The opportunities New Hampshire can offer insurance companies are many:

1% insurance premium tax (2011)
With the reduction in the insurance premium tax to 1%, New Hampshire will now have the lowest premium rate in the Northeast and Mid-Atlantic states

Favorable regulatory climate
The NH Department of Insurance is accessible, reasonable, knowledgeable and professional. Did you know that any insurance executive can simply pick up the phone and reach the Commissioner of Insurance directly? The New Hampshire Insurance Department is accessible and knowledgeable, with the expertise and experience to understand and review insurance transactions promptly.

Tax credits, reliable and stable utility rates and supply, community development block grants, customized job training programs, low interest loan programs and energy efficiency programs further provide for a business friendly environment.

Educated/skilled workforce and available labor
New Hampshire’s workforce is exceptionally strong. Companies interested in moving to New Hampshire are pleasantly surprised by the availability of highly skilled workers with a strong work ethic. In fact, New Hampshire ranks 5th highest in the US in adults with a BA degree or higher, and workers throughout the state have access to training and educational facilities. Insurance companies that have expanded to New Hampshire have taken advantage of double or triple labor market access through the state’s close proximity (10 to 30 minute commute) to the Boston metro area and southern Maine or Vermont. New Hampshire alone features 26 colleges, including the University of New Hampshire and Dartmouth College. New Hampshire also offers a number of programs to assist employers with job training and recruitment.

“When we look at New Hampshire, there are a number of positive attributes, not the least of which is the availability of experienced talent.”
-Robert Solitro, President/COO, North American Specialty Insurance Company

Excellent quality of life
In 2008, New Hampshire has been ranked “Most Livable State” in the US for a 5th year in a row, 3rd healthiest state in the US and safest state in the nation. This attracts high quality workers.You can also benefit from the 18 miles of coastline and over 1,300 lakes and ponds in the “Live Free or Die” state, or the thousands of miles of trails. The highest mountains in the Northeast, forests and dozens of state parks are further reason to consider our state for your business. Excellent schools, high quality health care and low crime make New Hampshire right for you and your employees.

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