7 People on the Move
John Glomb to Take Over as Philadelphia Insurance Companies CEO
Philadelphia Insurance Companies (PHLY) recently announced the promotion of John W. Glomb to CEO of the company.
Acting CEO Bob O’Leary will continue to work for PHLY as chairman of the board.
Glomb first joined PHLY in 2007, serving as the company’s senior vice president of the management and professional liability division. Since 2011, he served as PHLY’s chief underwriting officer, helping launch several company divisions and small business underwriting operations.
“I am tremendously excited about the opportunity to lead PHLY’s next chapter with the support of our exceptional team. We’ve shown how resilient we are as a company this year, which fills me with optimism for the future,” Glomb shared.
Hinshaw Hires Jonathan D. Jay as Insurance Partner in Minneapolis
Hinshaw & Culbertson appointed Jonathan D. Jay as the firm’s business litigation practice group partner, located in its Minneapolis office.
Jay is described as an experienced trial attorney with expertise in the defense of “businesses accused of alleged infringement in a wide variety of intellectual property disputes.” He was previously a partner with Hellmuth & Johnson, where he focused on intellectual property and insurance defense litigation groups.
“Jon brings a unique mix of insurance coverage and intellectual property experience that offers another dimension to Hinshaw’s national Insurance practice,” said Chairman Peter Sullivan.
“We’re excited to welcome him to the firm.”
Gallagher Hires John Marchisi as National Director
Gallagher has appointed John Marchisi as the national director for its new special purpose acquisition company (SPAC) segment. This segment is located within the financial institutions practice for the firm’s U.S. retail property and casualty brokerage management.
In this role, Marchisi will be responsible for managing and addressing the various risks SPAC operators will face.
Additionally, Marchisi will manage Gallagher’s proprietary process and analytics system that will assist in the underwriting of SPAC programs.
Marchisi brings 15 years of experience in strategic risk management to his new role at Gallagher. Prior to this role, he served as an area vice president for the firm.
Eileen Yuen, managing director of Gallagher’s financial institutions practice, commented, “John is a pioneer in this space, bringing 15 years of SPAC-related expertise, rapidly growing the business segment for Gallagher in 2020, and continuing to educate clients and carriers about SPACs as a strategic risk management solution.”
Lockton Announces Several New M&A Expert Additions
Lockton recently announced the hiring of three mergers & acquisitions experts: Joshua Halpern, Gaurav Sud and Eric Ziff.
All three men joined Lockton to help lead its transaction liability team.
Their appointments are hoped to greatly improve the firm’s “mergers and acquisitions advisory and brokerage capabilities,” according to a press release from Lockton.
Collectively, Halpern, Sud and Ziff bring over 40 years of both corporate attorney and brokerage experience to their new roles within Lockton.
Prior to joining the firm, they worked with Aon and served as senior managing directors as well as member of the leadership group for the North American transaction liability team.
“We’re thrilled they have chosen Lockton and are excited for the value they will create for our clients,” said Peter Clune, CEO of Lockton
Alex Dominguez Joins Insurance Office of America
Insurance Officer of America (IOA) hired Alex Dominguez as the San Diego branch’s commercial lines producer.
Prior to joining IOA, Dominguez served as a commercial insurance broker at Rock 10 Insurance Services, also located in San Diego. He brings over 15 years of industry experience, with a primary focus in workers’ compensation, risk management and business development.
Additionally, Dominguez is a Marine Corps veteran.
“Alex is a welcomed asset, and we are excited to have a professional of his caliber join the IOA family. His expertise in workers compensation insurance will be an added benefit to our clients,” said IOA regional president John Tenuto. &