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Falvey Cargo Underwriting is offering a new customized, fully-tailored stock and transport insurance solution for the Canadian cannabis industry.
A release said that Isabelle Therrien, Falvey Cargo Underwriting vice-president, is the designated underwriter for the new product.
“At Falvey Cargo Underwriting, we pride ourselves in offering a quality insurance product. Because of our expertise in the life science and pharmaceutical field, the cannabis industry is a natural fit for us,” said Therrien. “We feel we can bring our supply chain expertise to the table and work closely with the clients to ensure safe movement of the product.”
“We’re excited to apply our specialization of life science, pharmaceutical, and government-regulated drugs to enter this new market,” added Falvey insurance Group president and CEO Mike Falvey.
Falvey Cargo Underwriting is a division of Falvey Insurance Group.
In a release, Falvey Cargo said that it is more than prepared to underwrite stock and transportation insurance for the cannabis industry, citing its “greater capacity than any other local market,” its reputation as a life sciences expert, and its proven track record of underwriting and claims.
