Oswald Companies is moving its headquarters from its present location on Superior Avenue to the former E&Y Tower, a prominent fixture on our city’s skyline on the East Bank of the Flats. Founded in 1893, employee-owned Oswald is one of the nation’s largest independent insurance brokerage and risk management firms.
Once all necessary approvals are received, the move will be completed in 2024, and plans include a name change to Oswald Tower.
Oswald will occupy approximately 100,000 square feet of space, including the first-floor conference center.
“Oswald has been headquartered in downtown Cleveland since its establishment 130 years ago, and we’re proud to continue to call the city our home,” says Robert Klonk, chairman and CEO of the company who was inducted into the Cleveland Business Hall of Fame last fall. “As an independent and employee-owned firm, we are thrilled to work with The Wolstein Group.
“Through this partnership, both entities can further continue to strengthen downtown,” Klonk adds. “This is another example of two Cleveland-based organizations coming together for the greater good of our region.”
“We are very excited to partner with Oswald Companies. Having such a prestigious firm rooted in Cleveland
recognize the opportunity to reside in the Flats is an honor,” says Iris S. Wolstein, principal of The Wolstein Group. “The development of the Flats East Bank was envisioned by my late husband, Bart, to stimulate growth in Cleveland.
This project has truly been a labor of love for Bart, myself and our late son, Scott.”
The new location will provide a fresh space where Oswald’s employee-owners will have the opportunity to collaborate in new ways.
“We are so excited that Oswald decided to keep their headquarters in Cleveland. By staying in the heart of downtown, they are investing in the growth and development of the city,” says Cleveland Mayor Justin M. Bibb.