Insurance Industry Description
The insurance industry in Alaska is regulated by the Alaska Division of Insurance, which oversees the licensing and regulation of insurance companies, agents, and brokers operating in the state. The industry offers a range of insurance products, including auto, home, health, life, and business insurance. Alaska has a unique insurance market due to its remote location and harsh weather conditions, which can increase the risk of property damage and accidents. As a result, insurance premiums in Alaska tend to be higher than in other states. The state also has a high rate of uninsured drivers, which can make it difficult for insured drivers to recover damages in the event of an accident. To address this issue, Alaska requires all drivers to carry liability insurance. In recent years, the industry has seen an increase in the use of technology, such as telematics and mobile apps, to improve customer experience and streamline claims processing. Overall, the insurance industry plays an impo...
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22
COMPANIES
1.18 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Insurance
$83,284
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Alaska |
25 Million to 50 Million |
10001+ |
||
|
United States, Alaska |
1 Billion and Over |
51-200 |
||
|
United States, Alaska |
5 Million to 10 Million |
5001-10000 |
||
|
United States, Alaska |
25 Million to 50 Million |
201-500 |
||
|
United States, Alaska |
10 Million to 25 Million |
51-200 |
||
|
United States, Alaska |
10 Million to 25 Million |
11-50 |
||
|
United States, Alaska |
10 Million to 25 Million |
11-50 |
||
|
United States, Alaska |
10 Million to 25 Million |
11-50 |
||
|
United States, Alaska |
1 Million to 5 Million |
11-50 |
||
|
United States, Alaska |
1 Million to 5 Million |
11-50 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Alaska 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. Alaska's banking sector is primarily dominated by a few major national and regional banks, along with several community banks. These institutions offer a comprehensive range of financial products and services, such as checking and savings accounts, loans, mortgages, and investment options. They serve as a vital source of capital for businesses, enabling them to expand operations, invest in new ventures, and create employment opportunities. Credit unions also play a significant role in Alaska's financial landscape. These member-owned cooperatives provide similar services to banks but operate under a different organizatio...
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FAQs
1
What are the top 3 Insurance companies in Alaska?
The top Insurance companies in Alaska are Trailboss Enterprises, Wilson Albers and Public Education Health Trust. 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 Alaska?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Insurance companies are headquartered in Alaska?
There are approximately 22 of Insurance companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Insurance in Alaska?
The median revenue for Insurance companies in the US is 2500000.
5
Is the Alaska region known for its Insurance sector?
No, the Insurance industry in Alaska is not known for Insurance as there are only 22 companies in Alaska.
6
What is the average revenue of Insurance companies in Alaska?
The average revenue for Insurance companies in Alaska is 53590909.
7
How can I find job opportunities in the Insurance in Alaska?
You can find job opportunities in the Insurance in Alaska 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 Alaska are Trailboss Enterprises, Wilson Albers and Public Education Health Trust. 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 22 of Insurance companies in the US according to the latest CIENCE data.
The median revenue for Insurance companies in the US is 2500000.
No, the Insurance industry in Alaska is not known for Insurance as there are only 22 companies in Alaska.
The average revenue for Insurance companies in Alaska is 53590909.
You can find job opportunities in the Insurance in Alaska 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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