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Brad Eldridge’s introduction to the insurance business was through Mike Falvey, owner of Falvey Insurance Group, who was also the father of a good friend. In 2013, he joined the company’s cargo underwriting team. Shortly afterward, he attended the Andrew Beazley Broker Academy at Lloyd’s of London, now the Lloyd’s Broker Academy. In addition to his underwriting responsibilities, he teaches continuing education classes on marine topics.
What advice would you give to someone starting out in the business?
Look for opportunities and volunteer for them, not only within your company but in the industry. Look for associations, professional groups, different industrywide conferences. Try to get yourself out there, don’t be afraid to ask questions and learn from your mistakes.
How will your work change going forward?
The marine industry is one of the oldest insurance lines historically. We’re going to have to find new, innovative ways to add on coverages to marine cargo policies. Especially with what’s going on now, we’re going to have to find a way to offer our clients some kind of a pandemic coverage.
What is something about you that would surprise people?
I’m on the board of the Narragansett Lion’s Club, a community charity organization.
What do you know now that you wish you knew at 18?
That success and opportunity in your life comes down to the relationships you build. I would like to go back and focus more on developing relationships than concentrating on getting straight A’s.
What is your favorite meal?
Breakfast. My family owns breakfast diners, and my guilty pleasure is a sandwich called the King Meltie. It’s a double decker bacon, sausage, egg and cheese melted on an onion bagel.
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