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Company Profiles: Revenue, Growth, Competition

Ohio Farmers Insurance Revenue, Growth & Competitor Profile

DBA WESTFIELD
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Company Profile & Annual Report for Ohio Farmers Insurance

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Ohio Farmers Insurance Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry5241 Insurance Carriers
Additional NAICS Codes52421 Insurance Agencies & Brokers
AddressP.o. Box 5001
Westfield Center, OH 44251

Note: Revenues for privately held companies are statistical evaluations.


Ohio Farmers Insurance's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?
    • Ohio Farmers Insurance is classified as operating in the Insurance Carriers industry, NAICS Code 5241.

Ohio Farmers Insurance Annual Revenue and Growth Rate

Ohio Farmers Insurance 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):
Premium Report

Note: Ohio Farmers Insurance's revenues are gauged from an analysis of company filings.



Ohio Farmers Insurance's Income Statement (based on Industry Averages)

Ohio Farmers Insurance P&L$ Millions
Revenue (Sales) Ohio Farmers Insurance 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 Ohio Farmers Insurance is developing and marketing. Ohio Farmers Insurance doesn't have any recent trademark applications, indicating Ohio Farmers Insurance 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
WESWORKS
Insurance claims auditing services; consulting to companies in the area of medical care management, namely, providing medical referrals, medical pre-certification, providing consumer information services and referrals to companies and employees in the fields of medical services, medical equipment and drug prescriptions
04/26/2011
REAL PEOPLE. REAL VALUE.
Insurance services, namely, underwriting and promoting personal and commercial insurance coverage in the fields of property and casualty insurance, and the promotion of insurance products through the independent agency system, together with insurance policy administration, insurance risk management, insurance claims adjustment, and fidelity and surety bond insurance
06/25/2010
FIREMARK GRILLE
Restaurant services
04/23/2010

See all trademarks and details in the Full Report.


Market Share of Ohio Farmers Insurance's Largest Competitors

A competitive analysis shows these companies are in the same general field as Ohio Farmers Insurance, 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)
CENTRUM VALLEY HOLDINGSClarion, IA100 
ELEVANCE HEALTHIndianapolis, IN44 
SECURIAN LIFE INSURANCESaint Paul, MN33 
ATH HOLDINGIndianapolis, IN31 
HUMANALouisville, KY30 
STATE FARM MUTUAL AUTOMOBILE INSURANCEBloomington, IL26 
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUNDWhite Plains, NY25 
PRUDENTIAL INSURANCENewark, NJ24 
AMERICAN INTERNATIONAL GROUPNew York, NY13 




Nearby Competitors

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

Company HeadquartersRevenue ($ MM)
OHIO FARMERS INSURANCEWestfield Center, OH100 
WICHERT INSURANCE SERVICESCuyahoga Falls, OH2 
O'NEILL INSURANCE AGENCYWadsworth, OH1 
OHIO HEALTH BENEFITSTallmadge, OH0 
MCMICHAEL INSURANCE AGENCYStreetsboro, OH0 
CHURCHWELL FIRE CONSULTANTSHudson, OH0 
ALLEN THOMAS INSURANCE AGENCYMedina, OH0 
LAZOR INSURANCE & FINANCIAL SERVICESMedina, OH0 
ESHBAUGH INSURANCE SVCBarberton, OH0 
APPLIED FINANCIAL CONCEPTSRichfield, OH0 




Future Competition: Ohio Farmers Insurance's Fastest Growing Competitors

These companies are in the same general field as Ohio Farmers Insurance 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)
Ohio Farmers Insurance Competitors