Canal Insurance Reviews | Glassdoor

Canal Insurance Reviews

Updated May 16, 2017
57 reviews

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2.3
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David J. Firstenberg
40 Ratings

57 Employee Reviews

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Pros
  • Had very good benefits and encouraged wellness (in 6 reviews)

  • I have to have a twenty word minimum and I can't think of anything else to put (in 2 reviews)

Cons
  • Since the Timmons family is no longer there they have a new CFO, CEO, CIO, COO,All the VP's who are in a power struggle and pit one against the other (in 3 reviews)

More Pros and Cons

  1. "The place is what it is"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I have been working at Canal Insurance full-time (More than 8 years)

    Pros

    Several employees have been there for 30 years or more.

    Cons

    Pay is below average and the business units can't make up their minds.


  2. "All companies have good & not so good qualities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at Canal Insurance full-time (More than 5 years)

    Pros

    Good Benefits, Gym & Clinic on site and most of the people are great to work with

    Cons

    A lot of changes in all departments in the last 5-6 yrs that hasn't settled down yet. Change is good when it is done with confidence and then you have time to settle and see the marked improvement. Constant change, makes you feel like you are working in constant chaos

    Advice to Management

    Listen to the people doing the work. You hired them for a reason. Communicate, communicate, communicate.

  3. Helpful (1)

    "Just Let It Die Already"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Canal Insurance full-time

    Pros

    Free access to physicians and gym

    Cons

    This place is dying on the vine. Just let it go already. The marketshare compared to the "good old days" when the Timmons family still provided leadership has crumbled, and while it may have inched back up a tad, this place is a has been. Sell whatever book of business is left and remember the good days.

    Advice to Management

    The management team is greedy and power hungry. They don't know what they're doing and provide only lip service to the employees really doing the work. Big fish want-to be's in a tiny pond drying up by the month.


  4. "Good Company - Hign Management Turnover in the passed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Greenville, SC
    Former Employee - Anonymous Employee in Greenville, SC
    Recommends
    Positive Outlook

    I worked at Canal Insurance full-time (More than 3 years)

    Pros

    Wellness Clinic - Great Board

    Cons

    Only Senior Management is compensated fairly

    Advice to Management

    They're back on their way up with new CEO


  5. Helpful (4)

    "Underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Canal Insurance full-time (More than 3 years)

    Pros

    Good Benefits.. That is all but there is a 20 word minimum.

    Cons

    Favoritism, spending lots of money to expense management that failed at other insurance companies, having incompetent employees that slide by through favoritism, and many more issues but honestly it can be summed up with one statement. Terrible employee management/work environment.

    Advice to Management

    Remove poor supervisors and managers who do nothing but create a dramatic and hostile work environment.


  6. Helpful (1)

    "Underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Privately owned company in Greenville, SC.

    Cons

    Managerial turnover is very high.


  7. Helpful (7)

    "Fun while it lasted"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Canal Insurance full-time (More than 5 years)

    Pros

    Onsite "gym" and good benefits
    Don't have anything else good to say but have to fill space so that is what is happening.

    Cons

    Favoritism runs rampant, Not enough communication between departments. Upper management doesn't care about employees that don't fall into their clique

    Advice to Management

    Remove favoritism replace upper management that cares about employees.

  8. Helpful (5)

    "Wasted Years"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Greenville, SC
    Former Employee - Anonymous Employee in Greenville, SC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    They first said it was "Family" oriented.

    Cons

    They promised the moon and delivered little.

    Advice to Management

    Pua away your knives and try to help your people instead of stabbing them.


  9. "Canal"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous in Greenville, SC
    Current Employee - Anonymous in Greenville, SC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Canal Insurance full-time (More than 3 years)

    Pros

    Get to work closely with upper management and here their perspectives on different situations.

    Cons

    Communication and favoritism is a real problem.

    Advice to Management

    Make Canal somewhere everyone will be motivated to work and stay longer than a couple of years.


  10. Helpful (1)

    "Great Place To Work / Poor Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at Canal Insurance full-time

    Pros

    Great Benefits, Flexible, Room to Grow

    Cons

    Play Favorites, Do not promote within,


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