SOURCE: Philadelphia Financial

Philadelphia Financial

June 12, 2012 10:00 ET

Philadelphia Financial Appoints Ken Somers as Vice President of Human Capital and Management Services

PHILADELPHIA, PA--(Marketwire - Jun 12, 2012) - Philadelphia Financial Group, Inc., a leader in the strategic insurance market, today announced that Ken Somers has been hired as Vice President of Human Capital and Management Services to lead the Firm's talent acquisition and development capabilities, its human resource area, payroll, and facility/management services.

"Ken brings a wealth of broad industry experience and deep functional expertise to Philadelphia Financial," noted John Hillman, President and CEO of Philadelphia Financial. He added, "Most recently, Ken was Vice President & Director of Human Resources for The Hartford's life insurance businesses. Prior to that, he spent a majority of his career in Asia with The Hartford, Morgan Stanley, Towers Perrin and IBM. His passion for facilitating the growth of our organization's talent capabilities will benefit both our clients and our company."

Somers earned an MBA and a BA in English Literature from the University of Massachusetts at Amherst. He currently resides in Bloomfield, CT and will be relocating to the Philadelphia area shortly.

About Philadelphia Financial

Philadelphia Financial, headquartered in Philadelphia, Pennsylvania, provides insurance strategies to advisors of ultra high net worth individuals and is a leader in strategic insurance. Philadelphia Financial principals have significant experience in the complex regulatory issues applicable to this unique product class. The firm is a Family Office Association Resource Council Mentor. For more information about Philadelphia Financial, please visit www.philadelphiafinancial.com.

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