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Name: Rowe, Tom
Current Position: Former President and CEO

Baltimore native Thomas E. Rowe, president and chief executive officer (CEO) of the State Fund since August 2010, abruptly resigned in November 2013.

Rowe received a bachelor of science degree in business administration from Maryland’s Towson State College (now Towson University) in the early ’70s. He is a chartered property and casualty underwriter.

Rowe worked for about 25 years with Fireman’s Fund Insurance Co., holding a variety of senior executive positions including responsibility for underwriting, marketing and policyholder services. He was named senior vice president of national accounts in 1986 and became president of Fireman’s Commercial Insurance Division six years later. He eventually joined Fireman’s board of directors and, after the company was purchased by Allianz Insurance Company, served on its board.

Rowe joined Trilogy Insurance Services in 2002 as general manager of the vendor's Financial Services Industry Group. He left in 2007 to become a senior official at Arthur J. Gallagher & Co., a multi-faceted international enterprise heavily involved in technological initiatives encompassing brokers, consultants and third-party administrators in the insurance industry.

Rowe struck out on his own a year and a half later and formed T. Rowe Strategies, a consulting firm that focused exclusively on the property and casualty insurance industry.

Rowe has a three-year contract with an annual salary of $450,000, bonus eligibility equivalent to 30% of salary, a monthly recruitment and retention payment of $1,500, and California state civil service benefits. He moved to Marin County, California, with his wife and four children in 1992.

 

Official  Bio  (State Fund website)

State Fund Board Names Tom Rowe President and CEO (State Fund website)

Fireman's Exec Joins Trilogy (by Greg MacSweeney, Insurance & Technology)

State Fund CEO Tom Rowe: Embrace Change and Don’t Look Back (by Nicole Zaro Stahl, Hacienda)

New State Fund President Passionate About the Business (Workers’ Comp Executive)

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