Top 11 Insurance Agencies | Auto Insurance | Travel Insurance

Top 11 Insurance Agencies | Auto Insurance | Travel Insurance

INSURANCE

Insurance companies are key players in the American Economy, covering the risks and covering the costs of accidents.

Present throughout the country and abroad, American Insurance Agencies are involved in Life Insurance and Health Insurance,

Property Insurance and Casualty Insurance, Commercial Insurance and Comprehensive Insurance, and Reinsurance.

The major US Insurance Agencies are key players in the financial sector and play an important role in the economy through risk management.

However, they’re involved in fierce competition with one another for market share within the US and abroad, and face competition from foreign insurers looking to expand in their domestic market.

Other financial companies, such as banks and financial services companies, also challenge them in their Insurance and risk management activities in the financial markets.

Although they face stiff competition to provide insurance and risk mitigation products and services to individuals,

companies and institutions, the most significant threat to insurers comes from the disruption of their traditional business by insurance technology startups.

These new “InsurTech” companies create new ways for people and corporations to hide , manage,

and anticipate risks and exposure to varied hazards, which may impede the activities of traditional Insurance Companies.

And some of them, among the largest US startups, have already grown into “unicorns” – startups with a valuation of more than a billion dollars.

insurace agencies

Insurance Agencies 

However, Insurance Agencies remain a mainstay of the United States Economy and will remain in this position for the foreseeable future.

The US is such a large Business Arena for insurers to thrive that they can use their domestic foothold to expand abroad and conquer new markets.

Whether they provide life and Insurance , property and casualty insurance, insurance brokerage services, or reinsurance,

Insurance Agencies are within the US to remain , and potentially to overcome the rest of the world as well.

1. Chubb

Subindustry: Property & amp; Accident insurance             chubb

Chubb Limited is the parent company of Chubb, a global provider of business and personal property and accident, accident and Health,

reinsurance and Life Insurance products for multinational corporations and local businesses, individuals and insurers seeking reinsurance coverage.

Dating back to 1882, Chubb is headquartered in Zurich, Switzerland, and operates in 54 countries and territories.

 

2.  Aon

 Subindustry: Insurance Brokers                           aon insurance

Aon plc is a global professional services company offering risk, retirement and healthcare solutions, based in London, UK.

Created in 1982 with the merger of Ryan Insurance Group with Combined Insurance Company of America, Aon is particularly involved in the commercial risk brokerage and reinsurance industry.

It is also operating in the business process outsourcing and investment and property management industry.

Website: aon.com – Market Cap: $ 53.706 billion – Stock Symbol: AON

 

3. Progressive

 Subindustry: Property & amp; Accident insurance             progressive insurance

The Progressive Corporation, more simply known as Progressive, is an insurance company, especially involved in Automobile Insurance in the United States.

Founded in 1937 and based in Mayfield Village, Ohio, Progressive offers Bike Insurance, Boats Insurance, recreational vehicles, and Commercial Vehicles Insurance, as well as Home Insurance.

It has expanded its Car Insurance offering in Australia.

Website: progressive.com – Market Cap: $ 48.676 billion – (NYSE) Stock Symbol: PGR

 

4. MetLife

Subindustry: Life and breadth; Health insurance           metlife insurance

MetLife, Inc. is among the world’s largest providers of insurance, annuity, and employee benefit programs through its subsidiary Metropolitan Life Insurance Company.

Founded in 1968, MetLife operates in home, Auto Insurance and Life Insurance, commercial mortgages, and commercial mortgage and sovereign debt backed securities.

It conducts business in the United States, Japan, Latin America, the Asia Pacific region, Europe, and the Middle East.

Website: metlife.com – Market Cap: $ 47.211 billion – Stock Symbol: MET

 

5. American International Group

Subindustry: Property & amp; Accident insurance                    American International Group

American International Group, Inc., better known as AIG, is a multinational finance and insurance corporation based in New York City.

It is in general, life and retirement insurance, and an independent, technology-enabled subsidiary.

American International Group operates in more than 80 countries and jurisdictions.

Website: aig.com – Market Cap: $ 46.508 billion – (NYSE) Stock Symbol: AIG

 

6. Allstate

Subindustry: Property & amp; Accident insurance                 Allstate insurance

Allstate Corporation is an insurance company based in Northfield Township, Illinois.

Allstate Corporation, dating back to 1931, has grown to become the largest publicly traded property Accident Insurance in the U.S..

It offering Auto Insurance and individual Property Insurance alongside business and commercial insurance, as well as a range of associated insurance products.

Allstate operates 19 companies in the United States, United Kingdom, Canada, and India.

Website: allstate.com – Market Cap: $ 39.667 Billion – Stock Symbol: ALL

 

7.  Prudential Financial

Subindustry: Life and breadth; Health insurance        Logotipo financiero prudencial

Prudential Financial, Inc. engages in Insurance, investment management and other financial products and services to individual and institutional clients through its affiliates.

Prundential Financial provides Life Insurance, Mutual Funds, Annuities, pension and retirement-related Investments, administration and management of assets, securities brokerage services.

Prudential Financial operates in the United States, Europe, Asia and Latin America

Website: prudential.com – Market Cap: $ 37.754 billion – Stock Symbol: PRU

 

8. Travelers

Subindustry: Property & amp; Accident insurance                    travelers insurance

The Travelers Companies, Inc., better known as Travelers, is an Insurance Company based in New York City, particularly involved in commercial property damage insurance.

One of the largest insurers in the United States, Travelers operates in Personal Insurance, Commercial Insurance, and bonds.

It has expanded into the UK, Ireland, Singapore, China, Canada and Brazil.

Website: travelers.com – Market Cap: $ 34,751 Billion – Stock Symbol: TRV

 

9. Willis Towers Watson

Sub-Industry: Insurance Brokers                                       Willis Towers Watson insurance

Willis Towers Watson is a global multinational insurance brokerage, advisory company risk, and management .

Tracing its roots back to 1828, Willis Towers Watson has grown into one of the world’s largest insurance brokers, operating in more than 140 countries around the world.

Based in London, United Kingdom, it is the result of the merger between the British company Willis Group Holdings plc and the American company Towers Watson & Co.

Website: willistowerswatson.com – Market Cap: $ 25.661 Billion – (NYSE) Stock Symbol: WLTW

 

10. Hartford Financial

Subindustry: Property & amp; Accident insurance                           Hartford Financial insurance

The Hartford Financial Services Group, Inc., better known as The Hartford, is an Insurance and investment company.

Founded in 1910 and headquartered in Hartford, Connecticut, the company conducts property and casualty, group benefits,

And Mutual Fund operations, selling its products and services primarily through a network of agents and brokers. It also participates in auto and Home Insurance.

Website: thehartford.com – Market Cap: $ 21.584 billion – (NYSE) Stock Symbol: HIG

 

11. Arthur J. Gallagher & Co.

Subindustry: Insurance Brokers                                                Arthur J. Gallagher&Logotipo de Co insurance

Arthur J. Gallagher & Co., Often abbreviated AJG, is a global risk management and Insurance Brokerage services company.

Founded in 1927 and headquartered in Rolling Meadows, Illinois, AJG has grown into one of the largest Insurance Brokers in the world,

operating in the Americas, Europe, Asia and Oceania through local insurance brokerage subsidiaries.

Website: ajg.com – Market Cap: $ 19.74 billion – Stock Symbol: AJG

 

 

 

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