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Reliance Partners is an insurance agency offering commercial insurance products for the transportation and logistics industry. The private equity-backed company[1] is based in Chattanooga, Tennessee with 8 additional office locations throughout the United States.
| Company type | Private |
|---|---|
| Industry | Insurance Services |
| Founded | 2009 |
| Headquarters | Chattanooga, Tennessee |
Number of locations | 9 |
Key people | Andrew Ladebauche, Co-Founder, CEO Chad Eichelberger, President Laura Ann Howell, COO Ronald Ramsey, CCO Thom Albrecht, CFO Mario Paluzzi, CTO Jason Coleman, EVP of Sales Ashley Hammonds, EVP, Business Development Brandon Richards, CSO |
| Website | www |
Reliance Partners was founded in 2009 by Andrew Ladebauche and a group of Chattanooga logistics entrepreneurs.[2] In August 2015, Reliance Partners appointed Andrew Ladebauche as CEO and hired Chad Eichelberger as president and COO.[3] Eichelberger previously served as president of Access America Transport and president of Brokerage with Coyote Logistics.[4] In November 2015, Laura Ann Howell joined the team as vice president after working for Thompson Appalachian Hardwoods where she also founded a trucking company and freight brokerage[5]
In 2016, Reliance Partners Birmingham, Alabama branch opened in December 2016.[6] In October of 2017, logistics industry veteran Ronald Ramsey joined Reliance Partners as Chief Commercial Officer. A Chicago, Illinois branch opened in November 2017 to expand market presence in the Midwest.[7] Reliance Partners opened an office in Tampa, Florida in April 2018.[8] Branon Richards joined the executive leadership in 2018 as Chief Sales Officer and to lead the new Austin, Texas branch.[9] Reliance opened a Milwaukee, Wisconsin office later the same year.[10]
In 2020, Reliance Partners acquired the assets of Capacity Southeast, a Nashville, Tennessee-based retail insurance agency[11] before announcing the acquisition of Ohio-based Borderless Coverage in 2021.[12] The company also expanded their corporate footprint in Chattanooga, Tennessee signing a lease with disability insurer, Unum.[13] Later in 2021, Tennessee Governor Bill Lee announced grants totaling $1.3 million for training and the expansion of Reliance's recently opened Chattanooga headquarters would lead to the creation of 100 additional jobs.[14]
In August 2022, Reliance Partners announced an investment from Carousel Capital, a Charlotte, North Carolina-based private equity firm.[15] In October 2022, the company announced its intentions to open a new office location in Phoenix, Arizona.[16] In January of 2023, the Phoenix location opened up and is expected to have 60 employers by end of 2023.
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