American Strategic Insurance is continuing to grow, moving forward on the construction of its newest structure, expanding to new markets throughout the United States, and adding more than 20 jobs.
The $42 million construction development investment is a part of the firm’s new 13-acre complex for its new St. Petersburg headquarters.
continues its expansion, claims representatives, underwriters, customer service representatives, marketing representatives, and product managers will be added to the team to accommodate the firm’s bustling growth.
"We are in the process of starting the planning for new hires in 2014," says Executive V.P. Kevin Milkey.
In May 2013, ASI completed construction of its three-story 110,000 square-foot headquarters. The second building in the complex will be complete by the spring of 2014 and will house ASI’s operation center, a new daycare center for employees, and other tenants planning to rent office space.
Founded in 1997, ASI began selling personal and commercial lines insurance in key markets throughout the state of Florida. In 2007, ASI set out on a massive expansion plan to share their product services beyond the state of Florida.
"We wanted to see how it would go in some of the Midwestern states, and it’s been very receptive. Based on that, we believe we can expand into all of the other states because we’ve had success," says Milkey.
By 2012, the firm had expanded into 25 new states. After completing the expansion project, the company decided to further their expansion throughout the United States.
"It just made sense to be a full national company," says Milkey.
ASI will complete development in six to eight additional states per year, expanding into the majority of the United States by 2017. The company will also be hiring marketing and field claim representatives specific to the new markets in other states.
"We will have additional hires that will work remotely in the states that we enter," says Milkey.
For career opportunities with ASI, visit them online
Writer: Kaye Brown
Source: Kevin Milkey, American Strategic Insurance