father, Thomas "Tom" Petway III, turned over the chairmanship of the former Zurich Insurance Services Inc.
partners started the company in 1977 as Home Builders Insurance Services at 2727 Atlantic Blvd. in the St. Nicholas area not far from Downtown.
It changed its name to Zurich Insurance Services
in 1998 and moved to the 5011 Gate Parkway site in 1999.
also is well known for many other roles, including as a founding partner in the Jacksonville Jaguars, as a chair of the JAX Chamber, as co-chairman and host of the Super Bowl Host Committee for Super Bowl XXXIX
in Jacksonville and as the first chairman of the Jacksonville Economic Development Commission
He also has been active in Republican political circles and also was a founder of Prudential Network Realty.
On Jan. 4, the Jaguars franchise was sold by majority owner Wayne Weaver and the partners to Illinois businessman Shahid Khan, meaning Petway had retired from two of his main roles - a Jaguars owner and Zurich chairman.
• The new generation of leadership consists of an executive team that includes Petway and Andy Ferguson, son of Lee Ferguson, a founding partner with Tom Petway
said US Assure looked at sites around town, including Downtown, but the Southside was more convenient to employees.
The move is a downsize from 65,000 square feet of space at Gate Parkway, but Petway and Ryan Schwartz, senior vice president of marketing and corporate affairs, said the space is more efficient at Cypress Point.
said the company peaked around 500 employees in 2005-06, the height of the construction boom.
Asked when the construction industry is expected to start growing again, Petway
said "it's an eight-ball."
"We can track it and we do," he