State Compensation Insurance Fund (State Fund), a California-based provider of workers compensation insurance, has appointed Thomas Rowe as its new president and CEO.
Mr Rowe replaces Jan Frank, who left the company in October 2009. He joins State Fund from T Rowe Strategies, a consulting firm serving commercial property and casualty industry. He served for around 25 years with Fireman’s Fund Insurance Company, where he was the president of commercial insurance division.
In addition, Mr Rowe has served in senior roles at Arthur J Gallagher & Co and Trilogy Insurance Services. He also served on board of directors for Fireman’s Fund, Allianz Insurance Company, American Insurance Association, and The National Council on Compensation Insurance.
Jeanne Cain, board chair of State Fund, said: “With executive experience at a national property and casualty carrier, a technology firm that provides insurance solutions to insurance carriers, and a global insurance brokerage organization, Tom brings a rare and valuable perspective to this position, especially given the role technology plays in our rapidly changing world.”