Falvey names new head of cargo

"Cargo is a vital component of our business," CEO says

Falvey names new head of cargo

Marine

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Falvey Insurance Group has announced the appointment of Isabelle Therrien (pictured above) to the newly created role of executive vice president and head of cargo.

Therrien will report to chief underwriting officer Tom Nasso. She will assume her position upon Nasso's official joining of Falvey later this year.

In her new role, Therrien will have the responsibility of overseeing and expanding Falvey's cargo insurance business, with a specific focus on the company's expertise in life science, technology, and general cargo.

“We are thrilled for Isabelle and her new role as executive vice president, head of cargo,” said Mike Falvey, president and CEO of Falvey Insurance Group. “Cargo insurance is a vital component of our business, and we are confident that Isabelle will provide the necessary leadership to drive our cargo division forward. We believe that with her expertise, experience, and proven leadership, we are well-positioned to capitalize on growth opportunities in the cargo insurance sector.”

“All our security partners have worked with Isabelle for some time and are delighted that she is taking a key leadership role within Falvey,” said Daryl Mackay, chief relationship officer at Falvey.

“It is with great enthusiasm that I step into this newly created position,” Therrien said. “The Falvey Insurance Group cargo underwriting team is exceptionally skilled, dedicated, and committed to excellence. As Falvey continues to make a significant impact in the marine insurance industry, I am looking forward to taking on this new role and [providing] a strategic vision that will enable us to navigate the ever-evolving landscape of underwriting, stay ahead of market trends, and seize new opportunities.”

Earlier this year, Falvey announced a partnership with Canopius US on inland marine coverage. In September of last year, the company announced the launch of a wholesale division.

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