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Since the pandemic’s start, Hartford insurance companies have announced plans to cede hundreds of thousands of square feet of downtown office space.
Global Atlantic Financial Group is countering that trend, even as the retirement and life-insurance company embraces a hybrid work model.
Leading the New York-based company’s Hartford expansion is Chief Administrative Officer Dan O’Shea.
O’Shea announced in January that Global Atlantic plans to expand its downtown Hartford presence in the Gold Building at One Financial Plaza, taking on an additional 11,500 square feet to support about 100 new employees.
The company will occupy the entire 10th and 24th floors of the iconic 26-story, Class-A office tower, growing its footprint to more than 46,000 square feet, with the ability to support more than 300 employees.
Last year, the New York-based company that was founded by Goldman Sachs and is now majority owned by private equity giant KKR added 325 workers across its nine offices, including 75 new hires in Hartford. It currently has about 240 employees who report to the Gold Building, but after the next hiring wave it will have over 300, likely making Hartford the company’s largest location, said O’Shea, whose office rests on the Gold Building’s 24th floor.
“I do believe the Greater Hartford area is the insurance capital of the United States,” O’Shea told the Hartford Business Journal last month. “And so if you're looking to expand and you're an insurance company, Hartford is a really good option.”
O’Shea has deep ties to the state’s insurance industry. He’s been with Global Atlantic for nearly seven years. Prior to that, he served in a variety of human resources roles at The Hartford for about 13 years.
Since joining Global Atlantic in 2016 as chief human resources officer, O’Shea has gradually taken on more responsibilities and was named chief administrative officer in 2021.
In addition to overseeing HR and talent recruitment and management, he’s in charge of business resilience, real estate, corporate services, security, communication and branding and marketing.
He’s also involved in the community, serving on the board of the Hartford Public Library.
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The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
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