Long-time insurance luminary Tom Sharkey, Sr., was named to the 2007 Entrepreneur Hall of Fame by the Center for Entrepreneurial Studies within Seton Hall’s Stillman School of Business.
CRANFORD, NJ (Oct 8, 2007) – Long-time insurance luminary Tom Sharkey, Sr., was named to the 2007 Entrepreneur Hall of Fame by the Center for Entrepreneurial Studies within Seton Hall’s Stillman School of Business. Sharkey was honored by fellow alumni and New Jersey leaders during an induction ceremony last night at the school’s Jubilee Hall Atrium in South Orange. “I am very honored to become one of the distinguished few elected to the Hall of Fame by the Stillman School of Business,” says Sharkey.
Tom Sharkey Sr. is most recently known for the re-launch of Meeker Sharkey Associates, returning the company to the New Jersey business community. Born in Elizabeth, New Jersey, Mr. Sharkey graduated from Seton Hall Prep and Seton Hall University in 1954. He began his career in 1958 as an independent life insurance salesman, and in the 1960’s partnered with Meeker Co. to form Meeker Sharkey Associates. Under his leadership, Meeker Sharkey Associates grew to become one of the largest U.S. based insurance, commercial risk management and employee benefit companies in the Northeast with over $1 billion in insurance premiums. The company was sold to Summit Financial Services Group in 2000 to create Summit Insurance Advisors, where Mr. Sharkey stayed on as Chairman.
Still a true entrepreneur to this day, Mr. Sharkey recently returned the name Meeker Sharkey Associates to the community with a new and thriving business venture. “There is an upheaval in today’s climate of insurance and benefits that is unraveling the industry and affecting the business community adversely, mainly from banks like Bank of America and Citibank relinquishing their insurance brokerage arms,” said Sharkey, “I am launching a new Meeker Sharkey Associates to return to our roots of comprehensive client services and help balance market forces again.”
This year marks the second annual Hall of Fame induction ceremony hosted by the Center for Entrepreneurial Studies at the Stillman School of Business. Inducted into the Hall of Fame alongside Mr. Sharkey last night was President of American Wear, Inc. John Auriemma. Vino DiGiovanni, Chief Executive Officer & Co-founder of Fleetwash, Inc., and Stephen G. Waldis, CEO & Founder of Synchronoss Technologies, Inc. were the Hall of Fame’s inaugural inductees in 2006, both distinguished entrepreneurs with vastly successful and profitable companies. The Center was formed in 2003 with the mission to foster the entrepreneurial spirit in students, alumni and throughout the New Jersey business community. A major focus of The Entrepreneurial Center is involving alumni and other local entrepreneurs to shape curriculum, to mentor students, to increase their entrepreneurial potential, and to offer student internships. The Entrepreneurial Hall of Fame was founded last year to recognize entrepreneurs of the business community who succeeded against the odds and provide examples of strength to others.
About Meeker Sharkey
For over 100 years, Meeker Sharkey was a leading commercial and consumer focused insurance broker, serving leading national and international clients. With the Sharkey family at the helm, Meeker Sharkey rose to become one of the largest U.S.-based risk management, insurance and employee benefits companies until its sale to Summit Bancorp of Princeton, N.J. in January of 2000. Today, Tom Sharkey, Sr. has re-launched the new Meeker Sharkey, continuing the family tradition of dedicated agents, high-quality client experiences, personal attention and customized commercial risk management and benefit strategies for mid-market companies in the Tri-State region.
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