British-Based Elephant Auto Insurance Invest $2 Million To Locate Headquarters In Richmond, Virginia
06/09/2015
Kevin Chidwick, CEO of Elephant, said, “We chose Richmond for our United States headquarters because of simple cost-benefit economics. The labor force here is excellent – well educated, friendly, hard-working, honest, analytical, creative. The talent pool is plentiful across our many functional business areas, including customer service, claims handling, IT, accounting, marketing, sales, compliance, and insurance operations as well as call center operations.”
“Because of the region’s reasonable cost of living, the financial economics of recruiting, rewarding, and retaining this talent are not only attractive in the short-term, but aligned with our business’s long-term aspirations. Finally, the region’s public leaders have proven to be exceptional business partners during every step of our journey – from research to evaluation, and from launch through on-going support,” he added.
The Virginia Economic Development Partnership worked with the Henrico County Economic Development Authority to secure the project for Virginia. The Greater Richmond Partnership also provided valuable assistance. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“In 2009, Elephant Auto Insurance worked with the Greater Richmond Partnership and Henrico County to locate its United States operation here, and has already grown to be one of our major employers,” said Frank J. Thornton, Chairman of Henrico County Board of Supervisors. “We appreciate the commitment to Henrico County as Elephant has expanded its U.S. footprint, added new jobs and relocated to larger offices in Henrico County. Elephant exemplifies what it means to be a good corporate citizen, and we are proud the company calls Henrico County home.”
“This is exciting news for Henrico County and the Commonwealth,” said Secretary of Commerce and Trade Maurice Jones. “This is another example of a global business that understands the value proposition of doing business in the Commonwealth and is choosing to enhance its investments here. We are proud this fast-growing company calls Virginia home, and we look forward to the continued success of Elephant Auto Insurance.”
Project Announcements
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Point Blank Enterprises Plans Wakulla County, Florida, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024