Sentry Insurance announced it has partnered with Falvey Insurance Group to offer admitted and non-admitted marine cargo capacity to Falvey’s broker partners.
Falvey is a niche leading MGA offering several property and casualty solutions focused on the supply chain and trade including one of the largest providers of cargo and vessel pollution insurance in the United States.
Sentry—which launched its specialty lines division in 2022—joins Falvey’s existing security partners: Lloyd’s of London, Chubb, Beazley, Ascot, Starr Insurance Companies, Accredited Surety and Casualty Company, and Great American Insurance Group.
“Our expansion into the marine cargo segment is the next step into growing as an industry leader in the specialty space,” said Heather Schenker, Head of Specialty at Sentry. “The combination of Sentry’s financial strength and Falvey’s expertise only create more opportunities to offer comprehensive protection to the marine cargo industry.”
Scott Miller, President Commercial Insurance at Sentry, added, “From the onset, we recognized how passionate Falvey was about the cargo industry, Their commitment and expertise is exactly what we’re looking for in a partner. Couple that with a proven track record in their results, we’re excited what the future holds for this partnership. The Falvey’s have built a tremendous business,”
Based in Stevens Point, Wisc., Sentry Insurance is one of the largest and most financially secure mutual insurance groups in the United States, holding a Financial Strength Rating of A+ (superior) from AM Best, current as of June 2023.
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