Craig Posson
Director - Coverage and Litigation @Canal Insurance Company
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WORK HISTORY
Director - Coverage and Litigation @Canal Insurance Company
Greenville, SC, US
Provided front-line coverage guidance to ensure compliance with company policies and risk tolerances. • Oversaw key litigation and extra-contractual exposures, enhancing the legal framework for claims management. • Collaborated with senior management to establish a forms committee for updates and changes to company forms. • Partnered with underwriting to identify litigation-related risk selection issues, improving underwriting outcomes.
EDUCATION
University of Kansas
Bachelor of Science
Washburn University School of Law
JD
ABOUT CRAIG POSSON
As a forward-looking legal executive and general counsel, I specialize in building high-performing legal departments that support enterprise growth, reduce risk exposure, and align legal strategy with core business operations. With extensive experience in insurance, regulatory compliance, and corporate governance, I apply a business-aligned approach to legal leadership that balances rigor with flexibility across evolving and highly regulated environments.In my most recent role as executive vice president, general counsel, and secretary at Great West Casualty Company, I led legal and compliance operations for six affiliated entities during a period of nearly 3x revenue growth. I built and unified legal functions, modernized infrastructure, and advised executive leadership on litigation strategy, workforce transformation, and technology enablement. A few key accomplishments from my tenure at Great West Casualty Company include:Delivered approximately $50M–$100M in litigation exposure savings by reshaping the company’s bad faith strategy, reducing outside counsel reliance, and enforcing disciplined legal risk protocols.Led a $26M sale-leaseback transaction with venture capital backing, securing a sq. ft. expansion and facility upgrades while completing the initiative on time and on budget.Coordinated the modernization of legal infrastructure, including the development of claims and underwriting manuals, implementation of a company-wide document management policy, and rollout of an AI-enabled legal platform.A collaborative and trusted partner to boards, CEOs, and senior executives, I lead with integrity, clarity, and accountability, ensuring legal strategy supports both compliance and competitive advantage. If you would like to connect, please contact me at c••••••••@gmail.com.
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