Financial Services and Insurance

We are home to one of the largest financial services and insurance clusters in Europe, with growing start-up financial service businesses building on a heritage going back 200 years.

Norwich has been a base for the financial industries for over 200 years, boasting a financially-literate, highly-skilled and stable workforce and the first National Skills Academy in the UK for Financial services, underpinned by Aviva.

Ipswich has a cluster of large insurance firms, and other local and national companies. There are also niche markets around marine insurance linked to the county’s ports, farm and crop insurance and thatched property insurance in rural areas, plus a host of small financial service businesses.

There is a real opportunity to further promote New Anglia as an aspirational region for talented people looking to develop their careers; tempting them away from the perceived benefits of Cambridge and London. The sector is also working with New Anglia Local Enterprise Partnership to attract investment for business and provide support to SMEs working within financial niche sectors which have the potential to be a high growth sector.

 

Our Sector Group

The Financial Industry Group (FIG) is a partnership of leading firms, local government and higher education institutions. FIG aims to develop a thriving cluster in Norwich that is recognised internationally as a centre of excellence for insurance, financial and professional services. You can find out more about the group here.

Steve Davidson, Managing Director of  Marsh and Chairman of the Norwich Financial Industry Group is the contact for the Financial and Insurances Sector in Norfolk and Suffolk. Steve is keen to talk to organisations within the sector who would like to play an active part in its promotion and success. You can contact Steve at [email protected]

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