With over 45 years of distinguished experience in the insurance industry, Mike Stroman brings exceptional depth of expertise and proven leadership to every client engagement. His comprehensive understanding of the insurance landscape and his track record of building and scaling successful agencies make him uniquely qualified to guide insurance professionals through critical business decisions.
Professional Journey
Stroman Consulting Group (2006-Present)
Founded in 2006, Stroman Consulting Group represents the culmination of Mike’s extensive industry experience. The firm specializes in Sales Management, Producer Acquisition, and M&A activities for insurance agents and brokers. Following a brief period serving as Sales Manager at Talon Insurance Agency, LP (2006-2008), Mike returned to lead Stroman Consulting Group full-time, where he continues to help shape the future of independent insurance agencies.
Entrepreneurial Success
Millennium Insurance Agency, Inc. (1996-2004)
Founded and grew the agency from startup to $1.3 million in revenue
Successfully negotiated sale to Dean & Draper Insurance Agency, LP in 2004
Executive Leadership
Financial Guardian (1992-1996)
Advanced from Senior Vice President to Executive Vice President
Led company growth from 29 to 108 employees
Orchestrated one acquisition and launched six startup entities
John R. Ray & Sons, Inc. (1983-1992)
Progressed from Producer to Shareholder
Successfully executed six agency acquisitions
Early Career Development
American General Fire & Casualty (1982-1983)
Achieved highest-ranking Marketing Representative for 11 consecutive months
Promoted to Assistant to the President
Bayly, Martin & Faye/San Antonio (1981-1982)
Account Executive managing Police Professional Liability and Municipal General Liability programs
Achieved remarkable growth from new producer to $600,000 monthly production within six months
The Travelers Insurance Company (1980-1981)
Mike began his career as an underwriter trainee in Houston
Mike contributed to the re-opening of the San Antonio office
Professional Leadership
Industry Involvement
Independent Insurance Agents of Houston
Past President
Director
Chairman of Executive Committee
Chairman of Impact
Independent Insurance Agents of Texas
Multiple committee memberships
Regional Vice President of Impact
Council of Insurance Agents and Brokers
Chairman of Membership for South Texas
Education & Community Leadership
Academic Background
Bachelor of Arts in Managerial Studies, Rice University (1979)
Community Service
St Luke’s United Methodist Church, Houston
2015 Chairman of the Executive Committee
Chairman of the Board of Stewards
Active in Student Ministries
Small group studies leader
Past President, SCCEE Homeowners Association
Director, SCA
Personal Life
Mike has been married to Bonnie since 1980. They are proud parents of three children: Lauren, Ben, and Allie. They cherish their roles as grandparents, and their family has grown to include a daughter-in-law and a son-in-law.
Book A Strategy Call with Stroman Consulting Group
Schedule a 1-1 call with Mike Stroman to see how the Stroman Consulting Group can assist you in selling an insurance agency.
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