Damage Control: Explaining the Sue & Labor Clause
Although the Sue & Labor Clause is commonly found in cargo and hull insurance policies—and has existed for more than 200 years—it’s not well understood. That might have something to do with the term’s antiquated origins. When the phrase was first coined in London in 1779, the word “sue” meant “to proceed” rather than to take action in court, while “labor”... […]
Kristin Brock Promoted to Underwriting Trainee
Kristin Brock, better known as Kristi at Falvey, has an interesting employee backstory. […]
Kendall Marles of Falvey Cargo Underwriting Selected for Lloyd's Broker Academy
Kendall Marles, account executive for Falvey Cargo Underwriting, was selected to attend the esteemed Lloyd's Broker Academy during theweek of October 1, 2018. This curriculum provides “participants with the opportunity to see Lloyd’s through the eyes of the market’s underwriters and brokers, gaining a detailed understanding of how business is transacted at... […]
Falvey Cargo Underwriting Enters Cannabis Insurance Market in Canada With Greatest Capacity
TORONTO, CANADA, November 1, 2018 – Recreational Cannabis is officially legal in Canada and Falvey Cargo Underwriting is proud to announce its newest product offering of a customized, fully tailored solution of Stock and Transportation Insurance for the Canadian Cannabis industry. […]
Women Leaders At Falvey Cargo
Although it has improved over the past decade, the marine insurance world has historically been male dominated. And yet, Falvey Insurance Group has been the exception since the first day it opened its doors in 1995. “Having an even split of women and men is the way it’s always been at Falvey,” says Mike Falvey, CEO and president. “It’s the way it should be.... […]
IUMI Conference Recap: What We Learned
Isabelle Therrien, Vice President of Falvey Cargo, attended the IUMI 2018 Conference in Cape Town in the final weeks of September. For the first time in nearly 150 years, the event was held in Africa and Isabelle was thrilled to join over 500 of our colleagues, hailing from 38 different countries. […]
What To Expect At The 2018 IUMI Conference
For the first time in 144 years, the International Union of Marine Insurance (IUMI) is holding their annual conference in Africa. Taking place at the Cape Town International Convention Centre, the conference begins this Sunday, September 16th, and officially concludes on Wednesday September 19th. […]
The Potential Pitfalls Of Pharmaceutical On-Demand Delivery
In a world where everything from your movies and food to your car rides is on-demand, it’s no surprise that the same “instant gratification” mentality is seeping into the healthcare industry. Patients want faster, more convenient access to treatment and medicine. As a result, on-demand pharmaceutical services are growing. Here’s a quick look at the... […]
The Story of Falvey Cargo's Partnership With Lloyd's Of London
The relationship between Mike Falvey, president and CEO of Falvey Insurance Group, and Lloyd’s of London began in 1984 when Mike was working as an underwriter for Donald J. Rojas, Inc. Mike founded Falvey Cargo Underwriting in 1995 and on August 17 of that year, Lloyd’s Syndicate 2 and a panel of other syndicates agreed to give Falvey “the pen” to... […]
Falvey Cargo Summer Meetings 2018
Last week, the Falvey Cargo team gathered at headquarters for our annual Summer Meetings. Coming from all over the country and across the pond, the full agenda covered everything from industry trends to Falvey’s new offerings. Here’s a quick recap: […]
