Other Direct Insurance (except Life, Health, and Medical) Carriers - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in initially underwriting (e.g., assuming the risk, assigning premiums) insurance policies (except life, disability income, accidental death and dismemberment, health and medical, property and casualty, and title insurance policies). Illustrative Examples: Bank deposit insurance carriers, direct Product warranty insurance carriers, direct Deposit or share insurance carriers, direct Warranty insurance carriers (e.g., appliance, automobile, homeowners, product), direct Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Other Direct Insurance (except Life, Health, and Medical) Carriers Market Size

This report includes historical and forecasted market sizes and industry trends for Other Direct Insurance (except Life, Health, and Medical) Carriers. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Other Direct Insurance (except Life, Health, and Medical) Carriers industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Other Direct Insurance (except Life, Health, and Medical) Carriers industry.

Geographic Breakdown by U.S. State

Other Direct Insurance (except Life, Health, and Medical) Carriers market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Other Direct Insurance (except Life, Health, and Medical) Carriers companies in the United States.

Distribution by Company Size

Company Size	All Industries	Other Direct Insurance (except Life, Health, and Medical) Carriers
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Other Direct Insurance (except Life, Health, and Medical) Carriers company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Compensation and Salary Surveys

Salary information for employees working in the Other Direct Insurance (except Life, Health, and Medical) Carriers industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	7%	Included
Chief Executives	0%
General and Operations Managers	2%
Business and Financial Operations Occupations	35%
Business Operations Specialists	24%
Claims Adjusters, Appraisers, Examiners, and Investigators	18%
Claims Adjusters, Examiners, and Investigators	16%
Financial Specialists	11%
Financial Analysts and Advisors	8%
Insurance Underwriters	7%
Computer and Mathematical Occupations	10%
Computer Occupations	8%
Sales and Related Occupations	9%
Sales Representatives, Services	8%
Insurance Sales Agents	7%
Insurance Sales Agents	7%
Office and Administrative Support Occupations	33%
Information and Record Clerks	10%
Customer Service Representatives	8%
Customer Service Representatives	8%
Other Office and Administrative Support Workers	15%
Insurance Claims and Policy Processing Clerks	12%
Insurance Claims and Policy Processing Clerks	12%

Government Contracts

The federal government spent an annual total of $1,341,373 on the Other Direct Insurance (except Life, Health, and Medical) Carriers industry. It has awarded 47 contracts to 13 companies, with an average value of $103,183 per company.

Top Companies in Other Direct Insurance (except Life, Health, and Medical) Carriers and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included