Thomas (Tom) Jones

BBA '68, MBA '71

Career Background

Thomas C. Jones retired in 2020 as Chairman of the Board and senior advisor of Hagerty, the leading global producer of automobile and boat insurance for collectors. Prior to joining Hagerty in 2005, he served during 2003 and 2004 as Director of the BBA Program and Executive-in-Residence at the Stephen M. Ross School of Business at the University of Michigan. Prior to joining the Ross School, Mr. Jones served as president of CIGNA Reinsurance: Property & Casualty; president of CIGNA Individual Insurance; and president of CIGNA Investment Management. In 2002, Mr. Jones retired as President of CIGNA's Retirement & Investment Services Division, a leading asset management and retirement services firm with assets of over $80 billion. Prior to joining CIGNA in 1994, Mr. Jones was executive vice president and chief operating officer of NAC Re Corporation, where he was a founding member of its board of directors. Earlier, he held several senior management positions at General Re Corporation and served as Michigan’s Commissioner of Insurance. Mr. Jones has also worked in an executive capacity in the Michigan Department of Commerce and as an advisor in the office of Governor William G. Milliken.

Mr. Jones serves as a member of the President’s Advisory Group of the University of Michigan. He is a member of the Ross School Advisory Board. Mr. Jones received in 2005 the Bert F. Wertman Alumni Service Award from Ross School of Business. He is a Fellow of Northwestern Michigan College.

Mr. Jones has an Associate of Arts degree from Northwestern Michigan College and a BBA degree and an MBA degree from the University of Michigan and has participated in the Advanced Management Program of the Harvard Business School.