Target Sectors

Financial Services & Insurance

As home to the headquarters of Markel, Allianz, and Elephant Auto Insurance, Henrico has cemented its status as a regional hub for businesses in the financial services and insurance sectors. From corporate banking to fintech to specialty markets, companies come here to thrive.

The bottom line is that they love our pro-business climate along with the way our region operates its finances. Minutes away lies the headquarters of the Federal Reserve Bank of Richmond, established to strengthen the economy and community of the Fifth District. We offer a progressive and responsive regulatory environment. And due to a long history of its own strong fiscal management, Henrico has preserved an AAA bond rating from Moody’s, Standard & Poor’s, and Fitch. Download our convenient Financial Services brochure to discover more reasons why Henrico is the best location for your business.



Low Cost of Business

In industries as heavily taxed and regulated as finance and insurance can be, companies come to Henrico to take advantage of our favorable tax rates. In fact, our corporate income tax rate has stood at just 6% since 1972, and our real estate tax has only decreased since 1978 and now stands at $0.85/$100 of assessed value.



Cloud Computing Power

Perhaps nothing is more important to financial services and insurance companies than the protection of data. Safeguard your information with our world-class cloud-based service offerings.



Built for Growth

Our infrastructure is not only prepared for your business of today; we’re constantly cultivating it for your business of tomorrow. Our state-of-the-art fiber optic telecommunications offerings will keep you connected and your data racing across the globe and back – in mere milliseconds.



Educated Labor Force

In Henrico, you’ll gain access to a surplus of top talent ready and eager for careers in finance. Drive your business success with recruits from VCU School of Business and the Robins School of Business at the University of Richmond, consistently ranked as one of the top undergraduate business schools in the nation. The Darden School of Business at University of Virginia, regularly ranked as a Top 15 business school in the U.S. and Top 30 in the world, is only one hour’s drive away.


Intrigued? Let’s talk about all the ways Henrico can help drive your business success.
Reach out to the Henrico EDA and put us to work for you today.

Federal Reserve Bank
The 5th district is located in Richmond.
6% Corporate Tax Rate
has not increased since 1972.
AAA Bond Rating
Henrico is one of only 47 localities in the U.S. with an AAA bond rating from three major national bond rating agencies.
85¢/$100 Real Estate Tax Rate
has not increased since 1978.



Companies with a Presence in Henrico

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News & Insights

Henrico EDA and Henrico Citizen Expand Program To Provide Free Advertising Packages to 40 Local Ventures
2024-12-10
Extraordinary Henrico Tomorrow Initiative To Elevate Today’s Office
2024-11-19
Henrico Launches Interactive CATALYST Business Academy
2024-11-12
DPR Construction Utilizes Henrico Technology Zone Incentives & Innovative Practices in Office Expansion
2024-10-16