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Insurance Industry Description

The insurance industry in Connecticut is a significant contributor to the state's economy. Connecticut is home to many insurance companies, including Aetna, The Hartford, and Travelers. These companies offer a range of insurance products, including health, life, auto, and property insurance. The insurance industry in Connecticut employs thousands of people and generates billions of dollars in revenue each year. The state's insurance industry is regulated by the Connecticut Insurance Department, which oversees licensing, consumer protection, and market conduct. Connecticut's insurance industry has faced challenges in recent years, including increased competition and regulatory changes. However, the industry remains a vital part of the state's economy and continues to provide important services to consumers.

367

COMPANIES

24.4 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Insurance

$104,491

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Insurance

United States, Connecticut

1 Billion and Over

10001+

Insurance

United States, Connecticut

250 Million to 500 Million

10001+

Insurance

United States, Connecticut

250 Million to 500 Million

5001-10000

Insurance

United States, Connecticut

50 Million to 100 Million

10001+

Insurance

United States, Connecticut

250 Million to 500 Million

1001-5000

Insurance

United States, Connecticut

250 Million to 500 Million

1001-5000

Insurance

United States, Connecticut

250 Million to 500 Million

1001-5000

Insurance

United States, Connecticut

25 Million to 50 Million

10001+

Insurance

United States, Connecticut

250 Million to 500 Million

501-1000

Insurance

United States, Connecticut

25 Million to 50 Million

5001-10000

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employees

Segmentation by Number of Employees

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Industry + State Overview

Connecticut's banking and finance industry is a significant contributor to the state's economy. With a rich history dating back to the early 18th century, the industry has evolved and diversified over the years. The state is home to numerous banks, financial institutions, and insurance companies, making it a hub for financial services. Connecticut's banking sector is characterized by a mix of large national banks, regional banks, and community banks. These institutions offer a wide range of services, including personal and commercial banking, wealth management, mortgage lending, and investment banking. The presence of major national banks provides access to a comprehensive suite of financial products and services for both individuals and businesses. The state's finance industry extends beyond traditional banking, with a strong focus on insurance and asset management. Connecticut is known as the "Insurance Capital of the World" due to the presence of many insurance companies, inclu...

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FAQ

FAQs

The top Insurance companies in Connecticut are Navigators, a brand of The Hartford, Laquinta and W. R. Berkley Corporation. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 367 of Insurance companies in the US according to the latest CIENCE data.

The median revenue for Insurance companies in the US is 2500000.

Yes, the Insurance industry in Connecticut is known for Insurance as there are 367 companies in Connecticut.

The average revenue for Insurance companies in Connecticut is 66475477.

You can find job opportunities in the Insurance in Connecticut through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Insurance industry main page is found here.

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