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Company Profiles: Revenue, Growth, Competition

MAGNUM INSURANCE AGENCY Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for Magnum Insurance Agency

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Magnum Insurance Agency Fast Facts

Revenue$10 - $100 million    See Exact Annual Revenue
Employees10 - 100Exact Company Size
Primary Industry52421 Insurance Agencies & Brokers
Additional NAICS Codes524298
Address2250 E. Devon Ste 329
Des Plaines, IL 60018

magnuminsurance.com/contact-us
Note: Revenues for privately held companies are statistical evaluations.


Magnum Insurance Agency's annual revenues are $10-$50 million (see exact revenue data) and has 10-100 employees. It is classified as operating in the Insurance Agencies & Brokers industry.


Magnum Insurance Agency's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Magnum Insurance Agency Annual Revenue and Growth Rate

Magnum Insurance Agency Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Magnum Insurance Agency's revenues are gauged from an analysis of company filings.



Magnum Insurance Agency's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Magnum Insurance Agency Revenue (Sales) Magnum Insurance Agency Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Magnum Insurance Agency is developing and marketing. Magnum Insurance Agency doesn't have any recent trademark applications, indicating Magnum Insurance Agency is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
MIA INSURANCE
insurance agency services; insurance brokerage services; insurance agency and brokerage services; providing insurance agency and brokerage services; providing insurance information
02/11/2022
WARRANTYFORCE
providing extended warranties on automobiles, namely, mechanical failure, replacement parts, and vehicle repair
01/23/2020
MAGNUM INSURANCE AGENCY
Insurance agencies, not including dental and vision health insurance administration or underwriting services
05/31/2019

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Magnum Insurance Agency grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Magnum Insurance Agency is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Insurance Agencies & Brokers

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Magnum Insurance Agency's Largest Competitors

A competitive analysis shows these companies are in the same general field as Magnum Insurance Agency, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUSTPittsburgh, PA100 
LOS ANGELES CITY EMPLOYEES ASSN.Los Angeles, CA10 
SEQUOIA ONE PEOTempe, AZ5 
ARTHUR J. GALLAGHERRolling Meadows, IL4 
MARSH & MCLENNAN COMPANIESNew York, NY4 
WILLIS NORTH AMERICANashville, TN3 
IOWA BANKERS MORTGAGEJohnston, IA3 
LOCKTONKansas City, MO2 
HUB INTERNATIONAL LIMITEDChicago, IL2 




Nearby Competitors

These companies are similar in business line and location to Magnum Insurance Agency. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
AON CONSULTINGLincolnshire, IL100 
ARTHUR J. GALLAGHERRolling Meadows, IL50 
AONLincolnshire, IL18 
ALERA GROUPDeerfield, IL12 
TRUSTMARK HEALTH BENEFITSLake Forest, IL2 
GUARANTEE TRUST LIFE INSURANCEGlenview, IL1 




Future Competition: Magnum Insurance Agency's Fastest Growing Competitors

These companies are in the same general field as Magnum Insurance Agency and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Magnum Insurance Agency Competitors