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Sentry Partners with Falvey Insurance to Expand into Marine Cargo Market

June 04, 2024
2 Min Reads

Sentry Insurance, a major mutual insurance organization, has teamed with Falvey Insurance to supply admitted and non-admitted cargo capacity to Falvey’s broker partners.

This will serve the demands of the increasing and complicated supply chain and allow Falvey to better assist brokers and their clients.

 

Sentry's foray into the maritime freight market is a natural progression of its leadership position in the specialized field.

 

The company is a leading MGA in a particular market that specializes in property and casualty solutions for the supply chain and commerce, including cargo and marine pollution insurance. It is well-known for its commitment to developing long-term partnerships and operational excellence.

 

Sentry has joined Falvey's current security partners, which include Lloyd's of London, Chubb, Beazley, Ascot, and Starr Insurance Companies. Sentry started its specialty lines section in 2022.

 

Falvey's skills will improve as a result of this partnership, and its clients will benefit more.

 

"Falvey's partnership with Sentry allows us to continue to support the needs of the growing and complex supply chain and to better service brokers and their clients," said Jack Falvey, COO of Falvey. We have had an amazing experience working with Sentry as a whole, and we are forward to continue developing our partnership with them going forward.

 

The statement "Sentry is excited to partner with a trusted industry leader like Falvey Insurance Group" was made by Heather Schenker, Head of Specialty at Sentry. The next phase in our development as a market leader in the specialist field is our entry into the maritime freight sector.

 

"Partnering with Sentry presents an exciting opportunity to expand our footprint within our specialty," said Brad Eldridge, Chief Relationship Officer. Our combined skills will improve, and our clients will benefit even more from our partnership.

 

Commercial Sentry President Scott Miller continued, saying, "We recognized early on how passionate Falvey was about the shipping business. Their knowledge and dedication are just what we need in a partner. Together with a track record of accomplishment, this relationship has us enthused about what's ahead. The Falvey family has established a fantastic company.

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