PHILLY INSURANCE COMPANY 50TH ANNIVERSARY

 

 

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PHILLY INSURANCE COMPANY 50TH ANNIVERSARY COMMEMORATIVE PAINTING 2013

It is not every day that an artist receives a cold call from the CEO of a 5 Billion Dollar Public Insurance Company. But that is exactly what happen when Jamie Mcguire Jr. , CEO of Philadelphia Insurance Companies wrote the Pop Artist the following email on July 28th 2012

” Hello, A true & inspiring entrepreneurial story. 50 years ago, James Maguire started Philadelphia Insurance Companies (www.phly.com) and after becoming a public company in 1993, realized his dream of becoming a successful, multi-billion dollar corporation. November 9th, 500 key partners/employees/customers will gather at the Constitution Center to celebrate PHLY’s Entrepreneurial Spirit & Jim Maguire’s legacy. I would like a commemorative painting which captures the energy, passion, people & places which have mad us so successful. With time so short, please contact me at xxx-xxx-xxxx to discuss.”

Thank you. -Jamie Maguire (Jim Maguire’s oldest son & current Chairman & CEO)

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What followed was six weeks of precise art direction between Milou and Mcguire, forming an artistic team in creating Milou’s Commemorative Masterwork titled PHLY 50! The 96/66 inch mixed media oil on linen combines the artist signature Pop-style, including central portriats of Jim Mcguire Sr. and his wife Frannie. Corporate logo’s of partners and other significent VIPS in the company are either painted or three dimensional photographs that create an incredible collage within the canvas.

The masterwork was stategically showcased at the 50th Anniversary Gala held at The National Constitution Center on the evening of Nov 9th 2012. With the entire Mcguire family present as well as 500 key partners ,including Shuzo Sumi,CEO of Tokio Marine Group, the painting was a smashing success. So much so, that Mr. Mcguire purchased the copyright from the artist and is presenting over 2000 employees and partners nationwide a signed 36/24 inch lithograph of the painting.

ALL ABOUT PHLY INSURANCE COMPANY

James J. Maguire, Sr. is the Founder and Chairman Emeritus of Philadelphia Consolidated Holding Corporation. In 1980, Mr. Maguire formed the Company, which today owns several subsidiaries including Maguire Insurance Agency, Inc., an insurance marketing company licensed in all states; Tokio Marine Specialty Insurance Company, approved to write surplus lines insurance in all states; and Philadelphia Indemnity Insurance Company, its flagship company, licensed to write property and casualty insurance in all 50 states.

The Maguire Insurance Agency was formed in 1962 and began offering specialized insurance solutions to the automobile industry. In 1969, the Maguire Insurance Agency landed its first nationwide account with Chevrolet dealers. This led to the creation of the innovative and comprehensive WHEELWAYS program for automobile dealers. On the strength of this program, the Maguire Insurance Agency expanded to 15 offices across the country by the mid-70′s.

The Company began operating as Philadelphia Insurance Companies (PHLY) in 1987 and two years later started offering insurance to non-profit social service agencies and health and fitness clubs – two niches which remain at the core of its business today. After going public in 1993, PHLY would eventually grow to offer coverage in over 80 niche business markets and employ 1,600 people in 50 offices across the country. In December of 2008, Mr. Maguire – working with the CEO and PHLY management team – negotiated and completed what is considered to be one of the largest transactions for financial firms in Japanese history, merging PHLY with the Tokio Marine Group.

Mr. Maguire, a Korean War veteran, is a graduate of Saint Joseph’s University (’58) and also holds honorary degrees in Law from Gwynedd-Mercy College, Chestnut Hill College, and is an honorary member of Beta Gamma Sigma. He is a past member of the Board of Directors and Executive Committee for The Pennsylvania Insurance Federation, a charter member of the St. Joseph’s University Magis Society, a recipient of the Shield of Loyola (the University’s highest honor), and has been honored by the University which named their new 38 acre Merion campus “The James J. Maguire ’58 Campus.” He is also the author of a biography titled “Just Show Up Every Day” (available on Amazon.com and the Kindle Store), which chronicles the history of Philadelphia Insurance Companies, the Maguire family, and his personal struggle with dyslexia. Mr. and Mrs. Maguire are Co-Principals of the Maguire Foundation, a philanthropic enterprise which focuses its resources on education.

Under Mr. Maguire’s leadership, his company was active in Philadelphia Futures, a mentoring program for underprivileged intercity high school students. This participation funded five students who attended Saint Joseph’s University. Other major non-profit programs which Maguire Foundation support and sponsor include the Pennsylvania School for the Deaf in Germantown, Mercy Vocational High School where they underwrite the business education program, St. Vincent’s Shelter in Germantown, PA, a soup kitchen and summer camp for underprivileged children and a number of other Philadelphia area non profit institutions. Also, he and his family are major fundraisers for St. Vincent’s Thanksgiving morning 5-mile “Turkey Trot” which has been run consecutively for the past decade.

The Maguire’s have been married for 55 years and residents of Chestnut Hill, PA for more than 43 years. They are very proud of their 9 children and 21 grandchildren. Their oldest son, James J. Maguire, Jr., assumed the position of President and CEO of Philadelphia Insurance Companies in 2002 and was subsequently named Chairman of the Board in February of 2010.