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| Sandra Watson |
PHOENIX, AZ – Oscar, a New York-based health insurance
company, has announced an operational expansion to Tempe, Ariz. The company’s
new facility will house the Oscar Concierge team and will be located at The
Circuit, a new modern, adaptive re-use project near the Loop 101 and Loop 202
freeways.
Oscar is a new kind of health insurance company designed
to put people first. Through a high-tech, data-driven approach,
easy-to-understand language and a unique set of benefits, Oscar is drastically changing
the way people think about and interact with their health insurance.
Founded in 2012, Oscar makes health insurance simple,
transparent and human and now offers plans in New York, New Jersey, Texas and
California.
“We’re excited to expand operations to Tempe, Arizona to
continue to provide our members the highest quality of care,” said Oscar CEO Mario Schlosser.
“With this year’s growth from 40,000 to 135,000 members
across four states, Oscar is continuing to hire talented professionals to provide
the best experience to our members. The Oscar Concierge is a unique program
which allows Oscar to deliver a more personal experience to educate and empower
our members.”
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| The Circuit, Tempe, AZ |
After a competitive process, Oscar selected Tempe for its newest location after working with economic development representatives from the Greater Phoenix region, including the Greater Phoenix Economic Council, the city of Tempe and Arizona Commerce Authority.
The region’s large, skilled
workforce, high quality of life and pro-business climate and creative office
space options like The Circuit were attractive draws for the company.
"Oscar is a leading technology company whose
innovative approach to health insurance delivery makes them a natural addition
to Greater Phoenix’s growing entrepreneurial community,” said Chris Camacho, president & CEO of
the Greater Phoenix Economic Council.
“Their entrance into the market
reinforces what more and more businesses are discovering—that Greater Phoenix
is an ideal place to go to scale.”
“Over the past four years nearly 17,000 new jobs have
been announced in Tempe,” said Tempe
Mayor Mark Mitchell. “We are a city where businesses know they can start,
grow and thrive. I am excited to welcome Oscar to our community, as a great
addition to our growing tech and insurance industry clusters.”
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| Mario Schlosser |
Sandra Watson, president & CEO of the Arizona Commerce Authority added, “We are thrilled that Oscar Insurance will expand its operations in Arizona, joining our dynamic business-services sector.
“Oscar is an excellent example of the type of innovative
company – at the intersection of technology, business and health care – that is
thriving here, supported by our pro-business environment and talented
workforce.
"We welcome Oscar to Arizona and thank them for their commitment to
our state.”
“We continue to see robust activity in the technology
sector and do not anticipate it slowing down in the near future,” said Ryan Bartos, Managing Director,
Savills-Studley. “Access to outstanding labor, affordable housing, and
competitive operating costs will continue to make it a top destination for
expansion.”
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| Curt Kremer |
The Circuit is EverWest Real Estate Partners’ newest adaptive re-use project. Built in 1982 as a semiconductor building, The Circuit is an ultra-modern, 185,000-square-foot high-density office project designed for large office users looking to attract active professionals to a creative environment.
Building features include a collaborative indoor-outdoor
layout enhanced with 17-foot ceilings, 14-foot floor-to-ceiling windows and
more than 60 skylights to maximize natural light.
Said Curt Kremer,
Managing Principal – Equity Ventures, EverWest Real Estate Partners, “This
building offered a unique opportunity to build for a young, professional
demographic and the employers who seek out and hire these employees.
“Oscar’s lease brings that vision full circle. It will be
exciting to watch them use and grow in this space, and to continue the
employment base that The Circuit is capable of providing for Arizona.”
For more
information on Oscar, visit www.hioscar.com.
For a complete
copy of the company’s news release, please contact:
Stacey Hershauer
focusAZ
Marketing & Public Relations
(480) 600-0195
