AssuredPartners strikes into new headquarters
Shortly after its tenth anniversary, the 11th largest insurance broker in the United States is opening a new headquarters in downtown Orlando and is expected to create 100 new jobs. The company will move to the CNL Center I building, owned and operated by the Piedmont Office Realty Trust. It is located at 450 South Orange Ave.
The company began as a five-employee operation in its current Lake Mary, FL office and grew to 100 employees at its headquarters, with 200 offices across the country employing thousands of agents. AssuredPartners will continue to operate in Lake Mary while their headquarters opens in downtown Orlando. The company plans to start expanding its headquarters in the fall and estimates it will open in 2022.
The company selected its new downtown headquarters for its connectivity, proximity to SunRail and cultural facilities, and other attractive features for young professionals.
AssuredPartners considered other locations, including Texas and Missouri, for the headquarters expansion. However, it applied for the STRIVE Orlando program and the Community Redevelopment Agency (CRA) High Wage High Value program and was successfully recognized by the City of Orlando for a competitive advantage over these other locations.
Another key factor in the company’s decision to locate in Orlando was a compelling regional value proposition developed by the Orlando Economic Partnership to help educate the company. This included comparative work analysis and market data against competition outside the state, as well as information on the life / work experience in the inner city.
The partnership also guided the company through the application and approval process for both incentive programs, secured valued values for training for new employees and skills enhancement training for existing CareerSource Florida employees, and connected the company with CareerSource Central Florida for local access Workforce to receive programs and services.
“Expanding a headquarters like AssuredPartners is a huge win and will bring high-paying jobs to our community,” said Tim Giuliani, president and CEO of the Orlando Economic Partnership.