October 20, 2017 4:13 AM ET


Company Overview of Preferred Mutual Insurance Company

Company Overview

Preferred Mutual Insurance Company operates as an insurance company. It offers personal insurance products, including homeowners coverage, personal auto coverage, condo complete coverage, renters/tenants coverage, high value home program, mobile homeowners coverage, dwellings rented to others coverage, personal umbrella coverage, snowmobile coverage, boat coverage, valuable possessions coverage, above ground swimming pool coverage, identity fraud expense coverage, and identity theft resolution services. The company also offers commercial insurance products, including contractors coverage, business owners coverage, commercial auto coverage, commercial umbrella coverage, religious institution ...

One Preferred Way

New Berlin, NY 13411

United States

Founded in 1896





Key Executives for Preferred Mutual Insurance Company

President, CEO, Treasurer & Director
Senior VP & Chief Information Officer
VP, General Counsel & Corporate Secretary
Senior VP & Chief HRO
Senior Vice President of Profit Center Operations & Customer Relations
Compensation as of Fiscal Year 2017.

Preferred Mutual Insurance Company Key Developments

Preferred Mutual Insurance Company Appoints Jenifer Rinehart as Senior Vice President, Chief Human Resources Officer

Jenifer Rinehart has been named Senior Vice President, Chief Human Resources Officer of Preferred Mutual Insurance Company. Rinehart will be responsible for developing and executing Preferred Mutual's human resource strategy including talent acquisition, retention, talent development and succession planning, compensation, and performance management. Rinehart brings to Preferred Mutual a wealth of human resources leadership expertise, with more than twenty years of experience in the insurance industry. Prior to joining Preferred Mutual, she held the position of Senior Vice President of Human Resources for WEX Inc. She also previously served as the Vice President of Human Resources for the Homesite Insurance Company, as well as the Senior Vice President of Human Resources for Harleysville Insurance Company.

Preferred Mutual Insurance Company Promotes Michael DeGironimo to Vice President of Claims

Michael DeGironimo has been promoted to Vice President of Claims at Preferred Mutual Insurance Company. In his new role, DeGironimo is responsible for the Claims vision and strategy across multiple products (Property, Auto, and Liability), developing and maintaining the superior service culture Preferred Mutual is known for, and managing claims servicing, risk and costs. DeGironimo has worked in the insurance industry for more than 28 years, and started his career with Preferred Mutual in 2002 as a Claims Representative. He has worked in various roles across Claims including managing No-Fault, Auto PD, Property Claims, and Field Operations. Throughout his tenure at Preferred Mutual, DeGironimo has been instrumental in advancing Preferred Mutual's claims capabilities and building a Claims Department that delivers a superior customer service experience.

James Almy Joins Preferred Mutual Insurance Company as Director of Commercial Lines Underwriting

James (Jim) Almy has joined Preferred Mutual Insurance Company as the Director of Commercial Lines Underwriting. In his new role, Jim will be responsible for overseeing the strategy and production of the Commercial Lines Business Unit including product advancement and initiatives, pricing, research and development, and risk analysis. Jim has more than 20 years of commercial lines underwriting experience, having served in a number of PandC underwriting positions. Prior to joining Preferred Mutual, Jim was an Underwriting Manager for a national program.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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