Central New York Region

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Central New York Insurance & Risk Management

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Insurance & Risk Management in CNY

Top Employers

Auto One

AXA Equitable

Cadaret & Grant

Columbian Mutual Life Insurance Company

Combined Insurance - Supplemental Insurance

Commercial Travelers Mutual Insurance Co.

Dryden Mutual Insurance Company

Empire Medicare Services

Equitable Life Association Society of the US

Excellus BCBS

Farmers and Traders Life

Fiserv, Inc.


Greater Syracuse Agency of Metlife

Haylor, Freyer & Coon, Inc

Kemper Insurance

Liberty Mutual Group

Marsh USA, Inc

McNeil & Company, Inc. Insurance and Risk Services

Metlife (Metropolitan Life Insurance Co.)

Mutual of Omaha www.centralnydo.com

National Grange


New York State Insurance Fund


Prudential Securities, Inc

Reagan Agency


Royal Sun Alliance

Special Funds Conservation Committee

State Farm Insurance

The Hartford

The MONY Group, Inc

The New England

Unity Mutual Life Insurance Company

Utica First Insurance Company

Utica National

Young Agency, Inc

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Central Upstate New York is host to companies that employ over 23,000 local residents within the financial services industry comprised of a wide variety of banking, credit unions, insurance carriers, securities and other investments, as well as funds and trusts. The region has a long and successful heritage of supporting financial services companies. Several local firms were established back in the mid-19th century and are still thriving along with back office and processing centers for major companies such as the Bank of New York, Metropolitan Insurance, Chase Manhattan, Aetna Life and Casualty, Hartford Financial Group, Nationwide Mutual Insurance, Kemper National Insurance and JP Morgan Chase. There are also a number of small to mid-size insurance and benefits companies headquartered within the region such as the POMCO Group, Utica National Mutual and Utica First Insurance.

Based on feedback from local employers, the success of financial services companies in the region is derived from the competitive cost of highly productive labor, the low cost of real estate and a secure area while still having accessibility to major population and financial centers in Boston, Hartford, New York City and Philadelphia. The area also has excellent private and public colleges and universities such as Syracuse University, Cornell University, Colgate University, and the State Universities at Oswego and Cortland. In addition there are several very strong two-year colleges serving the region.

(Text taken from a recent study by Moran, Stahl & Boyer on the financial services industry in the region.)


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