Reliance Partners
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Reliance Partners is an
insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
agency offering commercial insurance products for the transportation and logistics industry. The private equity-backed company is based in
Chattanooga, Tennessee Chattanooga ( ) is a city in and the county seat of Hamilton County, Tennessee, United States. Located along the Tennessee River bordering Georgia, it also extends into Marion County on its western end. With a population of 181,099 in 2020 ...
with 7 additional office locations throughout the United States.


History

Reliance Partners was founded in 2009 by Andrew Ladebauche and a group of Chattanooga logistics entrepreneurs. In August 2015, Reliance Partners appointed Andrew Ladebauche as CEO and hired Chad Eichelberger as president and COO. Eichelberger previously served as president of
Access America Transport United Parcel Service (UPS, stylized as ups) is an American multinational shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has grown t ...
and president of Brokerage with Coyote Logistics. 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 In 2016, Reliance Partners
Birmingham, Alabama Birmingham ( ) is a city in the north central region of the U.S. state of Alabama. Birmingham is the seat of Jefferson County, Alabama's most populous county. As of the 2021 census estimates, Birmingham had a population of 197,575, down 1% f ...
branch opened in December 2016. A
Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
branch opened in November 2017 to expand market presence in the Midwest. Reliance Partners opened an office in
Tampa, Florida Tampa () is a city on the Gulf Coast of the U.S. state of Florida. The city's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and the seat of Hillsborough ...
in April 2018. Brandon Richards joined the executive leadership in 2018 as Chief Sales Officer and to lead the new
Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...
branch. Reliance opened a
Milwaukee, Wisconsin Milwaukee ( ), officially the City of Milwaukee, is both the most populous and most densely populated city in the U.S. state of Wisconsin and the county seat of Milwaukee County. With a population of 577,222 at the 2020 census, Milwaukee i ...
office later the same year. In 2020, Reliance Partners acquired the assets of Capacity Southeast, a
Nashville, Tennessee Nashville is the capital city of the U.S. state of Tennessee and the seat of Davidson County. With a population of 689,447 at the 2020 U.S. census, Nashville is the most populous city in the state, 21st most-populous city in the U.S., and ...
-based retail insurance agency before announcing the acquisition of
Ohio Ohio () is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. Of the List of states and territories of the United States, fifty U.S. states, it is the List of U.S. states and territories by area, 34th-l ...
-based Borderless Coverage in 2021. The company also expanded their corporate footprint in
Chattanooga, Tennessee Chattanooga ( ) is a city in and the county seat of Hamilton County, Tennessee, United States. Located along the Tennessee River bordering Georgia, it also extends into Marion County on its western end. With a population of 181,099 in 2020 ...
signing a lease with disability insurer, Unum. 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. In August 2022, Reliance Partners announced an investment from Carousel Capital, a
Charlotte, North Carolina Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most popu ...
-based private equity firm. In October 2022, the company announced its intentions to open a new office location in
Phoenix, Arizona Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona, with 1 ...
.


Awards and recognition

* "FreightTech Top 100" * "Best Workplaces in Financial Services and Insurance" by ''
Fortune Magazine ''Fortune'' is an American multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The ...
'' * "Great Places to Work" * Inc. 5000 List * "Top Insurance Employers"


References


External links

*{{official, http://www.reliancepartners.com Insurance companies of the United States Companies based in Tennessee American companies established in 2009 Financial services companies established in 2009 Companies based in Chattanooga, Tennessee 2009 establishments in Tennessee