Sentry partners with Falvey Insurance Group to expand into marine cargo

STEVENS POINT, Wis. (June 3, 2024) – Sentry Insurance, one of the nation’s largest mutual insurance groups, has partnered with Falvey Insurance Group to offer admitted and non-admitted cargo capacity to Falvey’s broker partners.

“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. On top of Sentry’s stellar reputation and operational excellence as an A.M. Best rated A+ (superior) insurance company, Sentry is known for its dedication to fostering long-term relationships. The whole organization at Sentry has been phenomenal to work with, and we look forward to growing the relationship with the Sentry team in the future. All of these attributes make Sentry the perfect partner for Falvey,” says Jack Falvey, Chief Operating Officer of the Group.

“Sentry is excited to partner with a trusted industry leader like Falvey Insurance Group. Our expansion into the marine cargo segment is the next step into growing as an industry leader in the specialty space,” says 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.”

Falvey’s Chief Relationship Officer, Brad Eldridge, adds, “Partnering with Sentry presents an exciting opportunity to expand our footprint within our specialty. This collaboration will enhance our capabilities and provide even greater value to our customers."

“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,” says Scott Miller, President Commercial Insurance at Sentry.

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.

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.