SCHENECTADY — An Orange County insurance firm is moving its headquarters to Schenectady.
Statewide Underwriting Services, which has a total of 32 employees in three offices, said last week it will relocate its home office and 10 employees to Schenectady’s Mohawk Harbor.
The move is not an attempt to enter a new market. “We [already] do business in the Capital District,” said President and CEO Eddie Harper.
It’s also not a move of convenience for Harper, who lives in Niskayuna, though he does like the vibe of Schenectady with all the development completed and underway.
Basically, Harper said, it’s an attempt to attract more candidates for current and anticipated job openings.
The company’s offices are in Kinderhook, Montgomery and Roxbury, none of which is a large job market. The Capital Region, by contrast, has a much larger workforce.
Harper said if he’s hiring in such a region, and he matches the salary and benefits of larger companies competing for the same talent, he has no trouble attracting job candidates because many people would rather work for a smaller operation with a family atmosphere. He recently hired three people from the Schenectady area.
Statewide is a wholly owned subsidiary of Mid-Hudson Co-Operative Insurance Company. It is the in-house managing general agent for Mid-Hudson, Claverack Cooperative Insurance and Midrox Insurance Company.
Harper said Statewide generates $27.5 million in annual revenue handling more than 18,000 policies throughout eastern New York state from New York City to Canada.