Michael Tipsord

Michael Leon Tipsord currently serves as Director at State Farm VP Management Corp., State Farm Life & Accident Assurance Co., State Farm Lloyds, Inc., The Hagerty Group LLC, State Farm Annuity & Life Insurance Co., and State Farm Guaranty Insurance Co. He is Executive Director at State Farm Florida Insurance Co. He holds the position of Senior Trustee at The Brookings Institution and Trustee at Illinois Wesleyan University since 2011.
He is a member of the American Bar Association and the Illinois State Bar Association.
Formerly, Mr. Tipsord was Chairman, President & Chief Executive Officer at State Farm Bank, FSB, and State Farm Mutual Automobile Insurance Co. (Ontario, Canada).
From 2015 to 2024, served as Chairman, President & Chief Executive Officer at State Farm Insurance Cos.
He was President, Chief Executive Officer & Director at State Farm Fire & Casualty Co. He was Chairman at The Financial Services Roundtable and Chairman at State Farm Mutual Automobile Insurance Co. in 2024.
From 2009 to 2011, he was Director at Guidehouse, Inc. (Virginia).
He was Director at State Farm Life Insurance Co. and Hagerty, Inc., and Trustee at State Farm Associates Funds Trusts, State Farm Variable Product Trust, and State Farm Mutual Fund Trust.
Education includes undergraduate studies at Illinois Wesleyan University and graduate studies at the University of Illinois At Urbana–Champaign.