Veracity Benefits Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Veracity Benefits

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Veracity Benefits Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	5241 Insurance Carriers
Address	1701 Barrett Lakes Blvd Suite 240 Kennesaw, GA 30144

Note: Revenues for privately held companies are statistical evaluations.


Veracity Benefits's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Veracity Benefits's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Veracity Benefits is classified as operating in the Insurance Carriers industry, NAICS Code 5241.

Veracity Benefits Annual Revenue and Growth Rate

Veracity Benefits	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

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

Note: Veracity Benefits's revenues are gauged from an analysis of company filings.

Veracity Benefits's Income Statement (based on Industry Averages)

Veracity Benefits 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 Veracity Benefits is developing and marketing. Veracity Benefits doesn't have any recent trademark applications, indicating Veracity Benefits 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

VERACITYRX Financial analysis and information services in the areas of employee benefits, focusing on health plan costs and administration of medical and pharmacy benefits; financial consulting in the areas of pharmacy and health plan management; employee benefit services, namely, reinsurance consulting services, financial analysis services, financial risk management services, advisory services on claims administration and stop loss insurance; consultation relating to pharmacy benefit plans; consulting in the field of the administration of employee health care benefit plans and employee welfare benefits plans with a focus on medical and pharmacy costs and administration; pharmacy benefit management consulting services; advisory services and consultancy regarding healthcare benefits and pharmacy benefits; provision of information and analysis in the fields of healthcare benefits and pharmacy benefits; pharmacy benefit management services, namely, tracking, monitoring, assessing and analyzing information and statistics regarding patient prescription drug use and healthcare habits, and providing a predictive model to determine patients' future prescription drug and healthcare habits, all to identify potential cost savings and for clinical benefits; reviewing and consulting on the financial aspects of pharmacy benefit management contracts for health care plans

07/29/2020

See all trademarks and details in the Full Report.

Market Share of Veracity Benefits's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
VERACITY BENEFITS	Kennesaw, GA	100
HDINS	Cartersville, GA	54
COMPTRUST AGC MUTUAL CAPTIVE INSURANCE	Kennesaw, GA	50
THOMAS DUDEK INSURANCE AGENCY	Acworth, GA	35
ELEVATED TITLE	Kennesaw, GA	33
BARRY NASH INSURANCE AGCY	Acworth, GA	24

Future Competition: Veracity Benefits's Fastest Growing Competitors

These companies are in the same general field as Veracity Benefits 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)