Governor Youngkin proclaims insurance coverage firm to convey over 70 new jobs in Henrico

HENRICO, Va. (WWBT) – Governor Glenn Youngkin introduced {that a} Bermuda-based international specialty insurance coverage and reinsurance firm will make investments at $415,000 – to determine a U.S. subsidiary headquarters in Henrico.

Hamilton Insurance coverage Group’s subsidiary, Hamilton Choose would create 70 new jobs within the county with this mission.

Gov. Youngkin spoke about this new mission, and the affect it will have on Henrico.

“Henrico County is a good location for specialty insurance coverage corporations, and we’re excited to welcome Hamilton Choose to that hub,” Gov. Youngkin stated. “Better Richmond gives entry to a expertise pipeline from the area’s many larger schooling establishments, and the standard of life attracts and retains a talented workforce that may serve Hamilton Choose’s new U.S. operation for years to come back.”

Clayton Rhoades, who serves because the Chief Government Officer of Hamilton Choose spoke concerning the mission.

“I’m happy that we’ve chosen Henrico County as the point of interest for establishing Hamilton Choose,” Rhoades stated. “The Richmond area gives a various expertise pool of skilled insurance coverage professionals in addition to a pipeline of future hires from the world-class faculties and universities throughout the Commonwealth. Virginia gives our workers with a superb high quality of life with entry to leisure and recreation choices together with nice faculties. We’re excited to construct a best-in-class specialty insurer and to name Henrico County our house.”

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