Philadelphia Financial Appoints New CFO

Oct 16 2012 | 2:10pm ET

Philadelphia Financial Group, which specializes in the private placement insurance market, has appointed James Hom as executive vice president and chief financial officer to help guide the firm’s continued U.S. and international growth.

"Jim’s demonstrated financial leadership at several large corporations and his hands-on business experience will extend our team’s depth of expertise as we scale Philadelphia Financial for the next phase of growth,” said John Hillman, CEO. “Bringing an executive of this caliber on board enables us to develop and calibrate long-range capabilities designed for organic expansion and further acquisitions,” he added.

Hom joins Philadelphia Financial from Metropolitan Life Insurance Company in New York where he had served as CFO of the international group since 2007, responsible for all financial management activities in over 50 countries. He had previously held senior level executive positions at AON Corporation, CIGNA Corporation and The Travelers Insurance Group. Hom served for 10 years in Pricewaterhouse Coopers’ insurance industry consulting practice after beginning his career with The Hartford Insurance Group.

Philadelphia Financial provides insurance strategies to advisors of high net worth individuals and institutional investors and is a leader in strategic insurance.

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