Insurance Industry Description
The insurance industry in New Mexico is regulated by the New Mexico Office of Superintendent of Insurance (OSI). The OSI oversees the licensing of insurance companies, agents, and brokers operating in the state. The insurance industry in New Mexico is diverse, with a range of insurance products available to consumers, including auto, home, health, life, and business insurance. The state has a number of large insurance companies operating within its borders, including State Farm, Allstate, and Farmers Insurance. In addition to these large companies, there are also a number of smaller, regional insurance companies that operate in New Mexico. The insurance industry in New Mexico is an important part of the state's economy, providing jobs and contributing to the overall economic growth of the state. Despite the challenges posed by the COVID-19 pandemic, the insurance industry in New Mexico has remained strong, with many companies adapting to the changing landscape and continuing to prov...
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65
COMPANIES
2.27 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Insurance
$83,124
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, New Mexico |
100 Million to 250 Million |
10001+ |
||
|
United States, New Mexico |
50 Million to 100 Million |
10001+ |
||
|
United States, New Mexico |
10 Million to 25 Million |
10001+ |
||
|
United States, New Mexico |
1 Billion and Over |
51-200 |
||
|
United States, New Mexico |
50 Million to 100 Million |
51-200 |
||
|
United States, New Mexico |
50 Million to 100 Million |
51-200 |
||
|
United States, New Mexico |
10 Million to 25 Million |
201-500 |
||
|
United States, New Mexico |
25 Million to 50 Million |
51-200 |
||
|
United States, New Mexico |
25 Million to 50 Million |
51-200 |
||
|
United States, New Mexico |
10 Million to 25 Million |
51-200 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in New Mexico 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 such as lending, investment management, insurance coverage, and financial advice to individuals, businesses, and government entities in the state. New Mexico's banking sector is primarily dominated by national and regional banks, which offer a comprehensive range of financial products and services. These banks operate numerous branches throughout the state, serving both urban and rural communities. They provide various types of loans, including mortgages, personal loans, and business loans, supporting the growth and development of local businesses and individuals. Credit unions also play a significant role in the banking industry in New Mexico. These member-owned financial cooperatives offer similar services t...
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FAQs
1
What are the top 3 Insurance companies in New Mexico?
The top Insurance companies in New Mexico are Sierra Health HPN, Blue Cross & Blue Shield of New Mexico and Serna Insurance Agency. 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 New Mexico?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Insurance companies are headquartered in New Mexico?
There are approximately 65 of Insurance companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Insurance in New Mexico?
The median revenue for Insurance companies in the US is 2500000.
5
Is the New Mexico region known for its Insurance sector?
Yes, the Insurance industry in New Mexico is known for Insurance as there are 65 companies in New Mexico.
6
What is the average revenue of Insurance companies in New Mexico?
The average revenue for Insurance companies in New Mexico is 34953846.
7
How can I find job opportunities in the Insurance in New Mexico?
You can find job opportunities in the Insurance in New Mexico 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 New Mexico are Sierra Health HPN, Blue Cross & Blue Shield of New Mexico and Serna Insurance Agency. 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 65 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 New Mexico is known for Insurance as there are 65 companies in New Mexico.
The average revenue for Insurance companies in New Mexico is 34953846.
You can find job opportunities in the Insurance in New Mexico 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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