Canal Insurance Co. has appointed Tim Horgan, VP of transportation and chief marketing officer, and Bob Pace, VP and chief claims officer, to the executive leadership team.
Horgan now is responsible for profit and loss for all of Canal's trucking and specialty automobile business, with the exception of the large fleet unit. Horgan also will be responsible for marketing, agency relations and communications. Previously he had a successful career in underwriting, marketing and regional management at Continental, Canal said, followed by nearly twenty years with AIG's transportation business, the last seven as profit center head.
As chief claims officer, Pace will provide strategic and operational leadership to all aspects of Canal's claims organization, Canal said. Pace joins Canal after eleven years as a practicing attorney, followed by another twelve years of increasing responsibility in the Travelers claims department, the last six of which he spent as chief claims officer for Northland. Pace also led the Northfield underwriting organization for Travelers.
Canal Insurance has made some technology moves in claims over the past few years. The commercial trucking operations insurer that traditionally works through the independent agent released its iPad app, Canal FRM (Fleet Risk Manager) in 2012. It gives the customer the opportunity to track claims, whether open or closed, and the representative assigned to the claim.
"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 Firstenberg, president and CEO.
