Mike Sterlacci

Chairman &  Former CEO

Mike Sterlacci began his insurance career in 1979 as a captive agent at a major carrier. Seeking to better serve his clients, he moved to the MACSOM agency where he could provide more options in insurance solutions. Mike purchased the MACSOM agency in its entirety in 1995 and changed it’s name to CoVerica in 2014. The name combines covering America with Veritas (Latin for truth).

As CEO of CoVerica, Mike directed the company’s long-term vision. His focused on constant improvement that has fueled the agency’s profit and revenue growth. He took the company from a $10 million premium agency in 1996 to nearly $100 million in 2018. In 2016, Mike and his executive leadership team established the “CoVerica 40” goal—a 40-year roadmap that includes doubling revenues every five years while maintaining the company’s “Best Practice Agency” status, which it has held since 2013.

Mike is passionate about making a difference and helping employees find fulfillment through their careers. As a mentor, he helps up-and-coming agents discover and apply their strengths to add real value to the company and society. During his career, he’s served in a number of professional advisory capacities, including a term as President of the Safeco National Advisory Board.

Together with his wife, Heidi, Mike established the CoVerica Cares charitable arm in 2018 to focus on giving back to charities that impact our local community.

Mike is an alum of the University of Texas and is a Certified Insurance Counselor.

Contact Me

Phone: 972-490-2230
Fax: 972-490-2255

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