Bala Cynwyd, PA, October 11, 2012
- Philadelphia Insurance Companies (PHLY), a leading property and casualty insurance company for niche markets, announces the hiring of Scott Bayer as the Senior Vice President of Excess and Surplus Lines and the promotion of Tony Angelo to Regional Vice President.
In his new role, Mr. Bayer will be tasked with defining the Company’s presence in the non-admitted market, identifying profitable target niches, providing additional product offerings to existing agents and expanding distribution sources. Mr. Bayer previously worked as the Senior Vice President of Casualty for Valiant Insurance Company, a Bermuda based start-up. Prior to Valiant, he worked as the Senior Vice President of Primary Casualty for Liberty International Underwriters in New York City.
Mr. Bayer holds his BBA in International Management from Pace University in New York and obtained his CPCU designation in 1995.
Philadelphia Insurance is also promoting Tony Angelo from Regional Sales Manager to Regional Vice President of PHLY’s Southeast region. He started with the company in March of 2009 and built a $25 million book of business in Alabama in three years. Before joining PHLY, Mr. Angelo spent 17 years at Liberty Mutual Group, Willis of Alabama and Federated Insurance Companies in various marketing positions.
Mr. Angelo graduated from the University of Tennessee with a BS in Business Administration. He also holds CPCU, CIC, AAI, AU, ARM, and CPIA professional designations.
About Philadelphia Insurance
Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. In operation since 1962, the Company, whose commercial lines insurance subsidiaries are rated "A++" (Superior) by A.M. Best Company and "A+" for counterparty credit and financial strength by Standard Poor’s, is nationally recognized as a member of Ward's Top 50 and National Underwriter’s Top 100. The organization has 45 offices strategically located across the United States to provide superior service. For more information, please visit www.PHLY.com
Corporate Communications Manager