Charles Taylor has appointed Cullen Sophy as US CEO of adjusting and technical services.
Sophy, whose appointment took effect May 01, previously served as executive vice president of property at Charles Taylor for four years. Through his promotion as CEO, Sophy succeeds Vince Cole, who leaves the company “to pursue another opportunity outside the loss-adjusting industry,” a release said.
The new CEO – who has 25 years of industry experience – will be supported by Charles Taylor’s executive team, which is composed of chief commercial officer Shareen Minor, president of engineering Corey Schrauben, director and EVP David Perry, and managing director and EGA of energy Chuck Kiehr.
A member of Charles Taylor since 2018, Sophy helped lead the expansion of the company’s US property adjusting team – it was under his leadership that Charles Taylor enjoyed rapid growth in the US market. In a Press release, Charles Taylor also noted that Sophy aided in increasing the US adjusting and technical services division’s revenues by eightfold and expanded its capabilities to offer a suite of large-loss and mid-market adjusting solutions across sectors such as property, casualty, cyber, marine, natural resources, engineering and environmental services.
Charles Taylor also stated that under Sophy’s leadership, it posted a record number of new clients in 2021.
“The US Executive team has driven incredible success in the US Adjusting and Technical Services market in recent years. Cullen is an exceptional leader whose track record, market reputation and vision gives me every confidence in our continued success in the months and years ahead,” said Charles Taylor Adjusting CEO Damian Ely.
“During my time at Charles Taylor I have seen the business establish itself as a major force in the US market. And for all that we’ve already been able to achieve in recent years, there is so much opportunity ahead,” commented Sophy. “I’m grateful for the chance to lead our world-class team as we continue our growth journey, and it’s great to be able to hit the ground running.”
