Falvey bolsters marine cargo underwriting with new appointments

Falvey Insurance Group has bolstered its marine cargo underwriting capabilities with two new appointments.

Isabelle Therrien (pictured up) has been appointed to a newly created role of executive vice president, head of cargo. Additionally, Juanita Shaikh (pictured bottom) has joined its underwriting team as vice president, marine cargo.

As the head of cargo, Therrien will be responsible for overseeing and expanding Falvey's cargo insurance business with a focus on Falvey's specialisation in life science, technology, and general cargo. Therrien will play a critical role in meeting the evolving needs of the cargo insurance market.

Therrien has been promoted into this position from senior vice president of marine cargo underwriting in Canada.

Shaikh has over 22 years of experience in the marine insurance industry. At Falvey, Shaikh will collaborate closely with our dedicated team of underwriters to assess and manage risks associated with marine operations. She will play a vital role in expanding the company’s market presence, cultivating client relationships, and driving the development of cutting-edge insurance products and services.

Prior to joining Falvey, Shaikh was AVP, head of operations & cargo STP/underwriter at Southern Marine, where she oversaw the performance and operations/compliance of the whole underwriting portfolio and underwrote on behalf of Lloyd's, along with managing the administrative support staff.

Mike Falvey, president and CEO of Falvey Insurance Group, said: "We are thrilled for Isabelle and her new role as Executive Vice President, Head of Cargo. Cargo insurance is a vital component of our business, and we are confident that Isabelle will provide the necessary leadership to drive our cargo division forward. We believe that with her expertise, experience, and proven leadership, we are well-positioned to capitalize on growth opportunities in the cargo insurance sector."

He added: "[Shaikh's] impressive expertise and industry knowledge will undoubtedly strengthen our existing capabilities. With Juanita on board, we are well-positioned to continue providing outstanding service and innovative solutions to our broker partners."

Therrien commented: "It is with great enthusiasm that I step into this newly created position. The Falvey Insurance Group cargo underwriting team is exceptionally skilled, dedicated, and committed to excellence. As Falvey continues to make a significant impact in the Marine insurance industry, I am looking forward to taking on this new role and provide a strategic vision that will enable us to navigate the ever-evolving landscape of underwriting, stay ahead of market trends, and seize new opportunities."

Shaikh commented: "I cannot begin to express my excitement about joining Falvey. From the start, everyone has welcomed me with positivity and encouragement. The company's mission, leadership, and people all align with my values. Falvey takes pride in their culture and focuses on giving back to the community, which I love. I know this position is right for me to propel this next phase of my career."

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