Browsing: economic development

Grand Rapids is becoming a significant center for the insurance industry, with double-digit growth in insurance-related businesses and high-profile headquarters relocations to downtown areas.

OVD Insurance is investing $1 million to establish its new corporate headquarters in downtown Grand Rapids, Michigan, the company announced. The move is supported by a grant from the Michigan Economic Development Corporation (MEDC) and is expected to create over 130 jobs.

OVD Insurance, a privately-owned insurance brokerage, has purchased a seven-story building in downtown Grand Rapids, Michigan, with plans to create over 100 new jobs.

Several factors are expected to boost the growth of India’s non-life insurance market over the medium term.

Several factors are expected to drive the expansion of India’s non-life insurance market in the coming years.