Mike Strakhov

Executive Director – Insurance Lending, Live Oak Bank
Mike Strakhov - B&W
Mike Strakhov joined Live Oak Bank with more than 27 years in the Insurance industry. He has held positions as a claim adjuster, commercial producer, personal and commercial lines marketing manager, territory manager and the head of a large multi-state agency. Prior to Live Oak, Mike served as Branch Vice President of CNA Insurance Companies for the state of Ohio. His career also included tenure with Chubb Group of Insurance Companies where he was a Branch Manager responsible for all aspects of management for the states of Alabama and Mississippi. He then moved to First Niagara Risk Management (FNRM) in various roles including, Interim CEO and Managing Director of Field Operations of a $67M+ revenue insurance broker consisting of 90 producers across NY, PA and CT. As a member of the FNRM acquisition team, he participated in the review and analysis of a significant number of potential agency acquisitions. Mike has a Master in Insurance Management from Boston University and a CPCU designation.

Mike is the Executive Director of Insurance Lending at Live Oak Bank. He’s responsible for developing a profitable portfolio of insurance agency loans. He focuses on business development, individual loan structures and acts as a resource to the lending team to help evaluate loan opportunities.