Reinsurance News

Falvey

Falvey recruits Greg Liewald as SVP for wholesale division

21st February 2022

Falvey Insurance Group has announced the appointment of Greg Liewald Senior Vice President – Wholesale Brokerage Operations. Most recently, Liewald worked for USG as a wholesale commercial broker. He first began working in the wholesale space over 20 years ago and has extensive experience broking and building new books of business. At Falvey, ... Read the full article

WTW partners with Falvey Cargo Underwriting on cyber coverage

18th February 2022

Re/insurance broker WTW has announced a new affirmative cyber coverage product for cargo and stock throughput risks, which is the result of a collaboration with Falvey Cargo Underwriting, a Falvey Insurance Group company. According to WTW, the product will be the first standalone cargo cyber solution available in the insurance marketplace. Among ... Read the full article

Falvey partners with R&Q and Great American

19th January 2022

Falvey Cargo Underwriting has added R&Q Accredited America and Great American Insurance Group to its panel of security partners alongside its existing supporters: Lloyd's of London, Beazley, and Nationwide. In addition to onboarding these new partners, Falvey has increased its in-house claims settling authority from $350,000 to $500,000. This authority encompasses all ... Read the full article

Falvey Insurance Group hires Mike McKenna as CUO

14th April 2021

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. Prior to joining Falvey, McKenna oversaw underwriting at The Hartford Global Specialty for 11 years. His role will allow for a dedicated focus on ... Read the full article

Brit (BGSU) to transfer renewal rights for cargo business to Falvey

1st July 2020

Brit Global Specialty USA (BGSU), a division of specialty insurer and reinsurer Brit, has announced that it will transfer the renewal rights for its Cargo business to Falvey Cargo Underwriting, the largest cargo covernote holder at Lloyd's of London. According to Brit, Falvey is a better strategic fit for its cargo ... Read the full article

Falvey expands capacity via Nationwide partnership

6th April 2020

Falvey Cargo Underwriting and Falvey Shippers Insurance have expanded capacity by partnering with Nationwide Mutual Insurance Company (Nationwide). The partnership will allow Falvey to continue to increase its capacity while providing flexible cargo solutions. All new accounts underwritten April 1, 2020 forward, will be quoted including Falvey's Nationwide facility. In addition, Nationwide will ... Read the full article