Connected. Diversified. Specialized.
It’s no secret that Northeast Indiana is a place where successful insurance companies thrive, fueled by high-tech and diversified product lines. From the beginning, our region has been home to an expanding specialty insurance industry.
From major league baseball stadiums to rock concerts, churches, ministries, and more, specialty insurance is a stable and vibrant industry employing nearly 4,000 individuals while experiencing rapid growth throughout each niche of insurance. Woven into the region’s history, jobs in the Specialty Insurance field account for 53% of all jobs in the finance and insurance industry in Northeast Indiana–compared to just 39% for the nation.
Regardless of your interests, chances are that Northeast Indiana is home to the insurance provider for it.
Not only are these insurance providers thriving, but they are innovating and incorporating Northeast Indiana’s sustainability goals into their day-to-day operations. Ash Brokerage recently released a new form of technology that uses predictive data to instantly connect clients with an insurance policy. As the shift to a digital environment has become increasingly prevalent, companies like Ash Brokerage have taken advantage of new opportunities to reach more customers at a navigable pace they are able to set themselves. An additional company advancing the industry includes Swiss Re phasing out thermal coal among other ambitious carbon reduction plans. The multinational company has even committed to transitioning its investment portfolio to net-zero greenhouse emissions by 2050 and hopes other companies will follow suit.
Rounding out the cluster of specialty entertainment insurance providers who call Northeast Indiana home is American Specialty insuring amusement parks, gyms, concerts, as well as hotels and resorts. K&K Insurance Group, Inc. insures sports and recreation opportunities including motorsports, camps, and resorts. Colleges, universities, and Christian ministries, camps, and mission trips can all find coverage at Brotherhood Mutual. Healthcare providers can protect themselves with plans from MedPro, which just might be the oldest specialty insurance company in the books as it was founded right here in Fort Wayne in 1889. The region is equally excited for the next niche of insurance specialty and the industry employees who just might call Northeast Indiana “home.”
Join Northeast Indiana’s Insurance Leaders
With industry-specific degree programs, internship opportunities, and jobs with an average industry salary of nearly $90,000, it’s easy to see why the region has become a welcome home to Specialty Insurance. Just this past year, the University of Saint Francis in Fort Wayne launched the region’s first bachelor-level degree in risk management and insurance, while Indiana Tech is home to the region’s first InsurTech undergraduate certificate program. Internship opportunities abound thanks to Medpro Group and Lincoln Financial. Both companies are even known for offering entry-level positions to graduates. Aside from these two opportunities, it’s not uncommon for there to be hundreds of job openings at different levels across the industry. Roles range from actuaries and underwriters to data analysts, programmers, cybersecurity specialists, sales, and marketing. The insurance industry provides companies and organizations of every kind the peace of mind they need to do their job, fueling the global economy.
Are you an insurance provider looking to relocate to the region? Become part of one of the nation’s strongest networks of insurance companies. Major specialty insurance employers call Northeast Indiana home for good reason: Indiana touts a modest state corporate income tax rate of 4.9% and a state premium tax of 1.3%. Our staff and the Insurance Alliance of Northeast Indiana are here to assist in the location process–contact us to learn more about why business is made better in Northeast Indiana.