Direct Life Insurance Carriers Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Direct Life Insurance Carriers industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Direct Life Insurance Carriers companies in the United States.
Direct Life Insurance Carriers Revenue by State
Distribution by Company Size
| Company Size | All Industries | Direct Life Insurance Carriers |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Direct Life Insurance Carriers Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Salary information for employees working in the Direct Life Insurance Carriers industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 10% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Business and Financial Operations Occupations | 22% |
| Business Operations Specialists | 17% |
| Claims Adjusters, Appraisers, Examiners, and Investigators | 6% |
| Claims Adjusters, Examiners, and Investigators | 6% |
| Computer and Mathematical Occupations | 14% |
| Computer Occupations | 12% |
| Healthcare Practitioners and Technical Occupations | 7% |
| Health Diagnosing and Treating Practitioners | 5% |
| Sales and Related Occupations | 6% |
| Office and Administrative Support Occupations | 39% |
| Information and Record Clerks | 19% |
| Customer Service Representatives | 18% |
| Customer Service Representatives | 18% |
| Other Office and Administrative Support Workers | 11% |
| Insurance Claims and Policy Processing Clerks | 8% |
| Insurance Claims and Policy Processing Clerks | 8% |
Government Contracts
The federal government spent an annual total of
$7,995,419 on the direct life insurance carriers industry. It has awarded 228 contracts to 15 companies, with an average value of $533,028 per company.
Top Companies in Direct Life Insurance Carriers and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
