Philadelphia Insurance Companies (“PHLY”), a property/casualty and professional liability insurance company for niche markets, has named Robert (Bob) D. O'Leary, Jr., the new president and chief executive officer of the company, effective immediately. Mr. O'Leary currently serves as PHLY's executive vice president and chief marketing officer. Sean S. Sweeney is stepping down as president and CEO of PHLY for personal reasons.

“Bob has been a significant influence on the success and expansion of PHLY's operations during his 30 years with the company,” shared Jamie Maguire, chairman of Philadelphia Insurance Companies. “I look forward to working with Bob to continue our tradition of excellence, superior service, and partnerships with the communities we serve.”

Mr. O'Leary's insurance career began in 1977 as an industrial sales representative for American Mutual Insurance Company. Five years later he joined Maguire Insurance Agency (the original marketing name of Philadelphia Insurance Companies) as a regional manager for the New England Region. He was named regional vice president of PHLY in 1986 and managed the Great Lakes area in addition to New England and New York. As the company's business became more concentrated, Mr. O'Leary's territory became the Northeast Region, which encompassed New England and New York. In April 2006, he was named senior vice president for the Eastern Territory, and two years later he was promoted to executive vice president of marketing. Mr. O'Leary assumed the role executive vice president and chief marketing officer in January 2012.