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September 01, 2020 1:41pm
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Continental General Announces Acquisition of Headquarters Building at The Crossings at Lakeline in Austin, Texas

Continental General Holdings (together with its affiliates, “Continental General” or the “Company”) today announced that it has purchased the two-building campus at 11001 Lakeline Boulevard (“The Crossings at Lakeline”) in Austin, Texas, which has long served as the Company’s headquarters.

Continental General has been headquartered at The Crossings at Lakeline for more than a decade, having previously leased the property since 2012. As a result of the acquisition, the majority of Continental General’s 245-person team will be located on site with additional workspace available for the team’s remote employees as well as space for the future growth of the team.

Michael Gorzynski, Executive Chairman of Continental General, commented:

“Through our acquisition of The Crossings at Lakeline, we are making a long-term investment in our people, our growth and our future. By securing ownership of our headquarters, we are creating stability and prioritizing a space that fosters collaboration, innovation and connection across our entire Continental General team.”

David Ramsey, President and CEO of Continental General, commented:

“We are pleased to now be able to call The Crossings at Lakeline our official home here in Austin. This milestone is more than just a real estate transaction; it is a commitment to our community and a natural next step in our growth journey as we continue to build a stronger, more rooted Continental General.”

About Continental General

Since our founding in 1961, Continental General has been dedicated to serving policyholders, claimants, and their families with reliable insurance solutions. Headquartered in Austin, Texas, our commitment to care and excellence has allowed us to grow into trusted providers, supporting policyholders through our family of companies and strategic partners. Learn more about Continental General at www.cgic.com.

TPA Services provided by Continental General Services, LLC (in California doing business as Continental General Administrative Services and in New York as Continental General Insurance Services, LLC).

Continental Insurance Group, Ltd. (“CIG") is the parent company of Continental General Management, LLC (“CGM”), Continental General Insurance Company (“CGIC”), and Continental General Services, LLC (“CGS”). CIG, CGM, CGIC, and CGS are all wholly owned subsidiaries of Continental General Holdings, LLC (“CGH”).

CGIC is a stock life, accident and health insurance company existing under the laws of the State of Texas and is a licensed insurance carrier in forty-nine states, the District of Columbia, and the U.S. Virgin Islands.

Continental General is an umbrella marketing name for CGM, CGIC, and CGS.

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