About Tradex Insurance ​Services

About Tradex Insurance Services 

Tradex Insurance Services is a trading name of Clegg Gifford & Co Limited - a well-known national motor trade insurance broker and a key part of the Clegg Gifford Group. Motor Traders up and down the country consistently choose to deal with Tradex insurance Services for its expertise in all aspects of the motor trade - from mechanics, to dealers, from large workshops, garages and showrooms right through to specialist trades and even those trading from home on a part-time basis. 

The Clegg Gifford Group 

Founding - Clegg Gifford (CG) was founded in 1968 as a general insurance broker, and later acquired status as a Lloyd's broker giving them access to unique markets and able to place specialist risks.

Where we are today - Today CG maintains a broad spectrum of both personal and commercial insurance products and is a well-known broker in the UK Insurance Industry, with a national clientele and a heritage in the motor trade.

Brokers - Historically CG has always written the majority of its business directly with the public, but since the purchase of the wholesale arm of Tradex Insurance Co Ltd. has developed a strong wholesale identity – providing non-Lloyd's brokers with access to Lloyd’s facilities, as well as being able to place business under its various binders.

50 years - CG is currently celebrating its 50th anniversary and looks forward to the next fifty years of working with our customers and building great new relationships, as well as welcoming back long-standing clients who we have been proud to serve over the last half century.  
Westminster Insurance 

Westminster insurance is a trading name of Clegg Gifford & Co Ltd. and celebrates its 70th birthday this year. Westminster provides a long-standing appointed representative network with a national footprint throughout the UK.


Key Developments

In December 2014 CG purchased the Westminster insurance brand and book of business from Tradex Insurance Co Ltd. which included its nationwide network of 40 tied appointed representatives.

In December 2016, CG purchased the wholesale insurance arm of Tradex Insurance Co Ltd. This included nationwide relationships with 800 insurance brokers. The business was primarily motor trade, but included some fleet, family fleet, personality and commercial vehicle business.
These key acquisitions have helped turn CG into the large scale broker they are today dealing with brokers and clients alike, across a range of products.

Company Ownership

CG is a family owned company with Roy Clegg the majority shareholder. There are common shareholders between Clegg Gifford and Tradex Insurance Co Ltd. Tradex Insurance Co. Ltd. operates a binding (delegated) authority with Clegg Gifford which allows CG to underwrite under Tradex’s control, administer policies, handle complaints and manage claims.