Hoosier Insurance Company Expanding
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAn Indianapolis insurance provider is planning to add nearly two dozen jobs over the next four years. Conner Insurance Inc. wants to invest more than $1 million into an expansion it hopes will grow its Midwest corporate portfolio. December 23, 2014
News Release
INDIANAPOLIS (Dec. 23, 2014) – Conner Insurance, Inc., a provider of custom employee benefits and commercial insurance, announced plans today to expand its operations here, creating up to 23 new jobs by 2019.
The company will invest $1.07 million to lease and equip its 10,000 square-foot offices at 8445 Keystone Crossing in Indianapolis. Designed to attract and develop top talent within the industry, the company’s growth will allow it to expand its corporate clientele across the Midwest.
“Indiana has lowered taxes, cut red tape and invested heavily in infrastructure so that it is easier for businesses to create jobs,” said Eric Doden, president of the Indiana Economic Development Corporation. “Conner Insurance has seized the opportunity this creates, leveraging its services to raise the bar here in the Hoosier State.”
Conner Insurance, which currently employs 26 full-time Indiana associates, has already begun hiring for management, accounting and client services advising positions. Interested applicants may apply by calling 317.808.7711.
“Spurred by a Hoosier business climate tailored for success, Conner Insurance will be able to continue our growth pattern for the next several years,” said Ben Conner, chief executive officer of Conner Insurance. “This support will offer opportunities to collaborate and serve more customers with excellence and integrity. Conner Insurance will continue and strive to be a firm equipped with educated, qualified advisors. We are extremely thankful to be doing business in Indiana, giving us the ability to expand not only our career offerings and capabilities, but also give us the capacity to better serve our trusted partners in the community.”
Conner Insurance has been designing solutions for commercial insurance coverage and employee benefits for more than 65 years. With a focus on insurance, Conner also provides consulting services for human resources compliance, wellness programs and pension plans. The company was a finalist for the 2014 Indiana Healthiest Employers award and was named one of the Healthiest 100 Workplaces in America by Healthiest Employers, LLC. Conner Insurance was also honored as one of the Best Places to Work in Indiana earlier this year.
The Indiana Economic Development Corporation offered Conner Insurance, Inc. up to $425,000 in conditional tax credits and up to $175,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis supports the project at the request of Develop Indy, a business unit of the Indy Chamber.
Conner Insurance’s announcement follows news earlier this year that Angie’s List, a nationwide services marketplace and provider of consumer reviews on local service companies, plans to invest $40 million into its headquarters campus on the eastside of downtown Indianapolis, creating 1,000 new jobs for Hoosiers in the coming years.
About Conner Insurance
Conner Insurance designs and provides custom employee benefits and commercial insurance. From partnerships with individuals and families, to organizations of 500 and more, Conner is more than just a vendor: they’re business and benefits advisors. Top finalists in the Healthiest 100 Workplaces in America, Best Places to Work in Indiana, and the Healthiest Employer of Indiana awards, Conner is committed to improving the lives of their clients, company, and community. By understanding their client’s individual needs, Conner creates an exclusive coverage plan to meet their unique objectives. For additional information and to learn more, call 317.808.7711 and visit www.connerins.com.
About IEDC
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.
The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.
Source: The Indiana Economic Development Corp.