Company Overview of Philadelphia Financial Group, Inc.
Philadelphia Financial Group, Inc. is an insurer and administration company that provides insurance and investment management solutions. The company offers private placement life and annuity solutions to the high net worth markets through business partners, including independent insurance brokers, independent financial advisors, private banks, family offices, law firms, and accounting firms. It also provides insurance solutions for institutional markets, including foundations, endowments, pension plans, and other sophisticated institutions; and bank-owned/corporate-owned insurance markets. In addition, the company offers strategic insurance solutions that assist financial advisors in managin...
One Liberty Place
1650 Market Street
Philadelphia, PA 19103
Founded in 1988
Key Executives for Philadelphia Financial Group, Inc.
Chief Executive Officer, President and Director
Chief Financial Officer, Executive Vice President and Treasurer
Chief Operating Officer and Executive Vice President
Executive Vice President, General Counsel and Director
Chief Marketing Officer and Executive Vice President
Compensation as of Fiscal Year 2015.
Philadelphia Financial Group, Inc. Key Developments
Philadelphia Financial Group, Inc. Presents at Family Office & Private Wealth Management Forum - West, Oct-28-2014 08:40 AM
Oct 24 14
Philadelphia Financial Group, Inc. Presents at Family Office & Private Wealth Management Forum - West, Oct-28-2014 08:40 AM. Venue: Napa Valley Marriott Hotel & Spa, 3425 Solano Avenue, Napa, CA 94558, United States.
Friends Life Reportedly Coming Close On Sale Of Lombard International
May 27 14
Friends Life FPG Limited is closing in on its £400 million sale of Lombard International Assurance S.A. as private equity companies compete in a bidding battle, reported Sky News. According to Sky News, The Blackstone Group L.P. (NYSE:BX) and Philadelphia Financial Group, Inc. will make a joint offer for Lombard, following Friends Life starting talks to sell the division six months ago. Philadelphia Financial targets high net-worth families through intermediaries and sees Lombard as an attractive way to develop that area of its business, Sky News reported. Permira Advisers Ltd. is also expected to lodge a bid. However initial interest from Warburg Pincus LLC is said to have fallen. Sky News also said it is understood that Andy Briggs, Chief Executive Officer of Friends Life, has set a June 2014, deadline for offers and had appointed Barclays to look into the disposal.
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