CINCINNATI--(BUSINESS WIRE)--FCIA Management Company, Inc. (FCIA), a member of the Great American Insurance Group, announced that Philip J. “Phil” Lally was named President of the Company, succeeding Lindley M. “Lin” Franklin, who will retire in early 2015. Mr. Lally joined FCIA in 1991 as Vice President and Treasurer and was promoted to Executive Vice President in 2000. Prior to coming to FCIA, Mr. Lally worked for Deloitte and Touche.
Mr. Lally has more than 20 years of leadership and insurance experience. He holds a Bachelor of Science degree in Accounting from SUNY at Albany. Mr. Lally is also a Certified Public Accountant (CPA), licensed to practice in the State of New York.
About FCIA
Through its parent, Great American Insurance Company, FCIA Management Company, Inc. (FCIA) offers an array of flexible coverages against commercial and political non-payment risks that can help businesses grow profitably and securely. FCIA and its associated organization, the Foreign Credit Insurance Association, have been trusted partners in providing Trade Credit Insurance over 50 years, meeting customers’ needs throughout numerous political and financial crises that have occurred around the world.
About Great American Insurance Group
Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses, and in the sale of traditional fixed and fixed-indexed annuities in the retail, financial institutions and education markets. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for over 100 years (most recent rating evaluation of “A+” (Superior) as of February 21, 2014). The members of the Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange and the Nasdaq Global Select Market under the symbol AFG.
