Significant Losses to the Cargo Market: Tennessee Tornadoes
Over the past 7 years, there have been $8B+ in losses to the cargo market due to significant events like fires, natural disasters, and other miscellaneous occurrences.* This total is still pending the damages from Hurricanes Harvey, Irma and Maria, as the losses from those storms are still being tallied. To that end, we’re starting a series of articles... […]
Falvey Cargo Underwriting Acquires Marine Cargo Book and Two Underwriters from Brit Global Specialty USA
NORTH KINGSTOWN, RI, June 29, 2020 – Effective July 2, 2020, Brit Global Specialty USA (“BGSU”) will transfer the renewal rights for Brit Global Specialty USA’s Cargo business to Falvey Cargo Underwriting. Additionally, Will Frohne and Yasu Saegusa will move from Brit to Falvey Cargo as underwriters. […]
Remote New Hire: Desiree Neiwert
The global pandemic continues to create a challenging working environment for many. Here at Falvey Cargo, we knew we’d have to make some changes to keep operating smoothly. As soon as the governor began to close schools and businesses, we started putting our disaster recovery plan in place, ensuring all our employees were adequately equipped to work from... […]
Get to know Kayla Martineau
As we continue to spotlight members of our team, we’d like to introduce Kayla Martineau, our Underwriting Technical Assistant. […]
Get to know Jason Gomez
In a continuation of our team spotlight series, we are shining the light on Jason Gomez, marine insurance expert and Vice President of Falvey Cargo Underwriting. […]
Understanding COPE
When determining the level of risk in a stock throughput policy – which often involves different types of transportation, facilities and goods – a marine insurance underwriter uses an evaluation called COPE when it comes to the facilities. An analytical assessment used for more than 300 years, COPE stands for Construction, Occupancy, Protection, and... […]
The Top Cargo Insurance Terms
There are many terms associated with the cargo industry, particularly cargo insurance policies, that you may not know off the top of your head. To help make it easier to understand the terminology, we’ve defined some of the most common cargo terms you’ll come across. […]
The Impact of Coronavirus on Cargo Insurance
The spread of Coronavirus, also known as COVID-19, is having a major impact on the global economy. Aside from its devastating effects on human health, the virus is disrupting world trade, reducing activity by land, rail, air, and sea. […]
Get To Know Katie Booth
Our team spotlight for this week features Katie Booth. She is known for her attention to detail, superior communication skills, and love of the great outdoors. […]
Get To Know Kristen De Souza
Kristen De Souza is a recent addition to Falvey Cargo, bringing extensive managerial and industry experience to the team. And if you want to know how to build a log cabin from scratch, just ask her—she has experience with that, too. […]
