Canal Insurance Company Appoints New Executives To The Leadership Team

GREENVILLE, S.C., June 24, 2014 /PRNewswire/ -- Canal Insurance Company is pleased to announce the appointment of Tim Horgan, Vice President - Transportation and Chief Marketing Officer, and Bob Pace, Vice President and Chief Claims Officer, to the executive leadership team.

Mr. Horgan assumes profit and loss accountability for all Canal's trucking and specialty automobile business except the large fleet unit. Mr. Horgan will also be responsible for all phases of marketing, agency relations and communication. He is extremely well suited for these roles after a highly successful career in underwriting, marketing and regional management at Continental, followed by nearly twenty years in AIG's transportation business, the last seven as profit center head.

Mr. Pace, as Chief Claims Officer, will provide strategic and operational leadership to all aspects of Canal's Claims organization. Mr. Pace joins Canal after a diverse career, which includes eleven years as a practicing attorney, followed by another twelve years of increasing responsibility in the Travelers Claims department, the last six of which as Chief Claims Officer for Northland. Mr. Pace's last role in the Travelers organization was to lead the Northfield underwriting organization.  

"Attracting individuals of Tim's and Bob's caliber to Canal underscores our leadership position among transportation insurers, and our commitment to making the investments necessary to strengthen that position," said David J. Firstenberg, President & CEO.

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. 

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SOURCE Canal Insurance Company