On the heels of its tenth anniversary, the 11th largest insurance broker in the US is opening a new headquarters location in the city of Orlando, creating an estimated 100 new jobs. The company will move into the CNL Center I building owned and operated by Piedmont Office Realty Trust, located at 450 South Orange Avenue.
The company began as a five-employee operation in its current Lake Mary, FL, office, growing to 100 employees at its headquarters with 200 offices nationwide that employ thousands of agents. AssuredPartners will continue to operate in Lake Mary while its headquarters will open in downtown Orlando. The company plans to begin construction at its headquarters in the fall and is projected to open in 2022.
The company says it has chosen the downtown location for its new headquarters because of its connectivity, proximity to SunRail and cultural facilities and other attractive facilities for young working professionals.
Assured Partners considered expanding its headquarters to other locations, including Texas and Missouri. However, it applied for and successfully awarded the Strive Orlando Program and Community Redevelopment Agency (CRA) High Pay High Value Program by the City of Orlando to maintain a competitive edge against these other locations.
Another major factor in the company’s decision to locate in Orlando was a compelling regional value proposition developed by the Orlando Economic Partnership developed to inform the company’s decision. This included a comparative labor analysis and market data against out-of-state competition, and information about live / work experience in the downtown core.
The partnership guided the company through the application and approval process for both incentive programs, with estimated values for new hire training as well as skill-upgrading training for existing employees from CareerSource Florida, and providing the company with access to a local workforce. Connected with Careersource Central Florida. Programs and Services.
“The expansion of a headquarters like Assured Partners is a huge win and will bring high-paying jobs to our community,” said Tim Giuliani, president and CEO of the Orlando Economic Partnership.
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