NORTH
KINGSTOWN, R.I., Aug. 6, 2024
/PRNewswire/ -- Effective January 1,
2025, Mike Falvey will transition from Chief Executive
Officer of Falvey Insurance Group to Executive Chairman. In this
new role, Mike will continue to provide guidance and strategic
insights to Falvey leadership in an advisory role. Mike will also
still maintain his role as Chairman of the Board providing
oversight to the Falvey management team.
Mike founded Falvey in 1995 with just two employees and a
dedication to providing the most comprehensive cargo insurance
policy available. Mike believed he could provide a better service
and a better product in the cargo underwriting insurance space. As
Falvey Cargo grew, Mike Falvey's vision expanded, and services and
solutions were added for additional sectors in the marine,
logistics, and supply chain insurance industry.
Nearly 30 years later, Falvey has evolved into the
all-encompassing Falvey Insurance Group, with 36 partner carriers
via 5 MGAs. Under Mike's leadership, Falvey has grown its MGAs into
market leaders and pushed innovation through technology and product
design all while keeping the customer as the central focus.
Moving into the Chief Executive Officer position will be
Jack Falvey, who is currently the
Group's Chief Operating Officer.
Mike comments, "I am extremely proud of what Falvey has become,
and the transformation that has taken place over the last 30 years.
I always say that people are our greatest asset, and that remains
true. We are close to 200 employees and each one of them is
bringing their best to ensure Falvey's mission, vision, and values
are carried out.
I am also so proud to pass the torch to Jack to lead the next
generation of Falvey. His foresight, focus on operational
excellence, and genuine passion for our industry is exactly what
Falvey needs going into our 30th year in business. I am excited to
see what he will do during his 30 years!"
More information to come regarding Jack
Falvey's appointment to CEO in January 2025.
About Falvey Insurance Group
Falvey Insurance Group is one group with many solutions,
distinguishing itself through its robust product offerings that
extend beyond premium coverage, providing clients and broker
partners with a suite of added-value services at no additional
cost. Our commitment to excellence over decades has earned us a
reputation for exceeding client expectations and prioritizing their
needs. A broker agreement with Falvey opens up access to our
comprehensive product lineup and seamless claim handling and loss
control experience, backed by our World-Class service from any of
our underwriting teams. Learn more about Falvey at
falveyinsurancegroup.com.
Media Contact:
Megan Bell
mbell@falveyins.com
(401) 214-5600
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SOURCE Falvey Insurance Group