Matic Establishes Phoenix, Arizona, Western U.S. Operations
The company will move into a 6,000 square foot office space in April at Uptown Phoenix’s LINK. The expansion will complement Matic’s headquarters based in Columbus, Ohio.
“The establishment of our western hub in Phoenix marks a significant milestone for Matic,” said Ben Madick, CEO of Matic. “As a nationwide company with customers in 50 states, including 40% located in non-eastern times, we needed to expand our footprint to better serve our customers. We completed a rigorous selection process and ultimately selected Phoenix due to its size and breadth of talent, nearby universities, and startup tech scene.”
Founded in 2014, Matic delivers an innovative and unbiased approach to home and auto insurance, combining an intuitive digital experience with an agency of trusted advisors. The company’s digital insurance marketplace has grown to more than 40 A-rated carriers, saving consumers hours of work shopping for the best policy and an average of 30% in premiums.
“We are thrilled to welcome Matic to Arizona and are grateful they have chosen Phoenix as their western hub,” said Sandra Watson, President and CEO of the Arizona Commerce Authority (ACA). “Matic’s expansion demonstrates Arizona’s attractiveness as a destination for technology while creating quality jobs for residents. We look forward to seeing Matic establish their new location as part of Arizona’s growing technology ecosystem.”
Matc has already begun establishing relationships with local universities, including Arizona State University, Grand Canyon University, and the University of Arizona.
“Insurtech is a growing and in-demand industry,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. “Matic's decision to scale operations in Greater Phoenix is indicative of the strength of this region and its innovative core, where companies can thrive within a synergetic technology ecosystem. We look forward to partnering with Matic and its continued success in the region."
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