New Leader at the Helm of State Fund
Tom Rowe, State Fund’s new CEO and president, plans to ensure that California’s largest provider of workers’ compensation insurance remains true to its role of providing all employers, including new ventures and small business, a strong and stable option for their workers’ compensation needs.
“Our financial strength and stability enables us to respond to demands in the marketplace. We stand ready to meet the evolving needs of all our customers,” said Rowe.
State Fund assists more than 200 trade associations through its group insurance program, by providing value-added services such as expert claims handling, medical management teams, safety and health resources, fraud prevention support and specially designed group benefit programs.
This commitment to added value and service remains a priority for Rowe.
“We aspire to be a company that defines and delivers excellence in the workers’ compensation industry” said Rowe.
As CEO, Rowe reports directly to State Fund’s Board of Directors and is responsible for the day-to-day operations of the carrier. The Board named Rowe as president and CEO in August.
Rowe’s industry experience includes almost 25 years with Fireman’s Fund Insurance Company, where he was president of the Commercial Insurance Division, as well as senior roles at Arthur J. Gallagher & Co. and Trilogy Insurance Services.
He also served on the board of directors for Fireman’s Fund, Allianz Insurance Company, the American Insurance Association and The National Council on Compensation Insurance.