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Growing Businesses

Insurance & Finance

The Insurance and Financial Services industries have created a strong and self-sustaining environment for success in Lincoln. Lincoln has become a center of activity in the insurance and financial services sector over the past decade. Businesses increasing their investment in Lincoln commonly cite a highly educated and productive workforce, a positive regulatory climate and low premium taxes as key reasons for continued growth.

In 2010, Lincoln was ranked #2 in states with insurance industry employees for insurance clerks and processing. In addition, Nebraska was ranked in the top five places for cities with the largest percentage of insurance workers as a percent of total workforce at 2.9%.

Key factors identified as priorities for the insurance and financial services sector include:

  • Lincoln’s World-Class Workforce – The Lincoln workforce is well-educated with over 35-percent of Lincoln residents holding a bachelor’s degree or higher. That’s well above the U.S. average of 27-percent.
  • Higher Education – Lincoln is the center of higher education for the State of Nebraska. The University of Nebraska-Lincoln College of Business Administration (CBA) offers a comprehensive list of undergraduate, graduate and professional degrees across six departments including Finance and Actuarial Science. In addition to the nearly 25,000 students enrolled annually at the University of Nebraska-Lincoln, there is a significant presence from other providers including Southeast Community College and Nebraska Wesleyan University. In all there are nearly 40,000 students attending Lincoln institutions every year.

Click here to see Lincoln’s Insurance & Finance Report.

Lincoln’s Insurance and Financial sectors comprise a broad range of companies including major establishments such as:

CompanyProduct/Service
Ameritas Life Insurance HeadquartersLife insurance, annuities, retirement plans, and health insurance
Assurity Life Insurance Headquarters Life insurance, disability, and annuities
Farmers Mutual Insurance HeadquartersAuto, farm, and home insurance
Allied Insurance (Nationwide)Auto, property, and business insurance
Cabela's World's Foremost BankState-chartered bank for Cabela's Visa cardholders
Nelnet HeadquartersStudent loan organization & processing; tuition management; enrollment management
Dell ServicesPoliciy administration & business processing services for the insurance industry
State Farm InsuranceAuto, home and life insurance
Union Bank & Trust HeadquartersBanking and financial services
Lincoln Benefit Life (Allstate)Life insurance and annuities
Continental Western Group (Berkeley Company)Property and casualty insurance