Northern Wisconsin Company Opening Office Downtown
Church Mutual opening office in 833 East building, hoping to improve recruiting with Milwaukee office.
Downtown Milwaukee is drawing another company to the city.
Church Mutual Insurance Company is leasing 10,000 square feet of office space at the 833 East building.
The company expects to boost recruiting efforts with a Downtown office near a pool of college students and new graduates. “It also offers a major-market, urban location that may appeal to candidates who don’t wish to relocate to a smaller city in Wisconsin or move out of state,” the company said.
“In addition to enhanced recruiting opportunities, strongly establishing ourselves in Milwaukee will provide options for innovation partnerships with premier educational institutions,” said Poirier. “It also offers options for philanthropic partnerships and events that will support our diversity and inclusion goals.”
The 18-story 833 East building, located at 833 E. Michigan St. near the US Bank Center and Lake Michigan, was completed in 2016 by Irgens Partners. Law firm Godfrey & Kahn is the building’s anchor tenant. The building’s 358,000 square feet of commercial space is more than 90% leased.
Church Mutual was founded in 1897 in Merrill, WI. In addition to its headquarters in the state’s north-central region, it also maintains offices in Madison, Mechanicsburg, PA and Denver, CO.
The insurance company offers specialized insurance for religious organizations, nonprofit organizations, public and private schools, senior living facilities, camps and conference centers.
Its website boasts of insuring more religious institutions than any other company.
The Milwaukee office is expected to open in late 2021. Ben Anderson of Colliers International represented the firm in brokering the lease.
Unlike Milwaukee insurance firm Northwestern Mutual, Church Mutual is a stock insurer. The company is owned by shareholders, not policyholders. But it has a single shareholder, the Church Mutual Holding Company, which has a mutual organization structure. Policyholders get to vote on holding company actions, including those of other subsidiaries.
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