Farmers Insurance plants seeds for Phoenix expansion, 1,000 additional jobs (AZ)
PHOENIX — Farmers Insurance, one of the largest multiline insurer groups in the country, plans to significantly expand its operations in Phoenix which could eventually raise its employee base from approximately 500 full-time employees to more than 1,500 employees.
“We are thrilled to announce the selection of Phoenix as the location to expand our operational footprint, which will bring hundreds of new jobs to the region and add to the economic vitality of the greater Phoenix community,” said David Travers, chief operations officer for Farmers Insurance. “I want to thank Governor Doug Ducey, former Director of Insurance Andy Tobin, Phoenix Mayor Greg Stanton, Councilwoman Thelda Williams and their staffs for their support in bringing this project to fruition.”
As currently envisioned, staffing for the new jobs will occur in phases and could ultimately triple the number of full-time Farmers positions in the Phoenix area. The first group of employees could begin working in the new building by early next year.
“This project is further evidence that when companies determine the best place to consolidate their national footprint Arizona comes to the top of the list,” Ducey said. “Arizona stands ready to welcome those companies into our pro-business environment, and we’re especially pleased to welcome Farmers Insurance. This expanded operation will employ over one thousand five hundred Arizonans in high-value jobs. We thank Farmers Insurance for their commitment to Arizona and look forward to helping them thrive even more in our state.”
Source: Farmers Insurance