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Insurance Industry Description

The insurance industry in South Carolina is a significant contributor to the state's economy. The industry provides a range of insurance products, including auto, home, health, life, and business insurance. The state has a well-regulated insurance market, with the South Carolina Department of Insurance overseeing the industry's operations. The state's insurance market is competitive, with several national and regional insurance companies operating in the state. The industry employs thousands of people in the state, with many insurance companies having their headquarters or regional offices in South Carolina. The state's insurance market has seen steady growth in recent years, with premiums increasing across all insurance sectors. The industry has also been impacted by natural disasters, such as hurricanes, which have led to increased claims and higher premiums. Overall, the insurance industry in South Carolina plays a vital role in protecting individuals and businesses from financia...

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288

COMPANIES

16.7 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Insurance

$78,135

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Insurance

United States, South Carolina

1 Billion and Over

10001+

Insurance

United States, South Carolina

1 Billion and Over

1001-5000

Insurance

United States, South Carolina

1 Billion and Over

1001-5000

Insurance

United States, South Carolina

250 Million to 500 Million

1001-5000

medal medal SCU

Insurance

United States, South Carolina

250 Million to 500 Million

1001-5000

Insurance

United States, South Carolina

25 Million to 50 Million

10001+

Insurance

United States, South Carolina

100 Million to 250 Million

1001-5000

Insurance

United States, South Carolina

10 Million to 25 Million

10001+

Insurance

United States, South Carolina

250 Million to 500 Million

201-500

Insurance

United States, South Carolina

50 Million to 100 Million

501-1000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in South Carolina 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. South Carolina is home to several major banks and financial institutions, such as Bank of America, Wells Fargo, and BB&T. These banks offer a comprehensive range of banking services, including personal and business banking, loans, mortgages, and investment products. They have a significant presence in the state, with numerous branches and ATMs spread across different cities and towns. In addition to traditional banking services, South Carolina also has a thriving fintech sector. Fintech companies leverage technology to provide innovative financial solutions, such as online banking, mobile payment apps, and peer-to-peer lending platforms. These...

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FAQ

FAQs

The top Insurance companies in South Carolina are BlueCross BlueShield of South Carolina, Colonial Life and National Programs, a Brown & Brown. 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 288 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 South Carolina is known for Insurance as there are 288 companies in South Carolina.

The average revenue for Insurance companies in South Carolina is 58013889.

You can find job opportunities in the Insurance in South Carolina 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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