The People of Thompson Hutton LLC

The primary focus of Thompson Hutton, LLC is on the growth and development of each of the 12 ventures in the XL Innovate portfolio of investments.  Tom Hutton serves as a Director and mentor to the management teams, and has been said to have “more contact with (individual investments) than all other Board members combined.”  Each company represents a unique passion, and he played a key role in each of the investment decisions.

In addition to the XL Innovate portfolio, Tom serves as an Advisory Director at three active investment firms:  Brewer Lane Ventures (early stage Insurtech and Fintech); Genstar Capital (multi sector, middle market Private Equity); and Stone Point Capital (financial services Private Equity).

He is also an investor and Board member at a small group of private companies that include Archipelago (property risk management); iREITS (commercial real estate investment management); Long Meadow Ranch (LMR, wine and hospitality); Social Finance (SoFi, online financial services); Philbrooks Boatyard (marine services).  He serves as a Trustee of the New York Yacht Club.

Tom is considered a rare veteran in the Insurtech Venture Capital community, having participated as an entrepreneur or investor for nearly 35 years. As an entrepreneur, a long-term insurtech venture investor, and a director in several successful insurance and financial technology companies, Tom’s career has been dedicated to risk management … even when the risk was his own. In his mid-twenties, Tom owned a commercial fishing boat (that he designed), and to address the high cost of insurance, he grouped ten fishermen together and pooled their risk by buying insurance in excess of one major loss. In effect, he started an early insurance cooperative.

After working as a Consultant at McKinsey and Company, Tom served for ten years as the first CEO of Risk Management Solutions, a pioneer and global leader in providing risk modeling software, data and analytic services related to catastrophic risks to the insurance industry. His insurance career continued as CEO of White Mountains Re and Board Director of several insurance and reinsurance companies including XL Group, Safeco, Montpelier Re, Centre Cat, and Palomar Specialty.

In 2011, Tom founded New Energy Risk in partnership with XL Group. Tom served as CEO until the founding of XL Innovate in 2015, and currently serves as Chairman. New Energy Risk addresses opportunities to apply insurance to support the development and financing of clean technology and renewable energy solutions and infrastructure, through an innovative form of insured technology performance.

Tom earned his BA in Economics and MS in Mechanical Engineering from Stanford University and his MBA from Harvard Business School. Tom is involved in several non-profit organizations with an emphasis on secondary school education and environmental issues. He recently served for several years as a Trustee at Phillips Exeter Academy in New Hampshire, where he was President from 2008 to 2015.  He and his family pursue philanthropic interests through the Hutton Family Foundation.  His recreational interests include Sailing, Skiing, Bicycling and travel.