Insurance Carrier Information
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Company Description
Philadelphia Consolidated Holding Company (NASDAQ-PHLY) is an insurance holding company. The history of the corporation dates back to the formation of one of its subsidiaries in 1962. The company designs, markets and underwrites commercial and personal property and casualty insurance products incorporating value-added coverages and services for select markets and niches. Among the subsidiaries is Philadelphia Indemnity Insurance Companies, a Pennsylvania-domiciled commercial and personal property and casualty insurer admitted in 49 states.
Product Specialties
The Specialty Lines Division of Philadelphia Insurance Companies underwrites professional and directors and officers products using proprietary policies and rates. The professional liability insurance is available for lawyers, accountants, consultants and other professionals. The directors and officers product is offered to non-profit, for-profit, and financial organizations. In addition, the company provides commercial multi peril coverage for non-profits, schools, and a wide variety of businesses.
Ratings
A+ (Superior)
A Few Interesting Facts
Philadelphia has a long-standing tradition of helping local communities, children in need, and a wide variety of charitable organizations. Philadelphia is a presenting sponsor of the Ironman events.