Insurance

Falvey welcomes new CUO

Nov 29, 2023 1 year ago

His new role will encompass marine cargo, logistics, inland marine, and vessel pollution

By Kenneth Araullo

Nov 29, 2023 Share

Falvey Insurance Group has announced the appointment of Thomas Nasso as its new chief underwriting officer. Nasso, who accepted the position in May, officially joined the company's executive team after a period of garden leave.

In his role as CUO, Nasso will be responsible for overseeing and guiding the company's underwriting divisions. This role includes direct management of all Falvey product leads – encompassing areas such as marine cargo, logistics, inland marine, and vessel pollution. Nasso's leadership is intended to foster improved efficiency and collaboration within the organization by establishing a streamlined communication channel.

Nasso brings to Falvey a comprehensive background in marine and logistics, key specialty markets for the company.

His previous experience includes significant roles at Ascot and over 20 years in the industry in various underwriting leadership positions at specialty insurance organizations.

“We are ecstatic to at last, officially welcome Tom Nasso to our leadership team. His expertise and leadership will play a pivotal role in steering our underwriting strategies and further solidifying our position in the market,” Falvey president and CEO Mike Falvey said.

“I am honored to be a part of Falvey, a company known for its specialized expertise and innovation in the insurance industry. I look forward to working closely with the talented team and contributing to the continued underwriting success of the organization,” Nasso said.

In an interview with Insurance Business, Falvey COO Jack Falvey spoke about his journey in the industry, noting that he was the one “least interested” in the field among his siblings.

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