UK insurance company, InsurEvo has announced Carlow as the location for its new EU hub with the expansion expected to create 22 jobs.
The company said it plans to establish one of its central operational hubs in Ireland to support the business activities and European growth of its travel insurance brand, JustCover.
JustCover will locate its new Irish operation in the corporate services building on the Carlow campus of South East Technological University (SETU).
Both the company and SETU have said the move marks a significant investment in the south east of the country and a vote of confidence in its talent base with new opportunities expected for graduates and workers in the region.
InsurEvo is currently recruiting for a range of positions at its new European hub in Carlow, including roles in administration, HR, IT and operational support.
Chris Rolland, Group CEO at InsurEvo Group, said: "As a leading international business, InsurEvo is serious about backing the expansion of one of our group businesses - JustCover - in Ireland.
"Our strategic decision to commit to creating 22 new jobs is good news for both the sector and the south east region at large."
Peter Clark, Director at JustCover, described Carlow as an "energetic, ambitious town" with a rapidly growing skills base.
"The ongoing transformation of SETU and the wider south east makes this the right place for long-term growth, innovation and job creation.
"We're excited to build our team in Carlow and look forward to welcoming our first colleagues this spring," Mr Clark said.
David Denieffe, Chief Operations Officer at SETU, said the technological university was pleased to be welcoming JustCover to its Carlow campus as the first corporate client in its new corporate services building.
"Their decision to locate here, alongside a commitment to create 22 jobs, is a strong endorsement of the region’s talent base and the calibre of graduates emerging from South East Technological University."
Maeve McConnon, Head of Financial Services at IDA Ireland, said: "InsurEvo’s decision to expand into Carlow and establish its European hub is a positive development for the south east region and reflects the attractiveness of Ireland as a location for foreign direct investment.
"We look forward to seeing InsurEvo grow its operations and wish the team every success with this expansion," Ms McConnon added.
