About the Business

With Tradex’s founders having started writing motor trade insurance in 1967, Tradex was formed first as an underwriting agency in 1992 before becoming an insurance company in 1995. Tradex specialises in insurance for businesses in all sectors of the motor trade, taxi and specialist commercial motor markets. With our headquarters in the Docklands in London, and a network of offices and agents that sell our policies - we have representation and serve our policyholders throughout every part of the British Isles.

Over time, Tradex has built up a wide portfolio of motor trade business - from the one-man band and those motor traders trading from home on a part-time basis to large concerns including specialist mechanics, large dealerships, workshops and body shops.

Tradex has also developed into one of the major Public and Private hire Insurers in the UK. Through the Westminster network (recently sold to Clegg Gifford) we still continue to provide taxi and black cab policyholders with extensive policies that have additional extras and levels of cover included that most others charge for as extras.

Unusual cover also became another area of expertise; ice cream vans, funfairs, get you home services, specialist commercial - if it needed cover on the road, Tradex would consider it, we are known to be flexible insurers of the unique and proud to be so!

The founders of our company also continue our close association with our sister company, Clegg Gifford Co, a Lloyd’s broker, established in 1967 which holds a binding authority to write motor trade & taxi business with us.

Tradex welcomes enquiries from brokers and direct customers alike. Tradex Brokers can obtain facilities for both individual risks and scheme business much of which is manually underwritten - a skill which is the cornerstone of the company’s success. This means that we are more likely to be able to quote for you - from a motor dealer to ice cream salesman to a car jockey, we are not fazed by the unusual and are always keen to provide new facilities to brokers.

Business Services

Mechanical Repairer Insurance

Mechanical Repairer Insurance

The Tradex Minder policy under which mechanics are covered is for the bona fide Motor Trader handling customers’ vehicles and needing complete coverage. Our policy is designed to protect the trader from driving vehicles and customer claims of negligence or Service Indemnity.

We cover mechanics operating in a mobile capacity from a van, right through to those who operate garages or other specialist mechanical workshops including trackside.

We will consider all elements of the risk including vehicles, liability cover for both Public and Employers liability as well as equipment cover for fixed plant and machinery and tools, both mobile and fixed.

We will also cover apprentices and young members of your team for driving vehicles on a motor trade usage basis. Our policies are flexible enough to accommodate mechanics of all shapes and sizes including those who work privately outside of their everyday garage work.

Commercial Vehicle Insurance

Commercial Vehicle Insurance

Tradex have an extremely flexible commercial vehicle insurance policy which enables you to insure your vehicles, tools, liabilities and much else besides all on one policy. We will consider all trades including those which are deemed high risk, and from all industries from tradesmen right through to those operating in the motor trade industry. We are known for being extremely flexible in the cover we can offer, and the terms we can accommodate including those with a poor claims history and those with bad credit or previously convicted for criminal offences.

We can cover your personally owned vehicles under our fleet policy and extend for business use. The no claims bonus is earned under each individual driver's name including young drivers, and we can even cater for those with an adverse ​claims record or those without any no claims bonus.
Location & Hours

21 Melville Street

Edinburgh, EH3 7PE
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