Insurance Business America

Jack McGraw Recognized as Top 35 of the Insurance Industry’s Top Leaders

Insurance Business America


Hall of Fame
WHILE THE term ‘hall of fame’ usually brings to mind sports stars, Insurance Business America is bringing the coveted recognition to the insurance industry. The 35 inductees on the following pages represent IBA’s inaugural class of leaders, pioneers and role models who have set the benchmark for the rest of the industry to follow. These Hall of Famers – all of whom boast at least 35 years of insurance experience – are at the forefront of the industry, inspiring those around them with their wealth of knowledge and accomplishments, and consistently proving themselves to be the best the American insurance industry has to offer.

Born and raised in Omaha, Nebraska, Jack McGraw grew up destined for an insurance career – his native city was a renowned regional insurance hub where many young natives tried to hack their way into a booming business. Celebrating his 87th birthday this December, McGraw has spent an impressive 70 years in the insurance industry, 64 of which have been in a full-time executive position.

McGraw’s illustrious career began in high school, when he took a job working for Central National Insurance Company. Since then, he has aided countless companies in opening up new offices, improving processes and spearheading innovative initiatives. Today, McGraw is responsible for the conception and growth of the McGraw Group of Affiliated Companies, in addition to being active on the board.

He credits his wife, Joan, with being the backbone of the business. “When I left as president of El Dorado and we decided to start our own general agency, I needed a good partner very quickly,” he says. “It turned out that partner was my own wife.” Looking ahead, McGraw hopes to see the industry grow with more family-owned, neighborhood businesses like his to balance out the major corporations.

Distilling his seven decades in the industry into a single lesson, McGraw says nurturing talent is key. “I have to believe that the management of people has to be the core of any good business,” he says. “You need to understand who is doing what so that you can create cohesion in the workplace. Hiring good employees and delegating tasks is crucial to consistency in business.”

Jack McGraw


Founder, president and CEO

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