Insurance Industry Description
The insurance industry in Minnesota is a significant contributor to the state's economy. The industry includes a variety of insurance products, such as life, health, property, and casualty insurance. Minnesota is home to several large insurance companies, including UnitedHealth Group, Allianz Life Insurance Company of North America, and Securian Financial Group. These companies employ thousands of people in the state and generate billions of dollars in revenue each year. The state of Minnesota has a well-regulated insurance market, with the Minnesota Department of Commerce overseeing the industry. The department is responsible for licensing insurance companies and agents, as well as ensuring that they comply with state laws and regulations. Minnesota also has a strong consumer protection framework in place, with laws that protect consumers from unfair insurance practices. One of the unique features of the insurance industry in Minnesota is the presence of health insurance cooperat...
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467
COMPANIES
35.4 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Insurance
$89,107
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Minnesota |
1 Billion and Over |
10001+ |
||
|
United States, Minnesota |
1 Billion and Over |
10001+ |
||
|
United States, Minnesota |
1 Billion and Over |
5001-10000 |
||
|
United States, Minnesota |
100 Million to 250 Million |
10001+ |
||
|
United States, Minnesota |
1 Billion and Over |
1001-5000 |
||
|
United States, Minnesota |
1 Billion and Over |
1001-5000 |
||
|
United States, Minnesota |
1 Billion and Over |
1001-5000 |
||
|
United States, Minnesota |
1 Billion and Over |
1001-5000 |
||
|
United States, Minnesota |
1 Billion and Over |
1001-5000 |
||
|
United States, Minnesota |
1 Billion and Over |
1001-5000 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Minnesota 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 institutions provide various financial services to individuals, businesses, and government entities. Minnesota is home to several major banks, such as U.S. Bank and Wells Fargo, which have a significant presence in the state. These banks offer a comprehensive range of banking services, including personal and business banking, loans, mortgages, and investment products. They play a vital role in facilitating economic growth by providing capital and financial expertise to businesses and individuals. Credit unions also play a significant role in the banking and finance industry in Minnesota. These member-owned financial cooperatives offer similar services to traditional banks but often provide more personalized and community-focused banking experience...
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FAQs
1
What are the top 3 Insurance companies in Minnesota?
The top Insurance companies in Minnesota are UnitedHealth Group, Allianz Egypt and Allianz Life Indonesia. 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 Minnesota?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Insurance companies are headquartered in Minnesota?
There are approximately 467 of Insurance companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Insurance in Minnesota?
The median revenue for Insurance companies in the US is 2500000.
5
Is the Minnesota region known for its Insurance sector?
Yes, the Insurance industry in Minnesota is known for Insurance as there are 467 companies in Minnesota.
6
What is the average revenue of Insurance companies in Minnesota?
The average revenue for Insurance companies in Minnesota is 75810493.
7
How can I find job opportunities in the Insurance in Minnesota?
You can find job opportunities in the Insurance in Minnesota 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 Minnesota are UnitedHealth Group, Allianz Egypt and Allianz Life Indonesia. 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 467 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 Minnesota is known for Insurance as there are 467 companies in Minnesota.
The average revenue for Insurance companies in Minnesota is 75810493.
You can find job opportunities in the Insurance in Minnesota 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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