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How to rapidly redact Box 9190, Des Moines, IA 50306-9190 online
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It also has built an economy largely through the insurance industry that is an envy of the Midwest. Now known as the Hartford of the West, Business Wire has called it the third-largest insurance capital of the world.
Why are there so many insurance companies in Des Moines?
Lured initially by its economic history and favorable state taxation policy, conglomerates such as ING and Nationwide quickly recognized that the cost of doing business in Des Moines is often significantly less expensive than New York, for example, where an amalgam of federal, state, and local taxes often proves to be
Why is Des Moines an insurance hub?
Des Moines and the state of Iowa are known as a global insurance hub, largely due to being the home of more than 200 insurance companies and a plethora of entrepreneurs - many focused on insurtech and fintech.
Why is Des Moines famous?
During the 19th century, a number of insurance companies established their headquarters in the city of Hartford, earning it the nickname, the Insurance Capital of the World. As time went on, the presence of insurance giants became vital to the social, economic, and political fabric of the capital city.
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