Sentry Insurance, one of the foremost mutual insurance groups in the United States, has teamed up with Falvey Insurance Group to provide expanded cargo insurance options to Falvey’s network of broker partners. This partnership encompasses both admitted and non-admitted cargo capacities.
Falvey Insurance Group is a leading managing general agent (MGA) specializing in property and casualty solutions tailored to the supply chain and trade sectors. It stands as one of the major providers of cargo and vessel pollution insurance in the US.
Jack Falvey, Chief Operating Officer of Falvey, expressed his enthusiasm for the collaboration, stating, “Our partnership with Sentry enables us to meet the evolving demands of the complex supply chain, enhancing our service to brokers and their clients. Sentry’s outstanding reputation and operational excellence, reflected in their A.M. Best A+ (superior) rating, underscore their commitment to fostering long-term relationships. The entire Sentry team has been exceptional to work with, and we are eager to deepen our relationship moving forward. Sentry’s attributes make them an ideal partner for Falvey.”
Heather Schenker, Head of Specialty at Sentry, echoed this sentiment, saying, “We are thrilled to join forces with a trusted industry leader like Falvey Insurance Group. This move into the marine cargo segment is a significant step in our growth as a leader in the specialty insurance space. The synergy of Sentry’s financial robustness and Falvey’s industry expertise will enable us to offer comprehensive protection to the marine cargo industry.”
Since launching its specialty lines division in 2022, Sentry has aligned with Falvey’s established security partners, including Lloyd’s of London, Chubb, Beazley, Ascot, Starr Insurance Companies, Accredited Surety and Casualty Company, and Great American Insurance Group.
Brad Eldridge, Falvey’s Chief Relationship Officer, highlighted the strategic benefits of the partnership, stating, “Collaborating with Sentry allows us to broaden our specialty footprint. This partnership enhances our capabilities and delivers greater value to our customers.”
Scott Miller, President of Commercial Insurance at Sentry, added, “From the beginning, we recognized Falvey’s deep passion for the cargo industry. Their dedication and expertise align perfectly with what we seek in a partner. With their proven track record, we are excited about the future prospects this partnership holds. The Falvey team has built an impressive business, and we look forward to achieving great success together.”
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