List of 20 Insurance Companies in the US
Free List Of Top 20 Insurance Companies
As the insurance industry continues to play a crucial role in protecting individuals, businesses, and assets, it’s essential to understand the key players in the market. The top insurance companies in the US have significant influence not only domestically but also globally. These companies have built a solid reputation over the years, providing a wide range of insurance products and services to meet the diverse needs of consumers and businesses. In this article, we will provide a comprehensive overview of the top 20 insurance companies in the US, highlighting their sectors, founding years, annual revenues, and a brief description of each company, along with a link to their website.
Overview of the Top 20 Insurance Companies in the US
1. State Farm
– Sector: Property and casualty insurance
– Year Founded: 1922
– Annual Revenue: Over $81 billion
– Description: State Farm is one of the largest property and casualty insurance providers in the US, offering a wide range of insurance products and financial services to millions of customers.
– Website: [State Farm](https://www.statefarm.com)
2. Berkshire Hathaway
– Sector: Diversified insurance and reinsurance
– Year Founded: 1839
– Annual Revenue: Over $247 billion
– Description: Berkshire Hathaway is a multinational conglomerate with a significant presence in the insurance industry. The company offers various insurance and reinsurance products through its subsidiaries.
– Website: [Berkshire Hathaway](https://www.berkshirehathaway.com)
3. Liberty Mutual
– Sector: Property and casualty insurance
– Year Founded: 1912
– Annual Revenue: Over $43 billion
– Description: Liberty Mutual is a leading global property and casualty insurer, providing a wide range of insurance products for individuals and businesses.
– Website: [Liberty Mutual](https://www.libertymutual.com)
4. Allstate
– Sector: Property and casualty insurance
– Year Founded: 1931
– Annual Revenue: Over $47 billion
– Description: Allstate is a well-known insurance company offering auto, home, and life insurance products, as well as financial services to its customers.
– Website: [Allstate](https://www.allstate.com)
5. Progressive
– Sector: Property and casualty insurance
– Year Founded: 1937
– Annual Revenue: Over $43 billion
– Description: Progressive is a leading provider of auto insurance, offering innovative products and services to meet the evolving needs of its customers.
– Website: [Progressive](https://www.progressive.com)
6. Nationwide
– Sector: Property and casualty insurance
– Year Founded: 1926
– Annual Revenue: Over $40 billion
– Description: Nationwide is a diversified insurance and financial services company, providing a wide range of products for individuals, businesses, and financial institutions.
– Website: [Nationwide](https://www.nationwide.com)
7. Travelers
– Sector: Property and casualty insurance
– Year Founded: 1853
– Annual Revenue: Over $32 billion
– Description: Travelers is a leading provider of property and casualty insurance for businesses, individuals, and organizations, offering a broad range of insurance products and services.
– Website: [Travelers](https://www.travelers.com)
8. USAA
– Sector: Property and casualty insurance
– Year Founded: 1922
– Annual Revenue: Over $35 billion
– Description: USAA is a provider of insurance, banking, investments, and retirement products and services to members of the military and their families.
– Website: [USAA](https://www.usaa.com)
9. Aflac
– Sector: Supplemental insurance
– Year Founded: 1955
– Annual Revenue: Over $23 billion
– Description: Aflac is a leading provider of supplemental insurance, offering products that help individuals and families with the expenses that major medical insurance doesn’t cover.
– Website: [Aflac](https://www.aflac.com)
10. Chubb
– Sector: Property and casualty insurance
– Year Founded: 1882
– Annual Revenue: Over $40 billion
– Description: Chubb is a global provider of insurance products for businesses and individuals, offering property and casualty, accident and health, and financial lines insurance solutions.
– Website: [Chubb](https://www.chubb.com)
11. MetLife
– Sector: Life and health insurance
– Year Founded: 1868
– Annual Revenue: Over $65 billion
– Description: MetLife is a leading provider of life, accident, and health insurance, and retirement and savings products, serving over 90 million customers worldwide.
– Website: [MetLife](https://www.metlife.com)
12. The Hartford
– Sector: Property and casualty insurance
– Year Founded: 1810
– Annual Revenue: Over $20 billion
– Description: The Hartford is a provider of property and casualty insurance, group benefits, and mutual funds, offering a wide range of products for individuals and businesses.
– Website: [The Hartford](https://www.thehartford.com)
13. New York Life
– Sector: Life insurance and annuities
– Year Founded: 1845
– Annual Revenue: Over $35 billion
– Description: New York Life is one of the largest mutual life insurance companies in the US, providing life insurance, annuities, and long-term care insurance products and services.
– Website: [New York Life](https://www.newyorklife.com)
14. American Family
– Sector: Property and casualty insurance
– Year Founded: 1927
– Annual Revenue: Over $11 billion
– Description: American Family is a mutual company offering property, casualty, and auto insurance, as well as annuities, mutual funds, and retirement planning services.
– Website: [American Family](https://www.amfam.com)
15. Farmers Insurance Group
– Sector: Property and casualty insurance
– Year Founded: 1928
– Annual Revenue: Over $20 billion
– Description: Farmers Insurance Group offers a wide range of insurance products, including auto, home, business, and life insurance, serving more than 10 million households across the US.
– Website: [Farmers Insurance Group](https://www.farmers.com)
16. Cigna
– Sector: Health services and insurance
– Year Founded: 1792
– Annual Revenue: Over $153 billion
– Description: Cigna is a global health services company offering a variety of insurance and other healthcare-related products and services to individuals and businesses worldwide.
– Website: [Cigna](https://www.cigna.com)
17. American International Group (AIG)
– Sector: Property and casualty insurance
– Year Founded: 1919
– Annual Revenue: Over $49 billion
– Description: AIG is a leading global insurance organization serving customers in more than 80 countries and jurisdictions. The company offers property, casualty, and life insurance products.
– Website: [AIG](https://www.aig.com)
18. Prudential Financial
– Sector: Life insurance and financial services
– Year Founded: 1875
– Annual Revenue: Over $64 billion
– Description: Prudential Financial is a financial services company offering life insurance, annuities, retirement, investment management, and other financial products and services.
– Website: [Prudential Financial](https://www.prudential.com)
19. The Principal Financial Group
– Sector: Retirement, investment, and insurance
– Year Founded: 1879
– Annual Revenue: Over $15 billion
– Description: The Principal Financial Group is a global investment management leader, offering retirement, insurance, and asset management solutions for individuals and businesses.
– Website: [The Principal Financial Group](https://www.principal.com)
20. Zurich Insurance Group
– Sector: Property and casualty insurance
– Year Founded: 1872
– Annual Revenue: Over $75 billion
– Description: Zurich Insurance Group is a global insurer providing a wide range of property, casualty, and specialty insurance products and services for businesses and individuals.
– Website: [Zurich Insurance Group](https://www.zurich.com)
The top 20 insurance companies in the US play a significant role in providing essential insurance products and services to individuals and businesses across the country. With a diverse range of insurance sectors and substantial annual revenues, these companies continue to make a substantial impact on the insurance industry, offering innovative solutions and financial protection to their clients.
