Direct Property and Casualty Insurance Carriers in Minnesota
Revenue benchmarks for direct property and casualty insurance carriers businesses operating in Minnesota.
#26 of 50 states-69.5% vs national avg
Average Revenue
$24.0M
per year
Businesses
153
in Minnesota
Revenue / Employee
$384K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
2.7
firms per 100K in MN
Total Revenue
$3.7B
all firms in MN
Total Employees
9,565
in MN
How Minnesota Compares
National Average$78.6M
Minnesota$24.0M
Difference$54.6M (-69.5%)