What is Mike Preis?
Headquartered in Jeffersonville, New York, Mike Preis Insurance operates as a comprehensive independent agency providing a diverse portfolio of risk management solutions. The firm serves a broad demographic, ranging from individual policyholders seeking personal coverage for automotive and residential assets to complex commercial entities requiring tailored business insurance. By leveraging its status as an independent broker, the agency offers clients a high degree of flexibility and choice, effectively navigating the complexities of the modern insurance market. Their market position is defined by a century-long commitment to client advocacy and a robust underwriting approach that prioritizes superior protection at competitive price points.
How much funding has Mike Preis raised?
Mike Preis has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Mike Preis
PPP
Public-Private Partnership
What's next for Mike Preis?
With the successful acquisition of this late-stage funding, Mike Preis is well-positioned to accelerate its digital transformation and expand its footprint across the Northeast. The strategic allocation of these funds will likely focus on enhancing the agency's technological infrastructure, enabling more efficient policy management and improved customer engagement platforms. As the insurance industry faces increasing pressure to modernize, this capital provides the necessary runway for Mike Preis to integrate advanced data analytics into its service model, ensuring that the firm remains a preferred partner for businesses and families alike. Future growth will likely center on scaling its commercial insurance division while maintaining the personalized service standards that have defined the agency for nearly a century.
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