American IT company Combined Ratio Solutions enters Georgian market
Enterprise Georgia said the management team of the company had visited the country earlier during the year to “assess the country's investment potential and business climate, and also to meet with various private and government organisations”. Photo: Elitex Systems
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Combined Ratio Solutions, an American IT company, has started operations in Georgia with the support of the Enterprise Georgia state programme, the agency announced on Tuesday.
The body said the management team of the company had visited the country earlier during the year to “assess the country's investment potential and business climate, and also to meet with various private and government organisations”.
With the assistance of #Invest in Georgia another American IT company - Combined Ratio Solutions, started operating in #Georgia.
— Enterprise Georgia (@EnterpriseGE) October 18, 2022
More here: https://t.co/z8jyfbRQk7 pic.twitter.com/JPymJy368s
It added the visit had been followed by “intensive work” resulting in the company making the decision to expand its operation to the country.
Michael Jones, the CEO of Combined Ratio Solutions, said Enterprise Georgia had "shaped the way" for the company to expand in the country.
From our very first experiences all the way though having a fully operational organisation in Georgia, the Enterprise Georgia team was incredibly helpful and effective. Their guidance and approach shaped the way we expanded in Georgia, and I am extremely confident we have a successful operation", Jones said.
Combined Ratio Solutions is specialised in providing IT services to clients in the insurance industry. The company employs over 200 people, and according to CEO Mikes Jones will have more than 80 employees in Georgia by the end of the year.
The company’s expansion to Georgia has been supported by Invest in Georgia, the investment-related department of the Enterprise Georgia programme.
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