Philadelphia-based Penn Mutual Life Insurance Company has appointed Wade Harrison as president.
“Wade brings deep industry knowledge, extensive experience, and a strong connection to our purpose and commitment to mutuality,” Dave O’Malley, Penn Mutual chairman and CEO, said. “I’m confident his leadership will help advance our strategy and position Penn Mutual for continued strength and long-term success.”
Harrison has more than 30 years of life insurance experience as well as experience leading a significant virtual work force. He held leadership responsibilities throughout his career that span key life insurer functions. Prior to joining Penn Mutual, he was Protective Life vice chairman and chief operating officer.
In his new role, Harrison will oversee the company’s day-to-day business, advance Penn Mutual’s strategy and lead Penn Mutual’s Enterprise Leadership Team.
“I’m honored to join Penn Mutual and a company with such a distinguished history, clear sense of purpose, and enduring commitment to policyholders,” Harrison said. “I look forward to listening and learning from Penn Mutual’s employees and financial professionals, building strong relationships, and working together to build on the company’s momentum.”
The Penn Mutual Life Insurance Co. and its affiliates offer a comprehensive suite of competitive products and services including annuities, institutional asset management, life insurance, and wealth management.