| 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 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 eight additional office locations throughout the United States.
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.