to call on Monday and I have to take out daily insurance till Monday for the 3rd third car as askmid says uninsured aswell. Big headache and money loss hope they will compensate. Think I've made a big mistake chooseing these guys thinking to go back to my previous insurance broker.
Jesee Latter
Feb 06, 2020
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I took scrap insurance out with these people and for no reason(no accidents) doubled my premium to a wobbing 5,000 from 2500 after being with them for a year with no claims & absolutely no reason given why apart from WE MADE A MISTAKE (says it all about this company) this has affected my business massively. THEY HAVE SOME ANSWERING TO DO! I had to go without insurance for nearly 6 months due to lack off funds. I will be taking this matter to court. Companies like this shouldn't get away with their fraudulent dishonest ways.
