Coverage includes property moving over land; property stored at a third-party location; builders risk; care, custody and control of others; property in warehouses; and infrastructure and individual high-valued properties.
PRODUCTS: Inland marine; a Falvey Insurance Group coverage
COMPANIES: Falvey Insurance Group; Canopius U.S.
BEST RATING: A-
AVAILABILITY: Appointed agents and brokers only.
FOCUS: Falvey Insurance Group is already an expert in the marine cargo market and adding inland marine adds a new synergy to the protection of assets.
COVERAGE DETAILS: The many insurance needs considered in the inland marine market include property moving over land; property that is stored at a third-party location; builders risk; care, custody and control of others; property in warehouses; and infrastructure and individual high-valued properties.
UNDERWRITING: A completed application is required to begin the underwriting process.
TARGET: For the commercial output portion of the policy, assemblers, warehousing specialists, contractors, processors, distributors and wholesalers are a strong fit. A wide range of equipment is within Falvey's appetite, including farm, computer, medical, scientific, telecommunications, contractors, theatrical, and oil and gas equipment.
COVERAGE AVAILABILITY: All U.S. states.
CONTACT: Ed Helfers, principal, inland marine; Lisa Uzzo, principal, inland marine; Brad Eldridge, senior vice president, business development; Falvey Insurance Group, 66 Whitecap Drive, North Kingstown, RI 02852.
Will Jones is IA editor-in-chief.
