President & CEO
VP Business Development
Business Development Manager
Nearly 10,000 insurance companies call Buffalo Niagara home, for good reason. The region has unique advantages that are perfectly suited to support insurance companies in their expansion or relocation efforts. Among those advantages is our strong talent pipeline, low cost of living, accessible amenities, easy commute, access to bilingual employees, and an affordable existing workforce. Our people and specifically our workforce is unmatched.
Why Insurance Companies are Thriving in Buffalo Niagara
Well-known companies like GEICO—America’s No. 2 auto insurer—are located and growing rapidly in the Buffalo Niagara region. GEICO came to our region in 2004. By 2017, the company announced that it had already exceeded the original 2,500 jobs promised and would be moving into a second building.
The Buffalo Niagara region is well-equipped to help forward-thinking insurance companies and their employees thrive, thanks to:
Affordable labor costs. Competitive—yet reasonable—wages ensure success and satisfaction for employers and employees alike.
Low cost-of-living. It’s easy to make a living in the Buffalo Niagara region, which boasts the lowest cost-of-living when compared to similar metro areas like Philadelphia, Chicago, and Boston.
Robust transportation systems. Buffalo Niagara offers convenient, easy-to-access interstate highway systems and reliable and affordable air service that connects the region to 21 cities and 24 airports. The average one-way fare is just $184.
Extensive public transit network. The Niagara Frontier Transit Authority offers public transit options like subway, light rail, and buses that serve Buffalo, Niagara Falls, and the surrounding suburbs.
Data Sources: Lightcast (establishments and employment), US Department of Education (college graduates), US Department of Transportation (average air fare)
Companies say Buffalo Niagara residents are our greatest asset, but not our only. Download our free Advanced Business Services guide for incentive highlights, real estate options, and an expansion checklist.