Overview
Thomas (Tom) M. Jones advises clients on federal and state tax, insurance regulatory and legal matters concerning captive insurance and other alternatives to commercial insurance. He counsels multinational corporations, private businesses, taxable and exempt health care providers, trade associations, joint ventures, government instrumentalities, labor unions and enterprises of all types.
Tom has extensive transactional experience in major US and offshore captive insurance jurisdictions, including Arizona, the District of Columbia, Hawaii, Nevada, South Carolina, Texas and Vermont, as well as Barbados, Bermuda, the British Virgin Islands and the Cayman Islands.
A frequent guest speaker at international seminars and conferences, Tom makes numerous offshore and onshore presentations on captive insurance and related topics.
Results
- Designed and helped implement scores of onshore and offshore self-insurance programs involving single-parent and multi-owner captive insurers and risk retention groups
- Structured, from a legal, tax and regulatory perspective, a captive for one of the largest state university systems
- Serves as curriculum advisor to the International Center for Captive Insurance Education (ICCIE), where he has taught several tax/legal/regulatory courses
Recognitions
- The Best Lawyers in America 2013 to 2020, Tax Law
- The Legal 500 US 2019, Leading Lawyer
- Chambers USA, 2019
- Captive Review Magazine 2014, ranked #1 on its global “Power 50” most influential in captives list: “If all the US captive big players were in one room and I could only speak to one, I’d choose Tom Jones.”
- Captive Review Hall of Fame
- Captive Insurance Companies Association 2008 Distinguished Service Award
- Vermont Captive Insurance Association 2005 Industry Service Award
- Cayman Islands Government, received one of three recognition awards for captive insurance in 2001
- Chambers USA 2016: Sources call Tom “a guru of captive insurance” and highlight that “his grasp of the material is phenomenal.”
- Chambers USA 2015: “He communicates well, is patient and values the opinions of others. He amazes me on how he makes sure that he is prepared and informed on the issues at hand.”
- Chambers USA 2014 and The Legal 500 2014: “Tom’s depth of experience in the captive insurance tax and regulatory environment is unmatched.” “With regard to captives, I cannot imagine a better adviser than Tom Jones.”
- The Legal 500 listed as Leading Lawyer
Community
- American Bar Association
- Chicago Bar Association
- International Fiscal Association
- New York World Trade Center Captive, corporate legal advisor
Credentials
Education
Cornell Law School, JD, with specialization in International Legal Affairs, 1975
Cornell University, MBA, Finance, 1971
University of Illinois at Urbana-Champaign, BA, Finance, summa cum laude with high distinction, 1969
Admissions
Illinois
