Insurance Industry Description
The insurance industry in Oklahoma is a significant contributor to the state's economy. The industry provides a range of insurance products, including auto, home, health, and life insurance. Oklahoma has a competitive insurance market, with many national and regional insurance companies operating in the state. The Oklahoma Insurance Department regulates the industry and ensures that insurance companies comply with state laws and regulations. The state's insurance industry has experienced steady growth over the years, with premiums written increasing from $6.5 billion in 2010 to $9.5 billion in 2019. The industry employs thousands of people in the state, with many working in insurance agencies, underwriting, claims, and other related fields. Oklahoma's insurance industry has faced challenges in recent years, including natural disasters such as tornadoes and earthquakes, which have resulted in significant losses for insurers. However, the industry has remained resilient and continues ...
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227
COMPANIES
14.7 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Insurance
$80,143
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Oklahoma |
500 Million to 1 Billion |
1001-5000 |
||
|
United States, Oklahoma |
10 Million to 25 Million |
10001+ |
||
|
United States, Oklahoma |
1 Billion and Over |
51-200 |
||
|
United States, Oklahoma |
500 Million to 1 Billion |
51-200 |
||
|
United States, Oklahoma |
50 Million to 100 Million |
501-1000 |
||
|
United States, Oklahoma |
100 Million to 250 Million |
201-500 |
||
|
United States, Oklahoma |
100 Million to 250 Million |
201-500 |
||
|
United States, Oklahoma |
100 Million to 250 Million |
201-500 |
||
|
United States, Oklahoma |
250 Million to 500 Million |
51-200 |
||
|
United States, Oklahoma |
50 Million to 100 Million |
201-500 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Oklahoma 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 essential services such as lending, investment management, insurance coverage, and financial advice to individuals, businesses, and government entities. Oklahoma's banking sector is well-developed and highly competitive, with both national and regional banks operating in the state. The industry is regulated by the Oklahoma State Banking Department, which ensures the safety and soundness of financial institutions and promotes consumer protection. Commercial banks in Oklahoma offer a variety of services, including checking and savings accounts, loans, mortgages, and credit cards. They play a vital role in facilitating business transactions, providing capital for investments, and supporting economic growth in the state. Many banks...
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FAQs
1
What are the top 3 Insurance companies in Oklahoma?
The top Insurance companies in Oklahoma are American Fidelity, Independent Insurance Agents of Oklahoma and Navigating through Medicare. 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 Oklahoma?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Insurance companies are headquartered in Oklahoma?
There are approximately 227 of Insurance companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Insurance in Oklahoma?
The median revenue for Insurance companies in the US is 2500000.
5
Is the Oklahoma region known for its Insurance sector?
Yes, the Insurance industry in Oklahoma is known for Insurance as there are 227 companies in Oklahoma.
6
What is the average revenue of Insurance companies in Oklahoma?
The average revenue for Insurance companies in Oklahoma is 64590308.
7
How can I find job opportunities in the Insurance in Oklahoma?
You can find job opportunities in the Insurance in Oklahoma 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 Oklahoma are American Fidelity, Independent Insurance Agents of Oklahoma and Navigating through Medicare. 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 227 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 Oklahoma is known for Insurance as there are 227 companies in Oklahoma.
The average revenue for Insurance companies in Oklahoma is 64590308.
You can find job opportunities in the Insurance in Oklahoma 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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