Thomas Lynch founded Lynch Ryan & Associates, Inc. in 1984. As President of Lynch Ryan, Mr. Lynch led the company to the pre-eminent position among management loss consulting companies in the United States.
Mr. Lynch grew Lynch Ryan to more than 50 employees, with revenues of $11.5 million and subsidiary offices in Los Angeles and St. Louis. He is credited with creating the Massachusetts Qualified Loss Management Program, which led to the formation of an entire loss management industry throughout the Commonwealth.
In 1991, Mr. Lynch successfully negotiated the sale of Lynch Ryan to Travelers Insurance. Lynch Ryan became a principal subsidiary of The Travelers, helping it to capture contracts with many of the Fortune 500 companies. During the Travelers period, Mr. Lynch was the primary negotiator in winning for Travelers the right to service the entire Assigned Risk Pool of the state of Missouri. Subsequently, with Mr. Lynch’s assistance and consultation, Missouri implemented its own version of the Massachusetts Qualified Loss Management Program.
In 1996, Lynch negotiated an amicable buyback of Lynch Ryan from Travelers. Immediately following this, the firm embarked on a joint venture with Worcester Insurance Company (a member of the Harleysville Group) to create a new Massachusetts workers’ compensation insurance offering, called COMPlus™. This successful venture was run out of the Lynch Ryan headquarters in Worcester, Massachusetts, and Lynch Ryan’s worksite-based, loss management systems were seamlessly woven throughout the product. Further, Lynch Ryan redesigned its systems to accommodate the smaller size of Worcester’s traditional client base and trained all of Worcester’s employees who were attached to COMPlus™.
Since 1996, Lynch Ryan’s principle workers’ compensation consultation has been to insurers and to employers on behalf of insurers. In that regard, Lynch Ryan has created consulting programs for fleet, homebuilders, wreckers, contractors and other specialized business classes.
Prior to founding Lynch Ryan, Lynch was Safety and Health Director for Fort Devens and Department of the Army operations in New England. He was the Principal Guest Lecturer at the Army Training and Research Center at Fort Rucker, Alabama.
During this period (1978), Massachusetts Governor King appointed Lynch Chairman of a newly formed Task Force for Child Passenger Safety. Under his leadership, Massachusetts became the first state in the country to require that children be restrained in child safety seats or seat belts. Lynch was principal author of this legislation. Since passage of the Massachusetts Child Passenger Safety Bill, nearly every state in the nation has followed suit and the National Highway Traffic Safety Administration has estimated that more than 30,000 children’s lives have been saved. For his work on the Task Force, Lynch was awarded the second highest medal a civilian can earn during peacetime.
Prior to his service at Fort Devens, Mr. Lynch served with distinction for four years in the US Army. During this time he attained the rank of Captain and served as Platoon Leader and Company Commander in Vietnam for 15 months.
Lynch has been widely published in Cash Flow, CFO, Inc. Magazine, the Boston Globe, Risk and Insurance, Risk Management, Insurance Times, and a variety of other business and insurance publications. A noted authority on workers' compensation, he has made presentations for numerous national forums and has conducted television and radio interviews throughout the nation.
Active in community service, Lynch serves on the Board of Directors for numerous health, education, cultural, and human service entities. He is an overseer of the Joslin Diabetes Center, a corporator of the Worcester Ecotarium, and was formerly a member of the business board of WGBH-Television, in Boston. He lectures on Entrepreneurism at the Clark University Graduate School of Business, where he is a member of the Business Advisory Committee.
Mr. Lynch received an A.B. in Philosophy and History from St. John’s Seminary.