+353-1-416-8900REST OF WORLD
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1-800-526-8630U.S. (TOLL FREE)

Business Insurance in the US - Industry Market Research Report

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    Report

  • 43 Pages
  • September 2023
  • Region: United States
  • IBISWorld
  • ID: 5205774

In good hands: Industry demand will likely rise as business activity increases

Companies in the Business Insurance industry underwrite business insurance policies, which protect businesses from losses because events may occur during the business. These events include car accidents, natural disasters or machinery issues. Business insurance is primarily for businesses that want to pool several different commercial-related insurance policies together, which results in a lower premium price for such packages. Accordingly, companies emphasize potential risk exposure when pricing business insurance policies, with insurance policy prices falling during price-cutting cycles or softening and rising during price-raising or hardening cycles.

This industry underwrites (i.e. assuming the risk and assigning premiums) business insurance, which is used to protect businesses from losses due to events that may occur during the normal course of business.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.


Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • State Farm Mutual Automobile Insurance Co
  • Allstate Corp
  • Chubb Limited

Methodology

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