Business & Financial Services

MOVING AT THE SPEED OF BUSINESS

Composed of four subsidiaries including business and support services, finance, insurance and data centers, Arizona business & financial services sector is rapidly growing. The state’s stable climate and reliable energy provide companies in these industries with the ideal operating environment. Continuing to pave the way for future technologies, Arizona has passed pro-innovation policies to set companies up for success.

INDUSTRY HIGHLIGHTS

#1

insurance industry

job growth rate from 2017 to 2021
Lightcast, 2023

TOP 3

finance and insurance industry concentration in 2021
Lightcast, 2023

TOP 4

in primary data center market inventory growth in H1 2022: Phoenix
CBRE, 2022

TOP 6

finance industry job growth rate from 2017 to 2021
Lightcast, 2023

TOP 8

business & financial services industry job growth rate from 2017 to 2021
Lightcast, 2023

INSIDE THE SANDBOX

Arizona was the first state in the nation to launch FinTech and PropTech Sandboxes. These influential platforms cut red tape and enable industry disruptors to drive innovation and collaborate.

Strengths

TOP BUSINESS & FINANCE TALENT

Arizona’s business & financial services talent pool is growing. With top-ranked universities and resources designed for success, the state’s workforce is equipped to excel now and in the future.

DISCOVER TALENT

Doing business in Arizona

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9/19/2023

Clayco Celebrates Grand Opening Of Southwestern Regional Headquarters In Phoenix

PHOENIX, AZ (September 19, 2023) – Clayco, a full-service, turnkey real estate, architecture, engineering, design-build and construction firm, today celebrated the grand opening of its southwestern regional headquarters in Phoenix, Arizona. The 48,000-square-foot office occupies the entire third floor located at 4300 E. Camelback Rd. and currently houses over 400 employees, which support several thousand skilled workers throughout the state.

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5/10/2023

Mediterranean Shipping Company Announces New Office In Tempe

TEMPE, AZ (May 10, 2023) – MSC Mediterranean Shipping Company, a global leader in transportation and logistics, today announced plans to open its new MSC Tempe office, expanding the company’s network of locations across the United States. The new office is located in the NOVUS Innovation Corridor at Arizona State University, is expected to be operational by 2024 and create 170 new jobs.

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