Insurance Giant Aetna Is Leaving Hartford for New York City<br />From a very deep bench of top insurance talent, to incredible school systems<br />and a high quality of life for employees, Connecticut remains the insurance capital of the world for good reason.”<br />For New York, the company’s decision is a feather in the cap of a city seeking to brand itself as a rival to Silicon Valley, with Spotify, the streaming music service, planning a move into 4 World Trade Center,<br />and Snap Inc., parent of the social media platform Snapchat, taking up residence in Times Square<br />Besides the state tax credits, which are based on the number of new jobs Aetna creates, the New York City Economic Development Corporation<br />will provide nearly $10 million worth of incentives through a combination of property and sales tax credits, among other benefits.<br />By SARAH MASLIN NIRJUNE 29, 2017<br />Aetna, the insurance giant founded in Hartford, where it has been for the past 164 years, announced Thursday<br />that it would move its headquarters to New York City despite intensive lobbying efforts by Connecticut officials.<br />But as the company places greater emphasis on creating digital tools for people to manage their health care, being in New York City, with<br />its large reservoir of talent, seemed vital to the company’s future, said Mark T. Bertolini, Aetna’s chairman and chief executive.
