(St. Louis) February 24, 2014 − Paul J. Posey, Jr. is joining Ascension as President, Ascension Risk Services, effective March 3. In this newly created role, Mr. Posey assumes leadership responsibility for Ascension Risk Services efforts to help Ascension manage its diverse risks across the full continuum of care as well as expand its insurance offerings to other healthcare organizations and aligned providers.
Mr. Posey most recently served as Chief Executive Officer of Canopy Claims Management, LLC, of Orlando, Fla., a start-up company established to provide expert policyholder representation in complex property claims. Previously he spent 14 years with Sedgwick Claims Management Services in Memphis, Tenn., most recently as Chief Operating Officer. He was a key leader supporting the growth of Sedgwick from a $100 million revenue company to the industry’s largest claims and productivity management company, with revenues in excess of $1 billion and more than 10,000 employees.
He earned a Juris Doctorate degree from the University of Memphis, and both a Bachelor of Arts and a Master of Business Administration from Christian Brothers University, Memphis. He has served on numerous community, industry and religious boards.