Insurance Financing Experts

At Live Oak Bank we believe you deserve peace of mind when capital is needed to grow your business. With a dedicated lending team focused exclusively on the insurance industry, we offer insurance agency loans for agents, MGAs, wholesalers and program administrators. Our team has over 40 years of experience in agency operations, financing and mergers and acquisitions, making us well-positioned to help you grow.

We’re Not Most Banks

  • Cash flow driven lending with flexible down payment options
  • 10 year loan terms, no prepayment penalties (longer terms for real estate)
  • Flexible and efficient closings to meet borrowers’ needs
  • Extensive financing options with competitive rates, no balloons and no covenants
  • Technology-based lending platform streamlines the process with minimal paperwork
  • Consultative relationship that continues after your loan has been financed
We're ready when you are

“I have worked with a number of lending institutions and have found Live Oak to be one of the best to work with. They have a very experienced staff that will actually pick up the phone when you call and work through any situation that arises. They make the process as easy as possible.”
— Chris, Independent Insurance Agent, Raleigh, North Carolina

Insurance Industry Financing Done Right

Live Oak understands the unique opportunities and challenges facing the insurance industry. We are a committed financing partner no matter what your needs may be.

  • Insurance Agents

    Are you an agent seeking financing for growth? Live Oak is your financial solution.

    Learn More
  • Industry Distribution

    Considering an acquisition, real estate purchase or refinance? Our industry experts will tailor a loan package to meet the needs of your insurance business.

    Learn More
  • Refinance to Save Money

    Refinancing existing debt may be one way to improve your insurance agency’s cash flow.

    Learn More

Express Business Loans

We’ve made the qualification process easy and will get the funds to you fast—so you can get back to business. Our online loan application simplifies the process through funding, so you know what’s happening through every step.


Business
Loans

We love complex deals. Our industry experts are focused on helping small business owners obtain financing, no matter what challenges you may have faced in the past. This consultative role brings a value-added perspective throughout our relationship.

Our Insurance Team

  • Kelly Drouillard, CPCU, CPA
    General Manager

    Email Kelly | 913-980-7773

  • Mike Strakhov, CPCU
    Domain Expert

    Email Mike | 614.361.9482

  • Kent Anderson
    Senior Loan Officer

    Email Kent | 727-743-2692

  • Matthew Richter
    Senior Loan Officer

    Email Matthew | 910.300.9610

  • Chris Welch
    eLending Loan Officer

    Email Chris | 910.550.2329

  • Morgan Long
    eLending Loan Officer

    Email Morgan | 910.300.9612