Key Industries

Advanced Manufacturing

Deep Talent and investment in smart manufacturing make Iowa the place to build, scale and lead.

Aerospace & Defense

Iowa’s innovation ecosystem and world-class facilities are helping aerospace and defense companies soar.

Biosciences

Finance & Insurance

Finance & Insurance

Iowa: America's Insurance Capital

The smart money is on Iowa.

Iowa is one of the country’s leading hubs for finance and insurance, with more than 7,000 companies and 95,000 talented professionals calling Iowa home. Strong industry leadership has yielded double-digit growth in our insurance industry over the past 15 years, and even more innovations are on the way.

The Iowa Advantage

Unmatched Industry Presence

Greater Des Moines has the highest concentration of insurance jobs among all U.S. metros.

With a diverse range of industry players, you’ll have direct access to an unparalleled pool of talent and expertise.

The Iowa Advantage

Fuel Your Growth

When you invest in Iowa, we invest right back.

Explore tax incentives, grants for creating high-quality jobs and other financial programs designed to supercharge your success.

The Iowa Advantage

Where Insurtech Thrives

Home to the world’s first Insurtech business accelerator, the Global Insurance Accelerator, Iowa’s finance and insurance industry is where tradition meets technology.

We’ve attracted startups from more than 14 countries, creating a dynamic ecosystem where you can partner with the brightest new minds in the industry, and access established expertise, too.

#1

In the U.S. for insurance GDP

(Bureau of Economic Analysis, 2024)

Top

10

State for cost of doing business

(CNBC, 2026)

#1

Highest concentration of commercial banking employees

(Bureau of Labor Statistics, 2025)

.9%

State insurance premium tax

#4
Highest concentration of actuaries in U.S.

(Bureau of Labor Statistics, 2025)

#2
Highest concentration of insurance workers in U.S.
(Bureau of Labor Statistics, 2025)

“From mentorship opportunities to the growing number of businesses, early on it becomes evident to BrokerTech Ventures cohort members why Iowa is the leader in insurance and financial services. Innovation lives here.”

Dan Keough
chairman and CEO, Holmes Murphy & Associates

Proof of coverage

From established insurers to growing financial innovators, companies choose Iowa for the talent, stability and industry expertise necessary to maximize your return on investment.

Athene
Chubb
EMC Insurance
Global Atlantic
Homes Murphy
John Deere Financial
MetLife
Nationwide
Principal
Sammons Financial
Transamerica
Wellabe
Wells Fargo