Insurance and financial service is a key industry cluster in Dubuque. Companies operating here include Prudential, Cottingham & Butler, Sedgwick, Heartland Financial, Kunkel & Associates, Tricor Insurance, and others.
Iowa is acknowledged as a leader in insurance regulation. The Iowa Insurance Division has earned a reputation for oversight that is efficient, responsive, and fair.
Iowa’s insurance industry output as a percent of gross domestic product ranks third among the 50 states. (U.S. Bureau of Economic Analysis, 2012)
There are 40,300 insurance industry professionals currently employed in Iowa, which is a net increase of 3,700 new jobs over the last 15 years. (Iowa Workforce Development, 2012)
Iowa’s central time zone allows companies to stretch the regular work day to conveniently service customers on both coasts, as well as Canada and Mexico.
The Greater Dubuque region is equipped with dual fiber redundancy provided by CenturyLink. If an interruption occurs, service will be routed through the secondary line to prevent downtime.
Our regional laborshed includes an estimated 53,822 people in insurance and financial services fields. To learn more about the region’s workforce, please view our laborshed information.
There are more than 326,000 college students within a 100-mile radius and 32,000 in the tri-state area providing a highly-skilled workforce pipeline.
The Greater Dubuque region offers a unique, targeted, and proven employee recruitment tool for the tri-state market called AccessDubuqueJobs.com.
The State of Iowa New Jobs Training Program, administered by Northeast Iowa Community College, provides funding for various costs associated with new worker training and education.
State Business Advantages
Iowa does not charge premium taxes on sales of annuities or qualified life insurance plans.
Iowa’s premium tax is 1 percent, one of the lowest in the nation.
Iowa does not assess any additional surtaxes or income taxes on insurance carriers.
In the State of Iowa, there is:
No sales tax on computers or custom software.
No sales tax on interstate or international telecommunications.