Financial and business services make the largest private sector contribution to Norfolk’s economy, with over 180 companies. Norwich is also one of the largest general insurance centres in Europe. In recent years, the sector has expanded to the nearby Broadland Business Park, with Aviva having a major base there, as well as in the city centre, together with Royal Bank of Scotland. Other leading companies include: Marsh, Virgin Money, The One Account, Tax Assist and Moneyfacts.

Norwich has been a base for the financial industries for over 200 years and boasts a financially literate, highly-skilled and stable workforce recruited from local colleges and universities as well as the very first National Skills Academy in the UK for Financial services. This ensures a large pool of talent which combined with the low cost base and the excellent world wide connections makes it an ideal location for financial services companies front and back offices. Further support is provided by UEA, one of the most popular and respected universities in the country and worldwide (currently in the top 1% globally).

A number of its schools provide key support to the sector:

  • Its top ranking Business School offers degrees in accounting, finance management and marketing.
  • MSc courses include advanced business management, international accounting and financial management, along with full and part time MBA courses.
  • The School of Computing Science is one of the largest and most experienced computing schools in the UK.
  • The school of Actuarial Sciences offers multi-disciplinary teaching, combining the expertise of the Schools of Computing Science, Mathematics, Economics and Norwich Business School, to engage with real world business issues and have the opportunity to be taught by professional actuaries from Aviva. Bespoke financial services courses are also available at City College Norwich.

The sector is also supported by the Financial Industry Group, a public/private partnership established in 2001 to promote and develop the banking, insurance and finance sector in Norwich and Norfolk.

To get in touch with our business investment specialists call +44 (0)344 800 8020 or email us.

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