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Insurance Industry Description

The insurance industry in Utah is a significant contributor to the state's economy. The industry provides a range of insurance products, including health, life, auto, and property insurance. Utah has a competitive insurance market, with many national and regional insurance companies operating in the state. The state's insurance industry is regulated by the Utah Insurance Department, which oversees licensing, consumer protection, and market conduct. The department also provides resources and information to consumers and businesses regarding insurance products and regulations. Utah has a relatively low uninsured rate compared to other states, with around 8% of the population lacking health insurance. The state has also implemented several initiatives to improve access to healthcare and reduce healthcare costs, including Medicaid expansion and the creation of a state-run health insurance exchange. Overall, the insurance industry in Utah plays a vital role in protecting individuals and ...

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210

COMPANIES

12.1 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Insurance

$84,659

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Insurance

United States, Utah

250 Million to 500 Million

1001-5000

Insurance

United States, Utah

250 Million to 500 Million

1001-5000

Insurance

United States, Utah

25 Million to 50 Million

10001+

Insurance

United States, Utah

250 Million to 500 Million

501-1000

Insurance

United States, Utah

10 Million to 25 Million

10001+

Insurance

United States, Utah

500 Million to 1 Billion

201-500

Insurance

United States, Utah

250 Million to 500 Million

201-500

Insurance

United States, Utah

250 Million to 500 Million

201-500

Insurance

United States, Utah

50 Million to 100 Million

1001-5000

Insurance

United States, Utah

50 Million to 100 Million

1001-5000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Utah is a significant contributor to the state's economy. With a strong presence of both national and regional banks, Utah has established itself as a hub for financial services. The industry encompasses a wide range of activities, including commercial banking, investment banking, asset management, insurance, and financial technology. Utah's banking sector is characterized by its stability and resilience, which can be attributed to the state's conservative regulatory environment and prudent financial practices. The industry has experienced steady growth over the years, with many banks expanding their operations and establishing headquarters or regional offices in the state. The state's financial institutions offer a comprehensive range of services to individuals, businesses, and government entities. These services include deposit accounts, loans, mortgages, credit cards, wealth management, and retirement planning. Utah's banks are known for thei...

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FAQ

FAQs

The top Insurance companies in Utah are Select Health, Leavitt Group and WCF Insurance. 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 210 of Insurance companies in the US according to the latest CIENCE data.

The median revenue for Insurance companies in the US is 7500000.

Yes, the Insurance industry in Utah is known for Insurance as there are 210 companies in Utah.

The average revenue for Insurance companies in Utah is 57807143.

You can find job opportunities in the Insurance in Utah 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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