How Falvey’s Cargo and Inland Marine teams worked together as a broker’s client’s business, and risk profile, evolved.
Rapid growth can change a company’s risk profile just as quickly as it changes the business.
When a growing building materials company expanded through a series of acquisitions, new equipment and property exposures emerged beyond its existing Stock Throughput program.
Falvey was already working with the company’s broker on its Cargo needs. As the assured continued to grow, Falvey brought Inland Marine specialists into the existing relationship to help evaluate the new exposures.
Working together, the teams helped the broker secure an Inland Marine placement within one week.
The result demonstrated more than a fast turnaround. It showed the value of having multiple areas of specialized expertise available through one connected Falvey relationship.
