Gallagher Bassett Services, a subsidiary of Arthur J. Gallagher & Co, has hired Jim Bond as its CFO. He takes responsibility for the financial side of the claims management, analytical and consultative services firm.
Jim Bond joins Gallagher Bassett Services following more than 10 years at ESIS, a division of ACE, where he held the roles of Chief Financial Officer and Chief Operating Officer. Previously, Bond was the CFO at Cunningham Lindsey, and at Cambridge Integrated Services. Bond graduated from the University of Maryland.
Gallagher Bassett Services, where Bond takes up the CFO position, was founded in 1962 and is a division of Arthur J. Gallagher & Co. The firm provides property/casualty third-party administration for more than 3,500 clients from 100 claims offices across the world. The firm is headquartered in Itasca, Illinois, employs around 5,100 people, and investigates and manages claims as well as provides analytical and consultative services.
Bond will be responsible for the financial affairs of the subsidiary, and reports to Scott Hudson, President and CEO of Gallagher Bassett.
"Jim's financial and operations expertise gained from decades in the claims management sector is a terrific addition to Gallagher Bassett," states Hudson. "He understands the impact quality claims management has for our clients' businesses and the personal impact it has for injured workers or those suffering a loss. My team and I are excited to have him on board.”
Bond, who officially joined Gallagher Bassett in March, adds: "I am excited to be part of Gallagher Bassett and to be working with such an experienced and committed team of professionals. I was drawn by Gallagher Bassett's reputation for delivering superior customer service and the collegial nature of the company."