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
Related Industries
Avg Salary in Insurance
$84,659
AVG SALARY
Top Companies
COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
---|---|---|---|---|
United States, Utah |
250 Million to 500 Million |
1001-5000 |
||
United States, Utah |
250 Million to 500 Million |
1001-5000 |
||
United States, Utah |
25 Million to 50 Million |
10001+ |
||
United States, Utah |
250 Million to 500 Million |
501-1000 |
||
United States, Utah |
10 Million to 25 Million |
10001+ |
||
L
Lumenos
|
United States, Utah |
500 Million to 1 Billion |
201-500 |
|
United States, Utah |
250 Million to 500 Million |
201-500 |
||
United States, Utah |
250 Million to 500 Million |
201-500 |
||
United States, Utah |
50 Million to 100 Million |
1001-5000 |
||
United States, Utah |
50 Million to 100 Million |
1001-5000 |
Segmentation by Revenue
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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FAQs
1
What are the top 3 Insurance companies in Utah?
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.
2
How are these Insurance companies ranked in Utah?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Insurance companies are headquartered in Utah?
There are approximately 210 of Insurance companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Insurance in Utah?
The median revenue for Insurance companies in the US is 7500000.
5
Is the Utah region known for its Insurance sector?
Yes, the Insurance industry in Utah is known for Insurance as there are 210 companies in Utah.
6
What is the average revenue of Insurance companies in Utah?
The average revenue for Insurance companies in Utah is 57807143.
7
How can I find job opportunities in the Insurance in Utah?
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.
8
Where are other Insurance companies located?
The overall Insurance industry main page is found here.
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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