Insurance Marketing Group Opens New Regional Office in Ind.

BHC Marketing, an independent national insurance marketing organization, has announced that it will establish a new Midwest regional office in Carmel, Ind. The office will create 20 jobs in Central Indiana.

BHC Marketing, headquartered in The Woodlands,Texas, markets annuities and long-term care insurance to licensed insurance agents across the country. The new offices will open in Carmel’s Meridian Corridor in mid-April.

“Indiana is once again establishing itself as a leader in the insurance industry and companies across the country are taking note,” said Nathan Feltman, Indiana Secretary of Commerce and chief executive officer of the Indiana Economic Development Corp.

BHC Marketing identifies itself as one of the oldest and largest independent fixed annuity marketing organizations in the insurance industry. It currently employs more than 60 people comprised of inside marketing representatives, IT professionals, accounting staff, administration and managerial personnel and represents the industry’s top insurance carriers in all 50 states and Puerto Rico.

Indiana consistently ranks as one of the top states for doing business as an insurance provider, the BHC statement said.

Illinois-based The Property and Casualty Insurance Association of America also named Indiana to its list of top states of commercial lines, and industry leaders have called Indiana’s insurance training grant program — known as INSPIRE — the most comprehensive training program in the nation, the statement said.

Launched in July 2006, INSPIRE reimburses employers for half of employee training costs for industry designations, such as underwriter and actuary. “The program goal is to create an educated, capable workforce ready to meet the needs of Indiana’s growing insurance industry,” said Mike Chrysler, the Indiana Economic Development Corp.’s director of insurance initiatives.

The Indiana Economic Development Corp.’s current efforts to build upon state successes are focused on an initiative before the Indiana General Assembly that would reduce Indiana’s tax on insurance premiums, Chrysler added.

The Indiana Economic Development Corporation has a 12-member board chaired by Gov. Mitch Daniels. Indiana Secretary of Commerce Nathan Feltman is also chief executive officer of the IEDC. For more information about IEDC, visit www.iedc.IN.gov.

Source: BHC, Indiana Economic Development Corp.