Technology-first insurance brokerage company plans to add 415 positions at its Virginia Beach operational headquarters, making the city its largest employment center
The Virginia Beach Development Authority (VBDA) has approved a $320,000 Economic Development Investment Program (EDIP) grant to support the expansion of Evertree Insurance’s operational headquarters at 2929 and 2875 Sabre Street in Virginia Beach. The company plans to create over 400 positions and triple in size over the next three years, strengthening the city’s growing professional services and technology sectors.
The company’s operational headquarters is located in Virginia Beach, with eight locations nationwide and employees across more than 18 states. The planned expansion will establish Virginia Beach as Evertree Insurance’s largest employment hub and support the company’s continued growth as a technology-first insurance brokerage. The new positions will help meet increasing operational demands while strengthening the company's long-term presence in Virginia Beach.
The investment underscores Virginia Beach’s commitment to retaining existing businesses, supporting corporate growth, and creating well-paying, sustainable employment opportunities. By helping Evertree Insurance expand its local operations, the city strengthens its position as a destination for technology-driven businesses and professional services companies.
“Evertree Insurance’s decision to expand its operations in Virginia Beach demonstrates the value of our business-friendly environment and the talent available in our region,” said Emily Archer, Director of Virginia Beach Economic Development. “This investment brings hundreds of new employment opportunities to our community while reinforcing Virginia Beach’s role as a growing hub for technology-based companies.”
The EDIP supports capital investment projects for current and incoming companies and creates market-leading job opportunities for the citizens of Virginia Beach. This creates an advantageous environment for companies to expand their operations and contribute to the city’s long-term economic growth.
For more information about Virginia Beach Economic Development and business expansion opportunities, visit YesVirginiaBeach.com.
For media requests and interviews with VBED and Evertree Insurance, please contact Lauren at vabeach@lindarothpr.com .