Hiroad Assurance Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Hiroad Assurance

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Hiroad Assurance Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	5241 Insurance Carriers
Address	1 State Farm Plaza Bloomington, IL 61710

Note: Revenues for privately held companies are statistical evaluations.


Hiroad Assurance's Annual Report & Profile shows critical firmographic facts:

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

Hiroad Assurance Annual Revenue and Growth Rate

Hiroad Assurance	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: Hiroad Assurance's revenues are gauged from an analysis of company filings.

Hiroad Assurance's Income Statement (based on Industry Averages)

Hiroad Assurance 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 Hiroad Assurance is developing and marketing. Hiroad Assurance doesn't have any recent trademark applications, indicating Hiroad Assurance 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
HIROAD ZERO Downloadable computer software and downloadable mobile application that collects, stores, and displays data pertaining to the location and operation of motor vehicles for use in tracking, monitoring, storing and sharing information on carbon emissions; Downloadable computer software and downloadable mobile applications for earning, managing, and redeeming rewards relating to reduced energy usage and good driving scores	06/05/2020
IT PAYS TO BE YOU. Insurance services, namely, underwriting, issuance and administration of property and casualty insurance	12/08/2017

See all trademarks and details in the Full Report.

Market Share of Hiroad Assurance's Largest Competitors

A competitive analysis shows these companies are in the same general field as Hiroad Assurance, 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 Hiroad Assurance. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
STATE FARM MUTUAL AUTOMOBILE INSURANCE	Bloomington, IL	100
HIROAD ASSURANCE	Bloomington, IL	1
TENTAC ENTERPRISES	Bloomington, IL	0
COMPASS INSURANCE PARTNERS	Fairbury, IL	0
CLEMENS & ASSOCIATES	Bloomington, IL	0
SNYDER PROPERTIES TRUST	Bloomington, IL	0
BLISS MCKNIGHT	Bloomington, IL	0
LANDER VAN GUNDY AGENCY	Normal, IL	0
JIM SPACHMAN STATE FARM AGENCY	Bloomington, IL	0
RICHARD A. MCLEAN	Bloomington, IL	0

Future Competition: Hiroad Assurance's Fastest Growing Competitors

These companies are in the same general field as Hiroad Assurance 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)