- $1.3 million investment in property and data equipment
- Expansion will create more than 100 new jobs in Hamilton County
NASHVILLE, Tenn. – 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 100 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.
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.
Since 2015, TNECD has supported nearly 50 economic development projects in Hamilton County, resulting in 6,800 job commitments and $1.9 billion in capital investment.
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 Governor 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)]
TNECD Media Contact
Molly Hair, Public Information Officer
(615) 878-0063
[email protected]
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tnecd.com. Follow us on Twitter and Instagram: @tnecd. Like us on Facebook: facebook.com/tnecd.
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