Federated Insurance Companies
Federated Insurance Companies
Industry Analysis
Under the North America Classification System, Federated Insurance belongs to Direct Life, Health, and Medical Insurance Carriers Industry which accounts for the 52411 industry code. According to the 2002 national census, there are around 13,004 organizations with total revenue estimated in $ 755,029,387. The industry is highly concentrated and competitors are primarily in the Property & Casualty Insurance industry. Among the company's top competitors, we can identify big names; including American International Group, MetLife, Aetna, State Farm and Allstate. The 50 largest companies hold more than 60 percent of the market. Federated Insurance also competes in the Life Insurance sector. Large companies have big economies of scale in administration and in access to capital. Small companies can compete successfully by specializing in particular products or industries.
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