GREENVILLE, S.C., June 1, 2017 /PRNewswire/ -- Mr. David Pauly, President and Chief Executive Officer of Canal Insurance Company, has announced his retirement from that role, effective today. The Company's Board of Directors has appointed Mr. Paul Brocklebank to succeed Mr. Pauly as Canal's President and Chief Executive Officer, effective immediately. Mr. Pauly will continue to serve on and Mr. Brocklebank will also be joining the Canal Board of Directors.
"On behalf of Canal's Board of Directors, shareholders, and employees, I want to thank Dave Pauly for the outstanding leadership he has provided as Canal's CEO," remarked Mr. Lansing Crane, Chairman of Canal's Board. "He returns to the Board with Canal profitable and growing and providing outstanding products and services to our agents and customers."
Further commenting on the change, Mr. Crane stated, "We also want to congratulate Paul Brocklebank on his appointment as Dave's successor. No one knows our business and our customers' needs better than Paul. He has won the confidence of Canal's agents and employees. Under Paul's leadership, supported by his strong management team, we look forward to Canal continuing, and building on, its successful performance."
Joining Canal in June 2010, Mr. Brocklebank has previously served as the Company's Chief Underwriting Officer and, more recently, as its Chief Operating Officer. He has extensive insurance industry experience, having previously held senior roles at the Liberty Mutual Insurance Company, Royal Sun Alliance, and Sompo Japan America. Mr. Brocklebank secured his Bachelor of Arts degree from Westminster College, a Master of Arts from Carnegie Mellon University, and a Juris Doctorate from Duquesne University School of Law. He also holds the CPCU designation and is admitted to practice law in the Commonwealth of Pennsylvania.
About Canal Insurance Company
Rated A- by A.M. Best, Canal Insurance Company has specialized in providing insurance to commercial trucking and specialty transportation insureds through selected professional agents for more than 75 years. Visit canalinsurance.com for other news and information.
Vice President, General Counsel & Secretary
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/canal-insurance-company-appoints-new-ceo-300466618.html
SOURCE Canal Insurance Company