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Business Moves

Business Moves Arch, Coalition Arch Insurance North America and Coalition have formed a multi-year partnership to provide Coalition with long-term capacity for its U.S. and Canada Cyber and Technology Errors & Omissions insurance programs. The capacity will be available through Arch Insurance North America’s carriers. The partnership with Arch will support Coalition, a provider of cyber insurance and security tools to help businesses manage and mitigate cyber risk, as it continues to grow. Over the past year, Coalition has grown to more than $150 million of run-rate gross written premium (GWP) and serves more than 41,000 organizations. Coalition uses an analytics-based approach and in-house cybersecurity services in addressing cyber risk.

Philadelphia Insurance Promotes Pottle to Chief Strategic Operations Officer

Philadelphia Insurance Promotes Pottle to Chief Strategic Operations Officer December 28, 2020 Philadelphia Insurance Companies (PHLY) has promoted Bob Pottle to executive vice president and chief strategic operations officer (CSOO). The CSOO role is a newly created position that will use Pottle’s 34 years of leadership and experience at PHLY to enhance operations serving the company’s agency partners and policyholders. In this new CSOO role, Pottle will be responsible for strengthening the collaboration and delivery of service across PHLY’s marketing and underwriting teams. Pottle has spent his entire 34-year insurance career with PHLY, starting as a marketing representative in 1986. He was promoted to regional vice president of PHLY’s North Central region in 1998 and senior vice president of the Midwest territory in 2006.

Philadelphia Insurance Companies Names New Chief Strategic Operations Officer

Philadelphia Insurance Companies Names New Chief Strategic Operations Officer
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Philadelphia Insurance Promotes Glomb to CEO; O Leary Continues as Chairman

Philadelphia Insurance Promotes Glomb to CEO; O’Leary Continues as Chairman December 15, 2020 Philadelphia Insurance Companies announced that after 38 years with the company, Bob O’Leary will step aside as chief executive officer at the end of the year. President John W. Glomb is being promoted to CEO effective January 1. O’Leary spent the last eight years in the role of CEO and will continue to serve as chairman of the board. Glomb joined Philadelphia Insurance Companies in 2007 as senior vice president of the Management and Professional Liability division. Since taking over as chief underwriting officer in 2011, PHLY launched new Surety, Corporate Underwriting, Environmental, Excess & Surplus, and Accident & Health divisions, and expanded operations to enhance underwriting for small businesses.

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