Direct Life Insurance Carriers in Minnesota
Revenue benchmarks for direct life insurance carriers businesses operating in Minnesota.
#12 of 50 states-61.9% vs national avg
Average Revenue
$56.2M
per year
Businesses
73
in Minnesota
Revenue / Employee
$333K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.3
firms per 100K in MN
Total Revenue
$4.1B
all firms in MN
Total Employees
12,339
in MN
How Minnesota Compares
National Average$147.7M
Minnesota$56.2M
Difference$91.4M (-61.9%)