Former Sedgwick exec Paul Posey named CEO of Canopy Claims Management
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Paul J. Posey Jr., previously chief operating officer of Sedgwick Claims Management Services Inc., has been named CEO of Canopy Claims Management L.L.C.
Mr. Posey is the first CEO of Canopy Claims Management, which was formed in 2012 to assist policyholders dealing with property insurance claims in the face of “an increasing incidence of particularly cataclysmic events,” Mr. Posey said.
The company provides property claims management services to customers ranging from individual homeowners to commercial property owners facing complex property claims, representing policyholders exclusively.
“We are seeing that corporate risk managers often are having to do a lot more with a lot less,” Mr. Posey said. “So we feel that having these resources available just in time, when needed, will be a great asset for those risk managers.”
Canopy Claims Management grew rapidly after Superstorm Sandy, Mr. Posey said, and now, with a combination of its employed workforce and a network of contract employees, the company is in a position to assist customers across the country, including working with clients in Oklahoma and the Midwest that sustained losses due to recent tornadoes and flooding.
In addition to its Orlando, Fla., headquarters, Canopy Claims Management has two offices in New York and another in New Jersey. Ultimately, the company will have an extensive office presence across the country, Mr. Posey said.
“We're in the process of building a national framework for claims events that happen in any jurisdiction,” the new CEO said. “I'm just really thrilled and excited about what the prospects are for the business and really thrilled and excited about serving policyholders so directly.”
