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LANSING: Michigan's Insurance Hub

As a low-cost market nestled in the heart of the Great Lakes, Lansing’s strong existing insurance cluster, pipeline of industry-honed talent, and InsurTech-focused entrepreneurial culture make it a safe haven for insurance industry leaders looking to invest in a bright future.

Existing Industry

The Lansing market is home to eight insurance company headquarters ranging from regional to global in scale and collectively responsible for over $30 billion in annual premiums/revenue.

View Lansing's Insurance Services Cluster in a full screen map

Facility Cost Per Sq Foot

Industry average per sq. ft. cost for full-service lease rate for quality class A/B office space in 2017

Region Cost per Sq. Foot
Lansing $16
Houston $31
Chicago $34
Boston $37
Washington D.C. $41
San Fransisco $70
New York $75

Talent

The Lansing region's insurance talent pipeline is bolstered by educational institutions building industry-honed programs.

K-12 Programs
  • Lansing School District and Charlotte Public Schools partnerships with Olivet College.
  • Lansing STEM Academy K-8 Program.
  • Information Technology Empowerment Center (ITEC).
  • Insuring MI Future is an organization seeking to attract young talent to a career in the insurance industry in Michigan.

Computer Information & Technologies Program degrees & certificates:

  • Networking Programming 

  • E-Business & Web related 

  • Computer Repair 

  • Computer Support 

  • Computer Basics 

  • Geographical Information Systems

Insurance Pathway for Associate in Business Degree

  • Top ranked insurance and Risk Management program with 90% graduation rate.
  • Nationally award-winning Alpha Alpha Chapter of Gamma Lota Sigma insurance, risk management, and actuarial science fraternity
  • Just 25 minutes from downtown Lansing.
  • 130 students enrolled, 90% graduation and retention rate.
  • Nationally Award-Winning Alpha Alpha Chapter of Gamma Iota Sigma (GIS), the fraternity for insurance, risk management and actuarial science professions. Founded 1986; 1989, 2014 Edison L. Bowers Award (highest honor); 2013-2014 Superior Chapter Award.

Undergraduate Minor in Insurance and Risk Management

Computer Science Degrees

  • Undergraduate Minor in Computer Science  

  • Undergraduate Bachelor of Science in Computer Science 

  • Graduate Master of Science in Computer Science 

  • Doctor of Philosophy in Computer Science

Mathematics

  • Undergraduate Minor in Mathematics

  • Undergraduate Bachelor of Science in Mathematics, Advanced, Computational Math

  • Undergraduate Bachelor of Arts in Mathematics, Advanced, Computational Math, Industrial

  • Graduate Master of Science in Mathematics

  • Doctor of Philosophy in Mathematics

Actuarial Science

  • Undergraduate Minor in Actuarial Science

  • Undergraduate Bachelor of Science in Actuarial Science

Growing Insurance Technology Companies

PROTO Accelerator is a new business accelerator platform offering equity investment, expert guidance, and connectivity with insurance industry leaders to technology startups geared toward insurance solutions.

Quest Software

  • $1M investment into new equipment in 2014 resulting in 32 new jobs
  • Manages claims for over 40 insurance companies, handling 4,000 incoming calls per day
  • Growing to 250+ employees company wide 

Vertafore 

  • Acquisition of Sircon Corp. in 2008 
  • Expansion into 36,000 sq. ft. office space in East Lansing in 2012 
  • 130 employees
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(517) 702-3387

1000 S. Washington Ave Suite 201 Lansing, MI 48910

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  • Copyright Lansing Economic Area Partnership