Ranking of the 50 Biggest Commercial Insurance Companies Listed by Forbes

Where to Start:

As a business owner, you always run the danger of lawsuits, property damage, and income loss, to mention a few. You need business insurance to safeguard your enterprise from these and other risks.

Business insurance safeguards the physical assets and financial resources of your firm in addition to its intangible and tangible assets.

The size, sector, location, and staff count of your firm all affect which small business insurance is ideal for you.

When looking for business insurance, a commercial general liability insurance policy and a commercial property insurance coverage are appropriate places to start. You will probably need workers compensation insurance if your business employs people, as it is mandated in the majority of states.

You should look around for the greatest bargain on business insurance. Obtain rates for commercial insurance coverage from several insurance providers. This can be done online or by phoning a business insurance agent on the phone. Your time investment is worthwhile. Finding the best rate for the sorts of company insurance you desire involves comparison searching.

Uncertain about where to begin? Here are the top 50 commercial insurance providers.

See list by forbes:

RankCompanyMarket share
3Liberty Mutual5.44%
5The Hartford4.84%
6Tokio Marine4.34%
7State Farm3.74%
8Farmers Insurance3.37%
9Auto-Owners Insurance3.03%
10The Cincinnati Insurance Cos.2.74%
11The Hanover Insurance Group2.49%
13Erie Insurance2.19%
16American Family Insurance1.71%
17Berkshire Hathaway1.65%
18W. R. Berkley Corp.1.65%
$19GNY Insurance Cos.1.44%
21Church Mutual1.32%
22AmTrust Financial1.28%
24Fairfax Financial1.05%
25Brotherhood Mutual Insurance Co.1.02%
26Munich Re0.95%
28Westfield Insurance0.85%
29Utica National Insurance Group0.85%
30Great American Insurance0.71%
31GuideOne Insurance0.61%
33COUNTRY Financial0.54%
35Acuity A Mutual Insurance Co.0.47%
37Vermont Mutual Insurance0.46%
38American National0.45%
39Global Indemnity0.44%
40Frankenmuth Insurance0.43%
41Everest Re0.43%
42AF Group0.42%
43Trisura Group0.42%
44Grange Insurance0.42%
45Central Insurance Cos.0.40%
47Arch Capital0.39%
48Encova Insurance0.38%
50Nuclear Electric Insurance0.37%
Source: S&P Global Market Intelligence, based on 2021 direct premiums written


No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *