Where do insurance occupiers lease office space in Frankfurt?

Most cluster in Westend. Rent runs ~55 EUR/sqft ($59 USD) for trophy and prime stock.

What fit-out spec do insurance occupiers run in Frankfurt?

Typically high-end at $200–290/sqft.

How much office space per seat should a insurance occupier plan in Frankfurt?

Plan ~220 sqft per seat blended. A 100-person team typically takes 22,000 sqft.

What NAICS codes describe the insurance vertical?

Representative NAICS 2022 codes: 524, 5241.

What is the talent index in Frankfurt?

88/100. Use the city profile for full detail.

Insurance occupiers in Frankfurt typically cluster in Westend, plan ~220 sqft per seat at high-end fit-out ($200–290/sqft), and pay around 55 EUR/sqft ($59 USD) on Class A.

Preferred submarket: Westend.
Typical fit-out spec: High-end ($200–290/sqft).
Plan ~220 sqft per seat for headcount sizing.
Class A rent context: 55 EUR/sqft ($59 USD).
Typical lease: 7 years with 9 months rent-free.
Talent depth in Frankfurt: 88/100.

Insurance office space in Frankfurt

Insurance occupiers in Frankfurt typically cluster in Westend, plan ~220 sqft per seat at high-end fit-out">fit-out ($200–290/sqft), and pay around 55 EUR/sqft ($59 USD) on Class A.

TL;DR

Preferred submarket: Westend.
Typical fit-out spec: High-end ($200–290/sqft).
Plan ~220 sqft per seat for headcount sizing.
Class A rent context: 55 EUR/sqft ($59 USD).
Typical lease: 7 years with 9 months rent-free.
Talent depth in Frankfurt: 88/100.

Where they cluster

Insurance occupiers in Frankfurt typically anchor in Westend. Asset managers, family offices, boutique banks, professional services.

What they pay

Class A rent in Frankfurt runs 55 EUR/sqft ($59 USD) on a 7-year lease with 9 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical insurance fit-out targets high-end specification at $200–290/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 220 sqft per seat blended (workstation + circulation + amenity). A 100-headcount insurance office in Frankfurt typically targets 22,000 sqft of leasable area.

Talent angle

Underwriting and actuarial talent concentrates near broker districts; long lease durations and conservative escalator structures are typical. Deepest banking-and-regulatory talent pool in continental Europe. Average all-in compensation indexes 88.

Tax and lease context

Headline corporate tax: 30%. German leases run 5-10 years with break rights. Rent reviews are indexed to the CPI (Verbraucherpreisindex). Tenant pays Nebenkosten (operating costs) on top of base rent. Cautio (security deposit) of 3-6 months is typical.

Key facts

city	Frankfurt
industry	Insurance
naics	524, 5241
preferredSubmarket	Westend
preferredFitoutSpec	High-end
fitoutBand	$200–290/sqft
sqftPerSeat	220
classARentLocal	55 EUR/sqft/yr
classARentUsd	$59/sqft/yr
vacancyPct	8.4%
typicalLeaseYears	7
typicalRentFreeMonths	9
talentIndex	88
corporateTaxPct	30%

Frequently asked questions

Where do insurance occupiers lease office space in Frankfurt?: Most cluster in Westend. Rent runs ~55 EUR/sqft ($59 USD) for trophy and prime stock.
What fit-out spec do insurance occupiers run in Frankfurt?: Typically high-end at $200–290/sqft.
How much office space per seat should a insurance occupier plan in Frankfurt?: Plan ~220 sqft per seat blended. A 100-person team typically takes 22,000 sqft.
What NAICS codes describe the insurance vertical?: Representative NAICS 2022 codes: 524, 5241.
What is the talent index in Frankfurt?: 88/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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