Clover Health Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Clover Health

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Clover Health Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	500 - 1,000Exact Company Size
Primary Industry	5241 Insurance Carriers
Address	30 Montgomery Street 15th Floor Jersey City, NJ 07302

Note: Revenues for privately held companies are statistical evaluations.


Clover Health's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Clover Health's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Clover Health is classified as operating in the Insurance Carriers industry, NAICS Code 5241.

Clover Health Annual Revenue and Growth Rate

Clover Health	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

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

Note: Clover Health's revenues are gauged from an analysis of company filings.

Clover Health's Income Statement (based on Industry Averages)

Clover Health P&L	$ Millions
Revenue (Sales)
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 Clover Health is developing and marketing. Clover Health doesn't have any recent trademark applications, indicating Clover Health 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
WE'RE NOT LIKE OTHER MEDICARE PLANS. BLESS THEIR HEARTS. Insurance services, namely, insurance eligibility review and verification and consultation in the health industry; organizing pre-paid health care plans; issuance of health insurance; administration of pre-paid health care plans	11/16/2020
CLOVER ASSISTANT Software as a service (SAAS) services, namely, hosting software for use by doctors and other specialized medical personnel for use in database management as it relates to patients' clinical confirmation, patient insights, and clinical insights in the field of healthcare	12/03/2019
CLOVER HEALTH Insurance services, namely, insurance eligibility review and verification and consultation in the health industry; organizing pre-paid health care plans; issuance of health insurance; administration of pre-paid health care plans	05/08/2018

See all trademarks and details in the Full Report.

Market Share of Clover Health's Largest Competitors

A competitive analysis shows these companies are in the same general field as Clover Health, 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	Headquarters	Revenue ($ MM)
CENTRUM VALLEY HOLDINGS	Clarion, IA	100
ELEVANCE HEALTH	Indianapolis, IN	44
SECURIAN LIFE INSURANCE	Saint Paul, MN	33
ATH HOLDING	Indianapolis, IN	31
HUMANA	Louisville, KY	30
STATE FARM MUTUAL AUTOMOBILE INSURANCE	Bloomington, IL	26
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUND	White Plains, NY	25
PRUDENTIAL INSURANCE	Newark, NJ	24
AMERICAN INTERNATIONAL GROUP	New York, NY	13

Nearby Competitors

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

Company	Headquarters	Revenue ($ MM)
FORTITUDE GROUP SERVICES	Jersey City, NJ	100
ARCH CAPITAL GROUP U.S.	Jersey City, NJ	43
FORTITUDE GROUP HOLDINGS	Jersey City, NJ	8
CLOVER HEALTH	Jersey City, NJ	8
ASPEN INSURANCE U.S. SERVICES	Jersey City, NJ	5
NATIONAL GUARDIAN LIFE INSURANCE	Jersey City, NJ	3

Future Competition: Clover Health's Fastest Growing Competitors

These companies are in the same general field as Clover Health 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.

Company	Revenue ($ MM)