Reinsurance News

Falvey Insurance Group hires Mike McKenna as CUO

14th April 2021 - Author: Katie Baker -

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Falvey Insurance Group has appointed Mike McKenna as Chief Underwriting Officer, he will oversee all underwriting for Falvey Cargo Underwriting, Falvey Shippers Insurance and Safe Harbor Pollution Insurance.

HandshakePrior to joining Falvey, McKenna oversaw underwriting at The Hartford Global Specialty for 11 years.

His role will allow for a dedicated focus on the efficiency and quality of underwriting, and exploration of new opportunities that fit Falvey’s operational capabilities and address the needs of the market.

Mike Falvey, President & CEO of Falvey Insurance Group commented: “As I considered appointing a Chief Underwriting Officer to our executive team, there was really only one person who came to mind; and that was Mike.

“His experience in reinsurance, program structuring, and managing complex books is a perfect fit to support Falvey’s growth, which we expect to continue in the coming years.

“Mike not only has the utmost respect from the industry, but our employees as well. They are all familiar with his expertise in the marine and broader Property & Casualty marketplace.

“I want to ensure we have the right staff, the right mindset, and a solid foundation for growth. Our Mission has always been to make a profit for our underwriters and by investing in Mike, we feel confidently we will continue to do so.”

McKenna commented: “I’m extremely excited to be joining the Falvey Insurance Group. The organisation is full of talented underwriters who are complemented by a world class executive team.

“I am looking forward to bringing my career experiences to assist in helping this organisation achieve their overall strategic objectives including profitability, growing the existing portfolio, and diversifying the specialty products available to our distribution partners.”