Philadelphia Insurance Companies Names New Senior Vice President


Bala Cynwyd, PA, February 20, 2019 - Philadelphia Insurance Companies (PHLY), a leading commercial property/casualty and professional liability insurance company for niche markets, announces the promotion of George Schalick from vice president to senior vice president of underwriting.

Mr. Schalick will continue to oversee the Management and Professional Liability (M&PL) Underwriting Division in his new role. He joined PHLY in 2002 as an underwriting trainee and has held several positions through the last 17 years, from underwriter, underwriting manager, product manager, and assistant vice president to division vice president. He has been involved in and led several product, workflow development, and Tokio Marine Group company collaborations. The M&PL Division under Mr. Schalick's leadership in the last two years has grown 18% with some of the best loss ratios in the history of the division.

"George has contributed greatly to PHLY's growth and success over a number of years," said John Glomb, executive vice president and chief underwriting officer. "He's helped expand relationships with key business partners and strengthen our management and professional liability products to deliver excellent results. I am looking forward to the future of the Management and Professional Liability Division under George's leadership."

Mr. Schalick earned his undergraduate degree from the University of Richmond in 2000 and his MBA from Penn State's Smeal College of Business in 2016. Headshots are available upon request by emailing phlypr@phly.com.

About Philadelphia Insurance Companies
Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. The Company is rated "A++" (Superior) by AM Best Company and "A+" for counterparty credit and financial strength by Standard & Poor's. In business for over 50 years, PHLY is nationally recognized as a member of Ward's Top 50, one of the Best Places to Work in Insurance, and one of the Healthiest 100 Workplaces in America. The organization has more than 50 offices strategically located across the United States to provide superior service. For more information, please visit www.PHLY.com.

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