National insurance firm plans West Chester expansion
CINCINNATI – March 27, 2023 – JobsOhio and REDI Cincinnati announce that Berkley Aspire, a Berkley company, has plans to expand in the Cincinnati region over the next three years. With support from the State of Ohio, JobsOhio and REDI Cincinnati, Berkley Aspire will more than double its employment in West Chester Township. Accompanying the job growth is a significant capital investment commitment to expand the footprint at its West Chester office.
“We are excited to expand our office in West Chester. We view this location as a regional hub due to the depth of the insurance industry talent and the strong business environment,” said Brian Griffith, president of Berkley Aspire.
Berkley Aspire specializes in excess and surplus (E&S) lines insurance, providing innovative business services for independent agents and clients. Excess & Surplus lines insurance provides insurance for risks not traditionally covered by standard markets.
As part of Berkley Aspire’s growth, the business will add nearly 11,000 square feet of office space to its operations in West Chester. New employment opportunities will be available in positions such as tax support specialists, underwriting managers, underwriters in a variety of specialties and more.
“Ohio’s diverse financial services sector, strong business climate and skilled talent make it ideal for insurtech leaders such as Berkley Aspire to thrive here,” said J.P. Nauseef, president and CEO, JobsOhio. “Berkley Aspire’s commitment to double its workforce in the Cincinnati region substantiates how companies from other regions of the country continue to expand their national footprint by investing with confidence in Ohio.”
“REDI Cincinnati is proud to support Berkley Aspire’s growth in the region with the addition of an expected 29 high-paying positions over the next three years,” said Kimm Lauterbach, president and CEO, REDI Cincinnati. “Berkley Aspire will continue to benefit from the strengths of the Cincinnati region, including our low cost of doing business, high quality of living and access to a talented workforce. And our region benefits from the growth of a nationally respected insurance firm investing here. It’s a win-win.”
Berkley Aspire is passionate about making excess and surplus lines business easy to transact. We differentiate ourselves by continually innovating to bring market-leading technology and services to our agents and their clients. From direct bill with installments, to not requiring renewal applications for 80% of our small business policies, we focus on making it easy, expeditious, and efficient for agents and consumers.
Berkley Aspire writes from small, minimum premium, policies to accounts over six figures. We offer General Liability, Property, Inland Marine and Excess policies through Berkley appointed agencies in 50 states.
About REDI Cincinnati
The Regional Economic Development Initiative (REDI) Cincinnati is the first point-of-contact for companies locating or growing in the 16-county region at the heart of southwest Ohio, northern Kentucky, and southeast Indiana. REDI Cincinnati is supported by top business leaders and community partners and staffed by a team of economic development experts who are uniting the Cincinnati region to compete globally.
The future is bright, and we’re building it, right now. Join us at REDICincinnati.com.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership, and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.