Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Reliance Partners, LLC officials today announced the company will invest $1.3 million to expand its Chattanooga headquarters.
The investment will create more than a hundred new headquarter function positions in Hamilton County over the next five years. Due to increased demand within the industry, Reliance Partners will expand and create these new positions focused on day-to-day operations.
“We are thrilled to see the growth in the Reliance Partners headquarter jobs,” said Hamilton County Mayor Jim Coppinger. “Our thanks to Reliance Partners for their confidence in their continued growth and investment in Hamilton County. This $1.3 million in investment as well as the creation of over 100 new jobs will have a major impact on Hamilton County.”
Reliance Partners, LLC provides insurance brokerage and advisory services in the United States. The company offers transportation insurance solutions, including truck, warehousing and freight broker insurance and other types of insurance and liability coverage.
“Investment in small businesses is essential for healthy economic growth. With the proper support, small businesses grow and add value for our community,” said Chattanooga Mayor Andy Berke. “The City of Chattanooga awarded Reliance Partners a Growing Small Business Incentive Grant in 2016 for creating jobs. As they continue to grow, I’m thrilled Reliance Partners is expanding and investing even more in Chattanooga.”
Since 2015, the Chattanooga Chamber has assisted with new business locations and expansions totaling more than $2 billion in investments and over 6,800 jobs.
“We’re fortunate to have Reliance, a locally based company, continue to support and build Chattanooga’s economy, especially during this challenging time,” said Charles Wood, Vice President of Economic Development at the Chattanooga Chamber of Commerce. “Our city is proud of Reliance’s entrepreneurial culture as it continues to attract talent nationally.”
Additional Quotes
“I’m pleased that Reliance Partners has chosen to expand its headquarters in Chattanooga. Their ongoing investment in the community will positively impact the entire region. I appreciate Reliance Partners for creating jobs and boosting the economy in Hamilton County.” – Gov. Bill Lee
“We congratulate Reliance Partners on its expansion and thank the company for its ongoing commitment to Chattanooga. I’d also like to give a special thank you to the Department of Commerce and Insurance and Chattanooga Chamber of Commerce for their involvement and for helping to bring this project to fruition.” – TNECD Commissioner Bob Rolfe
“This investment represents our commitment to creating new jobs in Hamilton County, and we are grateful to the state of Tennessee for their continued support. We are excited to continue our aggressive growth plans for our Chattanooga branch.” – Andrew Ladebauche, CEO, Reliance Partners, LLC
“As we work to accelerate our local economy, companies like Reliance Partners are leading the way with new hiring and investment. We appreciate their confidence in our talented and dedicated workforce and look forward to their continued growth and success. I also thank Gov. Lee, Commissioner Rolfe and our local officials for their role in bringing these new jobs home. It is a pleasure working with them to make our region the best in the U.S. for job creation.” – Sen. Todd Gardenhire (R-Chattanooga)
“Reliance Partners is a valued employer in Hamilton County that is consistently ranked among the top best workplaces in the nation. Their commitment speaks to our favorable business climate and our ability to provide the talented workforce they need. On behalf of our community, I thank them for their continued investment in Chattanooga now and for many more years to come.” – Rep. Robin Smith, (R-Hixson)