Insurance Industry Description
The insurance industry in Maine is a significant contributor to the state's economy. The industry provides a range of insurance products, including auto, home, health, and life insurance. Maine has a competitive insurance market, with many national and regional insurance companies operating in the state. The Maine Bureau of Insurance regulates the industry and ensures that insurance companies comply with state laws and regulations. The state also has a high rate of insured individuals, with over 95% of the population having health insurance coverage. The insurance industry in Maine has faced challenges in recent years, including rising healthcare costs and natural disasters. However, the industry has continued to grow and adapt to these challenges, providing essential services to Maine residents and businesses.
80
COMPANIES
5.5 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Insurance
$78,372
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Maine |
25 Million to 50 Million |
10001+ |
||
|
United States, Maine |
10 Million to 25 Million |
10001+ |
||
|
United States, Maine |
10 Million to 25 Million |
10001+ |
||
|
United States, Maine |
500 Million to 1 Billion |
201-500 |
||
|
United States, Maine |
100 Million to 250 Million |
501-1000 |
||
|
United States, Maine |
250 Million to 500 Million |
201-500 |
||
|
United States, Maine |
250 Million to 500 Million |
201-500 |
||
|
United States, Maine |
100 Million to 250 Million |
201-500 |
||
|
United States, Maine |
100 Million to 250 Million |
51-200 |
||
|
United States, Maine |
50 Million to 100 Million |
51-200 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Maine plays a crucial role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment firms, and insurance companies. These entities provide essential services to individuals, businesses, and government entities, facilitating economic growth and stability. Maine's banking sector is primarily dominated by several large national and regional banks, along with numerous community banks. These institutions offer a comprehensive range of financial products and services, including checking and savings accounts, loans, mortgages, and investment options. They serve as a vital source of capital for businesses, supporting entrepreneurship and job creation in the state. Credit unions also play a significant role in Maine's financial landscape. These member-owned cooperatives provide similar services to banks but often offer more favorable terms and rates to their members. Credit union...
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FAQs
1
What are the top 3 Insurance companies in Maine?
The top Insurance companies in Maine are Allen Financial Group, Health Plan One and Patient Advocates. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
2
How are these Insurance companies ranked in Maine?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Insurance companies are headquartered in Maine?
There are approximately 80 of Insurance companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Insurance in Maine?
The median revenue for Insurance companies in the US is 2500000.
5
Is the Maine region known for its Insurance sector?
Yes, the Insurance industry in Maine is known for Insurance as there are 80 companies in Maine.
6
What is the average revenue of Insurance companies in Maine?
The average revenue for Insurance companies in Maine is 68712500.
7
How can I find job opportunities in the Insurance in Maine?
You can find job opportunities in the Insurance in Maine 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.
8
Where are other Insurance companies located?
The overall Insurance industry main page is found here.
FAQs
The top Insurance companies in Maine are Allen Financial Group, Health Plan One and Patient Advocates. 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 80 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 Maine is known for Insurance as there are 80 companies in Maine.
The average revenue for Insurance companies in Maine is 68712500.
You can find job opportunities in the Insurance in Maine 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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