The Hartford Region is the insurance capital of the world, with more than 150 insurance companies calling our area home. The industry has a $14 billion output, a 6.70 location quotient (concentration), and is responsible for over 33,000 jobs. While we’re immensely honored to possess such a title, the Hartford Region boasts much more. Our region offers a more competitive cost of doing business than Boston, New York City, and California, and Connecticut benefits from the most Fortune 500 companies per capita in the nation.
The Strength of our Talent
The Hartford Region is the center of the New England Knowledge Corridor, a primary source of talent. Comprised of 41 colleges including some of the country’s most elite schools – University of Connecticut, Yale, Trinity College, Wesleyan University, and University of Hartford to name a few – the Corridor educates 215,000 every year, ensuring a pipeline of highly educated individuals who are ready to enter the regional workforce. Our region also ranks 3rd in labor productivity globally.
- Hartford is an ideal North American location with easy access to major hubs in the Northeast and Mid-Atlantic, plus worldwide connectivity via Bradley International Airport
- Ranked as the 4th best city in the U.S. for tech jobs (Brookings Institution)
- Ranked #7 fastest-growing market for tech talent in the U.S. (CBRE)
- Ranked #8 best city for Millennials (Homes.com)
- Global brands thrive in the Hartford Region; among the household names in our region: Aetna, Travelers, Cigna, The Hartford, United Technologies, and Stanley Black & Decker
- A cost of living 21% lower than Boston and 34% lower than New York City
- A median HH income of $73,200
- Rising prominence in the healthcare sector: Connecticut is ranked 3rd in the nation for healthcare and 1st for access to healthcare
- Hub for downstream metal manufacturing, aerospace and defense
- Home to broadcast media powerhouses such as ESPN