Preferred Managing Agency logo — Providing superior management and insurance services through...

Preferred Managing Agency

Providing superior management and insurance services throughout the Southeast since 1998.

Founded 1998 United States Tallahassee, United States 40 employees Financial Services, Insurance

General Information

Company Name Preferred Managing Agency
Founded Year 1998
Location United States Tallahassee, United States +1
Employees 40
Industries Financial Services, Insurance
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About Preferred Managing Agency

Preferred Managing Agency (PMA) has been providing superior management and insurance services throughout the Southeast since 1998. Originally established as the exclusive managing general agency of Capitol Preferred Insurance Company, PMA expanded its operations in 2005 by contracting with Southern Fidelity Insurance Company (SFIC). Following the 2020 merger of Capitol Preferred Insurance Company into SFIC, the latter became PMA's sole insurance carrier. PMA currently manages over 232,000 policies through SFIC in Florida, South Carolina, Louisiana, and Mississippi. The company is committed to delivering cost-effective operations for its partners, encompassing customer service, marketing, underwriting, and claims services. PMA aims to ensure the expansion and provision of valuable coverages to policyholders, as well as the growth of their network of independent agents for years to come. MISSION STATEMENT: PMA's mission is to offer a solid foundation to its agents and provide clients with peace of mind through its offered services. PMA'S VISION: The vision is to grow PMA into a regional and national company through fee-based income opportunities and conservative risk-bearing products and services. PMA operates in the Financial Services and Insurance industries. Although specific details regarding the last investment and investors are not available, the company's focus on expansion and sustainable growth indicates potential opportunities for investors in the future.

Taxonomy: Insurance management, Managing general agency, Insurance services, Underwriting, Claims services, Policy management, Regional expansion, Fee-based income, Risk-bearing products, Independent agents, Southeastern U.S., Policyholder coverages, Agency network growth

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FAQ About Preferred Managing Agency

Providing superior management and insurance services throughout the Southeast since 1998.
Preferred Managing Agency was founded in 1998.
Preferred Managing Agency is headquartered in Tallahassee, United States.
Preferred Managing Agency operates in the following industries: Financial Services, Insurance.
Preferred Managing Agency has approximately 40 employees.
Top alternatives and competitors to Preferred Managing Agency include United Group Alliance, Strickler Agency Inc., Automatic Data Processing Insurance Agency, Inc., DOVENEST INSURANCE BROKERS LTD, Williams Insurance Agency Rehoboth/Wilmington. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Preferred Managing Agency and United Group Alliance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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