Support for Connecticut’s Financial Services & Insurance Industries
Connecticut offers support for financial services and insurance companies looking to grow within the state. As demonstrated by the experience of CEO Stan Galanski, the state’s pro-business attitude makes it incredibly attractive. Beyond state-level assistance, organizations like Connecticut Insurance and Financial Services (CT IFS) are actively working to strengthen and support the industry.
“Number one was a very pro-business attitude exemplified by those in the state government. Second was easy access to intellectual capital, great people with a strong work ethic. Third was access to transportation. We’re only a hop, skip and a jump to major airports and Manhattan.”
- The Navigators Group CEO Stan Galanski on relocating their headquarters from New York to Stamford.
Targeted Support
Connecticut offers a wide range of technical support and business development services for insurance and financial services companies.
Accelerate Growth
- Search loan and grant programs for small businesses through DECD
- Access state, federal, and local funding and technical assistance for minority-owned businesses
- Find programs for business attraction, formation and expansion, including support for licensing and permitting and site location
- Tap into an initiative of 32 companies working to encourage business attraction and retention, workforce recruitment and education, and public awareness of the industry’s critical economic importance
Optimize Site/Operations
- Get technical assistance and access to capital through revolving loans, incentive-driven loans and matching grants
- Find resources to stimulate high-tech growth in Connecticut
- View loans and technical assistance for small businesses, and grants to community organizations for economic development projects
- Access financial expertise and practical guidance for small business entrepreneurs in Connecticut
- Increase capacity, gain efficiency and get better results in your business
Reduce Taxes
- Accumulated Tax Credit Expansion Program
- Corporate Business Tax Credit
- Sales & Use Tax Exemption
- Insurance Reinvestment Fund
- Human Capital Tax Credit
Cultivate Talent/Find Jobs
- Participate in the upcoming Get Hired career fair, the largest of its kind in the state
- Build skills at Actuarial Boot Camp
- Associate degree programs in insurance and financial services at Capital Community College and Norwalk Community College
