Businesses in Connecticut: the headquarters corridor, the insurers and all 89,234 workplaces

Connecticut is a small state with an outsized list of headquarters: 14 of its 20 largest public companies sit in a few Fairfield County towns, and Cigna alone reports more revenue than the next 14 combined. Underneath them is a market of 89,234 workplaces where the average job pays $76,505, the sixth-highest of any state or DC.

Market report6 min readPublished

Connecticut had 89,234 business establishments with paid employees in 2023, 30th among states, employing 1,536,698 people at an average annual pay of $76,505, according to the Census Bureau. The top companies headquartered in Connecticut, by revenue in their latest 10-Ks, are The Cigna Group (Bloomfield, $274.90 billion in 2025), Charter Communications (Stamford, $54.77 billion), Philip Morris International (Stamford, $40.65 billion), The Hartford ($28.37 billion) and Booking Holdings (Norwalk, $26.92 billion).

  • Cigna's $274.90 billion is 49.0% of the combined revenue of Connecticut's 15 largest public companies.
  • 14 of the 20 largest are in Stamford, Greenwich, Norwalk or Shelton, all in Fairfield County.
  • Finance and insurance jobs in Connecticut pay $177,844 on average, 2.3 times the state average.
  • Census data for Connecticut now uses nine planning regions instead of the eight old counties.
  • The state's online business records search covers both Connecticut and out-of-state entities.
On this page

This page is for people who need to know which companies are in Connecticut and how to find the rest: job seekers, suppliers, analysts and B2B sellers planning a New England territory. It opens with the big headquarters, then covers the full business count by region and sector, and ends with how to look up a Connecticut business and how to prospect the state's insurers.

Top companies headquartered in Connecticut

The 15 largest SEC-listed companies whose latest 10-K gives a Connecticut principal executive office, by revenue in that filing. Employees are company-wide, in the filing's own terms.

RankCompanyTownRevenueEmployees
1The Cigna GroupBloomfield$274.90 billionabout 67,700
2Charter CommunicationsStamford$54.77 billionabout 91,900 full-time equivalent
3Philip Morris InternationalStamford$40.65 billionabout 84,900
4The Hartford Insurance GroupHartford$28.37 billionabout 19,200
5Booking HoldingsNorwalk$26.92 billionabout 24,300
6AmphenolWallingford$23.10 billionabout 170,000
7EMCOR GroupNorwalk$16.99 billionabout 44,000
8United RentalsStamford$16.10 billionabout 28,500
9Stanley Black & DeckerNew Britain$15.13 billionabout 43,500
10W. R. BerkleyGreenwich$14.71 billionnot stated
11Otis WorldwideFarmington$14.43 billionabout 72,000
12GXO LogisticsGreenwich$13.18 billionabout 105,000, plus 49,000 agency temps
13XPOGreenwich$8.16 billionabout 37,000
14Xerox HoldingsNorwalk$7.02 billionabout 22,900
15QXOGreenwich$6.84 billion7,794

All fiscal years ended in December 2025 except Stanley Black & Decker's, which ended January 3, 2026. Philip Morris's figure is net revenues, excluding excise taxes. Together the 15 reported $561.26 billion.

The next five are Gartner (Stamford, $6.50 billion), Silgan Holdings (Norwalk, $6.48 billion), SS&C Technologies (Windsor, $6.27 billion), Interactive Brokers (Greenwich, $6.21 billion of net revenues) and Hubbell (Shelton, $5.84 billion).

Many of these companies' people are mostly elsewhere. Booking Holdings reports about 2,900 of its 24,300 employees in the US; Amphenol, about 15,000 of 170,000. A Stamford or Norwalk headquarters often means a few hundred executives and corporate staff, which matters if you're selling something delivered to employees.

Who you might expect, and why they aren't listed

  • Travelers reported $48.83 billion in 2025, but its 10-K names New York as the principal executive office and says it also maintains executive offices in Hartford.
  • Eversource Energy ($13.55 billion) describes itself as headquartered in Boston and Hartford; its 10-K cover gives a Springfield, Massachusetts address.
  • Synchrony Financial is based in Stamford but reports interest income rather than a revenue total, so it doesn't fit a revenue ranking.

Two clusters: Fairfield County and Greater Hartford

Fourteen of the 20 largest headquarters are in Stamford, Greenwich, Norwalk or Shelton, within commuting distance of New York. The other cluster is around Hartford, where Cigna, The Hartford, Stanley Black & Decker, Otis and SS&C sit within about 15 miles of the state capital, and where the insurance industry is concentrated.

Census data shows the insurance base directly. In 2023 Connecticut had 413 insurance carrier establishments employing 60,351 people, with average pay of $132,198 (our calculation from CBP payroll). Ninety-seven of those sites had 50 or more employees and 13 had 1,000 or more. The Census Bureau flags the carrier employment figure as moderately affected by the noise it adds for confidentiality. Aerospace is the other specialty: 84 aerospace product and parts establishments employ 31,549 people, also flagged for moderate noise.

How many businesses are in Connecticut

MeasureConnecticut, 2023
Establishments89,234
Employees1,536,698
Annual payroll$117,565,549,000
Average employees per establishment17.2
Average annual pay$76,505
Share of US establishments1.07% (of 8,361,342)
Rank among states by establishments30
Employees at the establishmentEstablishments
1 to 446,502
5 to 916,976
10 to 1911,829
20 to 498,773
50 to 992,816
100 to 2491,735
250 to 499392
500 to 999117
1,000 or more94

In bands: 75,307 establishments with 1 to 19 employees, 11,589 with 20 to 99 and 2,338 with 100 or more. CBP counts locations with paid employees across all sectors, not companies, and leaves out the self-employed; employment is for the pay period including March 12, 2023.

Businesses by planning region

Connecticut's eight counties stopped functioning as governments in 1960, and in 2022 the Census Bureau announced it would replace them with the state's nine planning regions in its statistics from late 2022. CBP 2023 reports by planning region:

Planning regionEstablishmentsEmployeesShare of state establishments
Capitol (Hartford area)23,642473,77726.5%
Western Connecticut (Stamford, Norwalk, Danbury)19,955292,28822.4%
South Central (New Haven area)13,779263,67515.4%
Naugatuck Valley (Waterbury area)9,114145,19310.2%
Greater Bridgeport6,941107,1147.8%
Southeastern Connecticut5,883100,6546.6%
Lower Connecticut River Valley4,48965,4365.0%
Northwest Hills2,90931,8333.3%
Northeastern Connecticut1,75125,0032.0%

Another 771 establishments with 31,725 employees are reported statewide without a region. The Capitol region has 30.8% of the state's jobs; Western Connecticut averages 14.6 employees per establishment against the Capitol region's 20.0: smaller workplaces, despite the big headquarters. For the capital itself, see businesses in Hartford.

What Connecticut businesses do

Sector (NAICS)EstablishmentsEmployeesAverage pay
Health care and social assistance (62)11,961292,377$63,041
Retail trade (44 to 45)11,696181,494$40,009
Professional, scientific and technical services (54)9,275106,291$114,263
Construction (23)8,15261,816$84,258
Finance and insurance (52)5,629119,436$177,844
Manufacturing (31 to 33)3,735158,521$89,149
Educational services (61)1,52781,003$59,814
Management of companies (55)70430,838$151,339

Manufacturing has only 3,735 establishments but averages 42.4 employees each, at $89,149 average pay. Educational services sites average 53.0 employees, a sign of large campuses. For the factory side, see manufacturing companies in Connecticut.

How to look up a Connecticut business

SourceWhat it's good for
Connecticut business records searchThe Secretary of the State's record of every domestic and foreign entity, with status, agent and filings
Verify a business licenseHow to check a contractor's or other professional's state license
Business.CT.govThe state's business portal: registration, annual reports, tax and contracting
MetroHartford AllianceNotable employers and data for the Hartford region
AdvanceCT business directoryCompany listings from the state's economic development partner
SEC EDGAR, Connecticut filers10-Ks for the state's public companies

Prospecting Connecticut's insurers

Insurers keep their big central functions (claims, underwriting operations, IT, risk) in a few head offices with formal vendor onboarding. Work those, not every site.

Illustrative example. The company, prices and results are fictional, to show the method.

Nutmeg Tabletop (nutmegtabletop.example) runs cyber incident exercises for executive teams and wants Connecticut insurers.

  • Insurance carrier establishments with 50 or more employees: 36 + 28 + 8 + 12 + 13 = 97.
  • Some are second or third sites of the same carrier, so it estimates about 55 separate companies.
  • It targets the chief information security officer and the head of operational resilience at each, not procurement.
  • At six new clients a year at $30,000 per exercise, that's $180,000 of first-year revenue.

Separating a carrier's head office from its satellite claims office takes research on each site. Bebop can search for "insurance carriers in Greater Hartford with more than 200 employees and a CISO" and explain why each fits.

Email to a CISO at a Connecticut insurer
Subject: [Company]'s next incident exercise

Hi [first name],

Most carriers run their incident response exercise once a year, and the hard part is making it realistic for the executives, not the security team.

We run a half-day exercise built on a claims-system outage and a data extortion demand, with your general counsel, communications lead and CFO in the room, and we write the after-action report.

Could I send you the scenario we ran for a Hartford carrier your size?

[Your name], Nutmeg Tabletop

Next step: build the account list with how to build a prospect list.

Sources

Written by the Bebop team at Blackpearl Group. Published .

Questions people ask

What are the biggest companies in Connecticut?

By revenue in their latest 10-K filings, the largest companies headquartered in Connecticut are The Cigna Group of Bloomfield ($274.90 billion in 2025), Charter Communications ($54.77 billion), Philip Morris International ($40.65 billion), The Hartford ($28.37 billion) and Booking Holdings ($26.92 billion). Amphenol, EMCOR, United Rentals, Stanley Black & Decker and W. R. Berkley complete the top ten.

How many businesses are in Connecticut?

The Census Bureau counted 89,234 business establishments with paid employees in Connecticut in 2023, 30th among states, employing 1,536,698 people with $117.6 billion in payroll. The Capitol planning region around Hartford had the most, 23,642. The figures count locations, not companies, and exclude self-employed people, so the number of registered businesses is much higher.

How do I look up a business in Connecticut?

Use the Connecticut business records search run for the Secretary of the State, which covers all domestic entities formed in Connecticut and foreign entities registered there, with status, registered agent and filing history. Licenses for contractors and other trades are checked separately; Business.CT.gov explains how to verify a license, permit or registration. Public companies' 10-Ks are on SEC EDGAR.

Why are so many companies headquartered in Stamford and Greenwich?

Fourteen of Connecticut's 20 largest public companies, by 10-K revenue, list Stamford, Greenwich, Norwalk or Shelton as their headquarters, including Charter, Philip Morris International, Booking Holdings, United Rentals and Interactive Brokers. These Fairfield County towns are within commuting distance of New York. Many of these companies have most of their employees elsewhere: Booking Holdings reports about 2,900 of its 24,300 in the US.

Is Travelers headquartered in Connecticut?

Not according to its 10-K, which gives 485 Lexington Avenue, New York as the principal executive office and says the company also maintains executive offices in Hartford, Connecticut and St. Paul, Minnesota. Travelers reported $48.83 billion in revenue for 2025 and about 34,000 employees, roughly 90% of them in the US. Rankings based on filings therefore list it under New York.

Find the Connecticut companies that buy what you sell

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