Preferred Managing Agency Revenue and Competitors

Founded in 1998, Preferred Managing Agency (PMA) began as the exclusive managing general agency of Capitol Preferred Insurance Company. In 2005, PMA expanded its operations and contracted with Southern Fidelity Insurance Company (SFIC), and in 2007, established an insurance agency, Southern Financial Insurance Group. In 2020, Capitol Preferred Insurance Company merged with and into Southern Fidelity Insurance Company making SFIC PMA’s sole insurance carrier. Managing over 232,000 policies through SFIC in Florida, South Carolina, Louisiana, and Mississippi, PMA’s goal is to provide the most cost-effective operations possible for its partners including customer service, marketing, underwriting, and claims services. Reaching this goal means our associates will be able to expand and continue to provide valuable coverages to policyholders and grow their network of independent agents for years to come. Southern Financial Insurance Group (SFIG) is an established independent agency that offers personal and business insurance services in Florida and South Georgia. Their insurance professionals not only have an in-depth understanding of insurance products but also advise individuals and businesses on insurance and financial planning products. PMA formed National Consumer Title Insurance (NCTI) in 2018, adding to their services offered. NCTI’s team of experienced professionals assist by quickly obtaining accurate information and making timely, well-informed underwriting decisions to execute business functions with maximum efficiency and minimal effort.