Preferred Mutual Insurance Company Appoints Two New Members to Board of Directors

Preferred Mutual Insurance Company ("Preferred Mutual") is pleased to announce the appointment of two new members to the company's board of directors.

Joining the board are Heidi Hoeller, CPA, retired Partner, PricewaterhouseCoopers, and Dr. Michael Hayduk, Deputy Director, Information Directorate for the Air Force Research Laboratory. Hoeller will serve on the Audit and Risk Committee, and Hayduk will serve on the Compensation Committee.

"We are excited to welcome Heidi and Michael to our board of directors. They bring decades of leadership and expertise in property & casualty insurance auditing and accounting, and engineering and advanced computing technologies, respectively," said Preferred Mutual President and Chief Executive Officer, Christopher P. Taft. "Heidi and Michael's perspective and insight will be vital as we navigate the current state of the industry during this unprecedented time while also focusing on strategies for the future of our organization. We look forward to their contributions as we continue to deliver on our commitment to helping customers Live Assured."

Heidi Hoeller, CPA, is a retired Partner from PricewaterhouseCoopers (PwC). She spent over 25 years at PwC working with global and regional property and casualty insurance clients on regulatory and compliance reporting and audits. She is a CPA, and also a champion of diversity and inclusion in the workplace.

Dr. Michael Hayduk
is currently Deputy Director, Information Directorate for the Air Force Research Laboratory in Rome, NY. He has spent almost 30 years with the Air Force Research Laboratory, and has held many positions while honing his engineering, networking and communication technologies expertise. He also has significant research and development experience in advanced computing technologies, such as nanocomputing, quantum computing, optical computing, and computational intelligence.

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Preferred Mutual

Preferred Mutual Insurance Company provides property and casualty insurance coverage to more than 232,000 individual and business customers through a network of more than 500 independent agents throughout New York, New Jersey, Massachusetts and New Hampshire. In business since 1896, Preferred Mutual is rated "A" by A.M. Best Company and is headquartered in New Berlin, New York. Learn more at www.preferredmutual.com.

Alicia Randazzo