Company’s investment reflects Ohio’s insurtech and innovation growth
Cincinnati Financial Corporation’s (Nasdaq: CINF) lead property casualty subsidiary, The Cincinnati Insurance Company, prides itself on delivering personalized experiences to clients. The company will expand its R&D operations to accelerate company-wide digital and data transformation, supported by a $2.5 million JobsOhio R&D Center Grant.
Insurance company will significantly grow to prepare the company for major growth in the coming years
Branch Financial, Inc., an insurance company that utilizes innovative technology to make insurance accessible and affordable for everyone, has announced plans to expand its headquarters in Columbus, Ohio, creating 150 new jobs. With 12 full-time employees at its headquarters in Central Ohio, the company seeks to better serve the $370 billion U.S. insurance market.
Headquartered in Cincinnati with offices in NYC, Luma expands due to substantial growth
Luma Financial Technologies offers a digital platform that enables its customers, made up of banks, brokers, and financial advisers, to manage and sell structured financial products. Although its employees are mostly working remotely, it will need to added space to accommodate growth. Luma will expand at its home in Cincinnati.
FIS, JobsOhio and REDI Cincinnati secure company’s long-term strategic presence in Cincinnati.
FIS™, a Fortune 500 company, is a leader in fintech solutions for institutions and firms globally. After acquiring Worldpay in 2019, FIS wanted somewhere to successfully carry out its long-term growth plans and to deepen leadership in fintech innovation. With the help of JobsOhio and REDI Cincinnati, FIS has committed to Ohio and will continue to hire the region’s top tech talent and collaborate with the community for a fintech future.
Business-friendly environment and talented workforce key in decision
Fund That Flip — a technology, real estate and financial services company — is dedicated to providing real estate developers with new sources of capital and software. The company wants to broaden its product offering and technology-driven solutions and has decided to expand an existing office in Ohio for its growth.
Company establishes Ohio as flagship operations outside of headquarters
Northwest Bank is growing fast and is expanding in Ohio to accommodate its critical growth. This expansion will enable the company to add significant value to its competitive suite of product offerings.
Ohio’s business and automotive communities draw the purpose-driven company
Hagerty – the world’s largest membership, insurance and media organization for car enthusiasts and owners – is passionate about all things automotive. Its brand is gaining popularity, and Hagerty needs more space to grow. Ohio’s excellent business and automotive communities and workforce make the state a great fit for the company.
Leading financial compliance software company based out of New York City will grow in northeast Ohio
New York City-based RIA in a Box provides compliance software to the wealth management industry. After being acquired, the company is positioned for further growth. RIA will grow in its northeast Ohio location, thanks to the area’s fintech ecosystem and talent pipeline.
New 60,000-square-foot location will provide services to clients globally
Williams Lea provides global business-critical support services to financial, legal and professional firms. Its company growth propelled the search for an expansion in a new market with long-term economic feasibility. The UK-based company will continue to provide world-class services and support to clients in Columbus.