Insurance in Cambridge, MA

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History and Geography

Cambridge, Massachusetts is the fifth largest city in Massachusetts and is located across the Charles River from Boston. Covering 7.13 square miles, it has a population of 109,000.

Cambridge is divided in a number of squares, where businesses ranging from large corporations to small family-owned shops are located. These include Kendall Square, Central Square, Harvard Square, Porter Square, Inman Square, and Lechmere Square. Residential neighborhoods are adjacent to these areas. The MBTA Red Line runs through much of the city, with the Green Line beginning at Lechmere Station. There are also numerous bus routes through the city.Insurance Cambridge, MA

Cambridge was first settled in 1630, and incorporated in 1636. It was initially known as Newtowne, and most settlers lived near what is now Harvard Square. It was here that Newe College was formed in 1636, which would later be renamed to Harvard College. The town was renamed to Cambridge in 1638, in honor of the center of learning in Cambridge, England.

The city grew rapidly, with agriculture giving way to industry and residential areas. Cambridge became a city in 1846, and Central Square rose to prominence as the commercial center of the city. Cambridge was one of the major industrial cities of Massachusetts and New England, with the New England Glass Company being the largest employer for many years. Though it began to lose its industrial roots after World War II, it rose to prominence as one of the foremost centers of higher learning in the world.

Industry and Economy

Cambridge has undergone a number of changes throughout its history, but it has always been a place for industry and innovation. Kendall Square, home of MIT, is referred to as the “most innovative square mile on the planet”, with MIT, start-ups, and other businesses all located in close proximity.

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Cambridge has seen many businesses in its history including:

  • New England Glass Company
  • Carter’s Ink Company
  • Atheneum Press
  • Kennedy Biscuit Factory (originator of the Fig Newton)
  • Necco
  • Kendall Confectionary Company
  • Blake and Knowles Steam Pump Company
  • Google
  • Microsoft
  • Akamai
  • Biogen
  • Genzyme
  • Teva
  • Polaroid
  • Lotus

Through these and other companies that have called Cambridge home, the city has contributed products, technology, confections, and more to the world. Today, many of the companies in the city are related to the healthcare and pharmaceutical industries, as well as technology.

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Education

Since 1636, Cambridge, Massachusetts has been a world-renowned center for higher learning. Beginning with Newe College, which became Harvard University, it has attracted students, professors, researchers, and innovators from around the world. Much of the success of Cambridge can be attributed to its dedication to education, higher learning, and research.

Two of Boston’s best known universities are located in Cambridge: Massachusetts Institute of Technology (MIT) and Harvard University. Other centers for higher learning include:

  • RadCliffe College
  • Le Cordon Bleu College of Culinary Arts
  • Lesley University
  • Cambridge College
  • Cambridge School of Culinary Arts
  • Episcopal Divinity School
  • Longy School of Music

In all, there have been over 120 Nobel Prize Winners that have come through Cambridge during their careers, in addition to many U.S. Presidents.

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Cambridge also places a high emphasis on elementary and high school education with a high-ranked public school system. Private schools also attract students from Cambridge and surrounding cities and towns due to their excellent reputation.

Cambridge, Massachusetts is a thriving and bustling city, as it has been throughout its long history. With an emphasis on education and innovation, it is no surprise that this city has produced world leaders, innovative technology, life-saving medications and medical treatments, and unforgettable products. Attracting a diverse population, Cambridge is a city many are proud to call home.

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