About Michael

Michael
Michael Farrell
President and Chief Operating Officer

Mike Farrell serves as President and Chief Operating Officer for Anchor Insurance Holdings, Inc., and its subsidiary companies: Anchor Property & Casualty Insurance Company and Anchor Specialty Insurance Company. In this position, Mike is responsible for developing Anchor’s overall business strategy and long-term vision for the company. He oversees the company’s expansion plans and launch of its preferred homeowners products in new states while managing and growing the existing book of business in Florida.

Prior to joining Anchor, Mike was a Product Manager at American Strategic Insurance where he played a lead role in the introduction of 25 new products in five states and he was in charge of the in house Generalized Linear Modeling process.

Mike also has experience as a Catastrophe Modeling Manager, analyzing the catastrophe risk for a book of business and assisting in product pricing. This includes projecting reinsurance expense and making recommendations for the structure of the reinsurance program.

Before working in the property insurance business, Mike worked as financial analyst for MetLife.  He received a B.S. in Finance with honors from the University of Florida.