Falvey Insurance Group began in 1995 as Falvey Cargo Underwriting, with just two employees and a dedication to providing the most comprehensive cargo insurance policy available. Mike Falvey felt he could provide a better service and a better product in the cargo underwriting insurance space. As Falvey Cargo Underwriting grew, Mike Falvey’s vision expanded and services and solutions were added for additional sectors in the maritime insurance industry. Today, Falvey Insurance Group remains a family business looking to provide insurance solutions for people. We take care of our employees which is why we’ve been routinely voted – year in and year out – one of the best companies to work for in business insurance. Employees are important to us, clients are important to us, and just like it was on day one, providing a better service and a better product is what we aim to do.
J. Michael Falvey develops a business plan for Falvey Cargo Underwriting in Narragansett, RI.
August 17, 1995
Lloyd’s of London, with the help of JLT, signs first cover note for Falvey Cargo Underwriting.
September 1, 1995
Falvey Cargo Underwriting opens on Tower Hill Road in Wakefield, RI with 2 employees: J Michael Falvey and Jane Falvey, and also wrote their first account, Accom.
Falvey Cargo Underwriting expands to a larger office and hires third employee, Catherine Hughes-Fury.
Falvey reaches 10 employees, and the First Falvey Cup, biennial golf event between London Underwriters/Brokers and Falvey employees, was held. Falvey wins!
Falvey Insurance Company Limited is created.
Opens operations in San Francisco, CA as Falvey Insurance Services, Inc.
September 1, 2005
Falvey Cargo Underwriting celebrates 10th Anniversary and the company reaches 25 employees.
Falvey relocates to office building within Quonset Business Park in North Kingstown, RI.
Falvey Shippers Insurance is formed.
May 1, 2010
Falvey Yacht Insurance is formed and writes first account, Judges 7, LLC.
May 11, 2010
Falvey Yacht Insurance write its first charter account, The Moorings New Zealand and Tonga.
Falvey Insurance Group is formed.
April 1, 2013
Safe Harbor Pollution Insurance is formed and the company reaches 50 employees.
April 2, 2013
Safe Harbor writes its first account, Voyager Fishing Charters.
September 1, 2015
Falvey Insurance Group celebrates 20th anniversary and reaches 75 employees.
March 1, 2016
Falvey Cargo Underwriting opens Canada office in the Toronto area.
Expanded offices to a portion of the second floor at the North Kingstown headquarters, and added offices for Cargo, in San Ramon, CA, and Yachts, in Ft. Lauderdale, FL.
London, UK office opens.