Buckeye Insurance Group is a small company with some big technology plans. As an insurer, Buckeye writes $60 million in premium in eight states, mostly in the Midwest. But Buckeye is more than an insurer. The group’s latest addition is an IT services company, Marias Technology, which will offer its talent and expertise to other small companies that find themselves in need of some technology assistance.
The timing of the Marias startup may give the appearance of being a reaction to the difficult economy, but it was started to allow IT to expand its capabilities beyond Buckeye Insurance, according to R. Christopher Haines, vice president, technical operations and CIO. “We got board approval for this in late 2008,” he says. “At first we did some little stuff here and there.”