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The original item was published from 10/20/2021 2:25:42 PM to 10/20/2021 2:56:20 PM.

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City of Greenville - Featured News

Posted on: October 20, 2021

[ARCHIVED] Canal Insurance Company to Locate Corporate Headquarters in Downtown Greenville

Building with Canal Insurance LOGO

Canal Insurance Company has announced plans to expand operations by relocating to a new headquarters location on North Main Street in downtown Greenville. 

Canal will relocate to 101 N. Main Street – the former Bank of America Building – in mid-2022.

Canal specializes in insurance for commercial trucking and other specialty transportation operations. It provides comprehensive insurance products and services including auto liability, motor truck cargo, physical damage, trucker’s general liability coverages and risk management services.

“From here you can change the world is the City of Greenville’s economic development anthem,” said Mayor Knox White. “During the Great Depression and into World War II, Canal Insurance Company and its founders did just that in the long-haul trucking industry. Over the past 80+ years, Canal has grown their business from Greenville. We congratulate them on their expansion and welcome them into the heart of downtown. Bringing another respected, nationally known company headquarters to Main Street shows that Greenville is resourced and ready for quality growth and development.”

President and CEO Paul Brocklebank said the company is operating “more like a start-up than an eight-decade-old organization,” offering new products and incorporating leading-edge technology.

"We view the new office space and location to be a smart fit with the Canal strategy and focus on collaboration and innovation, as we craft new insurance products and services designed for the next generation of motor carrier customers,” he said.   

The company has hired 85 new employees over the last three years and has an additional ten open positions right now.

“On behalf of Canal shareholders and employees, we are excited to deepen longstanding roots in South Carolina and further invest in our people and the community with the decision to move to the 101 North Main building," said Brocklebank. “As a family-owned company, we have considered Greenville home for more than 80 years and share a keen appreciation for the advantages of expanding operations and recruiting employees in such a vibrant city and business environment.”   

Canal Insurance Company will take approximately 65,000 square feet of office space at 101 N. Main Street for its new corporate headquarters and will have exclusive exterior signage rights. The location anchors Greenville’s ONE City Plaza in the heart of downtown Greenville.

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