Connecticut's fame as the Insurance Capital of the World began more than two centuries ago, with the founding of America's first insurance companies. Today, the state is a powerhouse of talent for risk management, wealth management, and navigating the complexities of health care and financial security.

Industry Facts

  • Connecticut is 1st in the U.S. for actuaries per capita and 1st in the U.S. for insurance employees per capita. (Bureau of Labor Statistics, 2015; Moody's Analytics)
  • Connecticut is 2nd in the U.S. for financial assets managed by state-headquartered hedge funds. (CERC, Preqin, Ltd., 2016)
  • Insurance and financial services accounts for nearly one-fifth of Connecticut’s Gross State Product. (2016 Connecticut Insurance Market Brief)