CIG Insurance moving east

Seven-year-old CIG Insurance will be moving out of the office space it was founded in.

An official of the 20-employee insurance brokerage said Wednesday that the company will move from its offices at 400 N. Woodlawn to a free-standing building at 9435 E. Central, just west of Webb.

Lance Spence, CIG vice president, said the move is expected sometime in May.

Occupying its own building allows CIG to brand itself "with our name, our sign on the building," Spence said.

He said the East Central building has twice the space CIG occupies at its Woodlawn offices.

"We've really outgrown the space that we're in," Spence said. "It's not efficient space."

Steve Barret of J.P. Weigand & Sons consulted CIG on the lease.

The company is a broker of property and casualty insurance for local businesses and their owners.

It does between $45 million and $50 million in annual premium volume, Spence said.

It was founded by Chock and Heather Chapple in 2003.

This story was originally published March 18, 2010 at 12:00 AM with the headline "CIG Insurance moving east."