Maritime risks insurer, Falvey Insurance Group has appointed Tom Nasso to its executive team as its new Chief Underwriting Officer.
Nasso had accepted the position in May but was on gardening leave until his start date with Falvey this week.
Mike Falvey, President & Chief Executive Officer of Falvey Insurance Group, commented on the appointment, “We are ecstatic to at last, officially welcome Tom Nasso to our leadership team. His expertise and leadership will play a pivotal role in steering our underwriting strategies and further solidifying our position in the market.”
Nasso’s remit as the CUO will include oversight and leading the company’s underwriting divisions.
Nasso will also be in charge of all Falvey product leads, which include marine cargo, logistics, inland marine, and vessel pollution, who will report directly to him.
This fosters a streamlined communication channel that aims to enhance efficiency and collaboration within the organization.
Nasso joins from Ascot where he served in a leadership position, and has an extensive background in Falvey’s specialty markets of marine and logistics.
He has over two decades of experience in the industry in underwriting leadership positions at various specialty insurance organizations.
The company stated that his proven track record in the industry and strategic vision make him integral as Falvey continues to innovate and grow.
Nasso, added, “I am honored to be a part of Falvey, a company known for its specialized expertise and innovation in the insurance industry.
“I look forward to working closely with the talented team and contributing to the continued underwriting success of the organization.”
