Bala Cynwyd, PA, December 11, 2023 - Philadelphia Insurance Companies (PHLY) is proud to announce that its President & CEO, John Glomb, has been named one of the Most Admired CEOs by the Philadelphia Business Journal.

Twenty-seven executives were recognized as leaders who have earned respect within their companies and from outside observers. Glomb was nominated by the CEO of the Children's Scholarship Fund of Philadelphia.

"John immediately said "yes" to a request to join the Children's Scholarship Fund Philadelphia (CSFP)'s Breaking Barriers Committee after graciously hosting and sponsoring CSFP's Lottery Day event in December of 2022," shared Keisha Jordan, President and CEO at CSFP.

"John has been a valued member of the committee, actively participating in meetings, inspiring fellow committee members by sharing why he supports CSFP and making meaningful connections for the organization. John and PHLY made a four-year funding commitment to CSFP, which allowed the organization's CEO to become a member of the Satell Institute. Mr. Glomb continuously demonstrates a high level of care for CSFP students and their families."

Glomb joined Philadelphia Insurance Companies in 2007 and was appointed President in 2020 and CEO in 2021. That same year, he was also named CEO of Tokio Marine North America Services. Just this week he was appointed CEO of TMNA, Inc. (TMNA) effective January 1, 2024. TMNA is the holding company for four Tokio Marine Group companies in the U.S. whose subsidiaries include PHLY, TMNAS, Tokio Marine America Insurance Company, and First Insurance Company of Hawaii.

Prior to the Most Admired CEO award, Glomb was also recognized as a top-scoring leader of all companies surveyed in the 2022 Philadelphia Inquirer Top Workplaces Awards. That recognition was based solely on employee feedback.

Philadelphia Insurance Companies is a nationwide insurance company offering coverage and services to over 100 specialized industries. PHLY is renowned for being a leading provider of coverage to non-profit and human service organizations. Glomb's philanthropic vision includes amplifying PHLY employee voices nationwide, uncovering non-profit missions close to employees' hearts. Glomb is the Chairman of the PHLY Foundation, whose mission is to award grants nationwide in the areas of environmental causes, missions dedicated to health and wellness, disaster relief, arts and culture, and education

Outside of PHLY's philanthropic efforts, Glomb is involved in several missions aiming to provide young people with access to effective educational outcomes. He has served on the Board of Trustees at AIM Academy for 13 years and recently was appointed to LeMoyne College's McNeil Academy Executive Committee, investing time and energy in the future insurance industry pipeline. He also serves as the co-chair of the University of Pennsylvania Rowing Sports Board.

The Children's Scholarship Fund Philadelphia aims to provide underserved Philadelphia families with financial access to quality, safe, K-8th grade, tuition-based schools. The Breaking Barriers Committee is responsible for spearheading support that will allow CSFP to increase the number of scholars served to 7,700 within five years.

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 60 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 is strategically located across the United States to provide superior service. For more information, please visit www.PHLY.com