Falvey Yacht Insurance, a North Kingstown, Rhode Island-based managing general underwriter specializing in yacht insurance, has hired Laura Sherrod and Craig McGinnes to join the firm’s group of yacht underwriting experts.
Sherrod will be senior vice president and McGinnes will be senior yacht underwriter at Falvey Yacht. Combined, the two add over 50 years of experience and expertise.
Before joining Falvey Yacht, Sherrod was senior vice president of Atlass Special Risks where she oversaw the Wholesale Division in addition to Atlass’ specialized yacht insurance programs.
McGinnes previously was yacht product manager for XL Catlin where he managed a team of underwriters. Before XL Catlin, McGinnes started and grew the yacht practice at RLI. He has also been an instructor for the American Institute of Marine Underwriting’s continuing education program.
Falvey Yacht is a subsidiary of the Falvey Insurance Group. The group consists of Falvey Cargo Underwriting, Falvey Yacht, and Safe Harbor Pollution Insurance. The group has additional U.S. locations in California, Florida, Maryland, New York and Washington, and a Canadian office in Toronto.
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