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Falvey names Eldridge chief relationship officer

Falvey Insurance Group on Thursday named Brad Eldridge as chief relationship officer.

He succeeds Daryl Mackay, who retired at the end of last year.

Falvey said Mr. Eldridge, previously senior vice president of business development, will head up market and broker relationships and expand the company’s strategic partnerships.

Mr. Eldridge was a 2020 Business Insurance Break Out Award winner.

Falvey also said it has established a board of directors, which it plans to expand in the coming year.

Mike Falvey, president and CEO of Falvey, who founded the company in 1995, will become CEO and president of the board, Falvey said.

Other board members are Michael Miller, a managing director at Aon PLC, who has held various senior marine insurance leadership positions, and Mr. Mackay, who joined the board following his retirement.

North Kingstown, Rhode Island-based Falvey specializes in marine, supply chain and logistics.