Milestones | Page 20

MILESTONES

MILESTONES

CELEBRATING OUR JOURNEY
For thirty years, Falvey Insurance Group has been a foundation of Rhode Island’ s insurance landscape, specializing in cargo, logistics, and marine pollution coverage. Founded by Executive Chairman Mike Falvey with a vision to provide comprehensive and tailored insurance solutions, the company has grown from a two-person operation to a trusted partner for brokers and clients worldwide. Today, that vision is carried forward by CEO Jack Falvey, who stepped into the role in early 2025 after previously serving as COO.
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30 Years Strong— and Just Getting Started

Headquartered in North Kingstown, Falvey provides supply chain insurance coverages, including Cargo & Stock Throughput— Falvey is the largest cargo coverholder in the Lloyd’ s market— Inland Marine, Transportation & Logistics Liability, and specialty brokerage solutions. Falvey also insures over 50 % of U. S. commercial vessels under its Safe Harbor vessel pollution insurance policy. All supported by value-added services like risk management and in-house claims at no extra cost, Falvey is ahead of industry trends, helping partners navigate emerging risks with confidence.
1995 Founder, Mike Falvey
2025 CEO, Jack Falvey
Falvey stands out not only for its expertise, but for its culture. The company fosters a collaborative, client-focused environment where innovation and problem-solving thrive. Employees are encouraged to think creatively, take ownership and deliver personalized solutions, upholding Falvey’ s reputation for integrity and exceptional service. Many team members have built long careers at Falvey, a testament to the company’ s commitment to its people as much as its clients. As Mike Falvey always says,“ Culture eats strategy for breakfast.”
Celebrating three decades of growth and success, Falvey Insurance Group remains dedicated to its mission of providing quality service and creative, affordable solutions that make a
GLOBAL HEADQUARTERS 66 Whitecap Drive, North Kingstown, RI 02852 401-792-0144 • info @ falveyins. com
tangible difference for our customers. Because at Falvey, it’ s never just about the policy. It’ s about the people. Falvey is still evolving, still pushing forward, and still building. We are honored to cross this milestone and look forward to shaping the future together with our clients and partners.
FOUNDING & EARLY GROWTH( 1995 – 1999)
• Business plan developed by founder Mike Falvey( 1995).
• Lloyd’ s of London signs first cover note.
• Falvey Cargo Underwriting officially opens with 2 employees and writes first account.
• By 1999, company grows to 10 employees and hosts the first Falvey Cup golf event.
DIVERSIFICATION & GROUP FORMATION( 2010 – 2015)
• Falvey Insurance Group formed( 2011).
• Safe Harbor Pollution Insurance launched; 50 employees milestone( 2013).
• 20 th anniversary; company reaches 75 employees( 2015).
NEW SOLUTIONS, LEADERSHIP TRANSITION & 30 TH ANNIVERSARY( 2022 – 2025)
• Launch of Transportation & Logistics Liability( 2022), Specialty Brokerage Team( 2022) and Inland Marine( 2023).
• Consolidation under single brand: Falvey Insurance Group( 2023).
• Company reaches 200 employees; succession announced with Jack Falvey as next CEO( 2024).
• 30th anniversary celebrated( 2025).
ESTABLISHMENT & EXPANSION( 2000 – 2009) INDUSTRY RECOGNITION & CONTINUED GROWTH( 2016 – 2021)
• Falvey Insurance Company Limited created( 2002).
• 10 th anniversary celebrated; company reaches 25 employees( 2005).
• Falvey Shippers Insurance formed( 2009).
• 25th anniversary; 90 employees( 2020).
• Named MGA of the Year by Insurance Insider( 2020).
• Company reaches 100 employees( 2021).