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Workers' Compensation & Other Insurance Funds in the US - Industry Market Research Report

Workers' Compensation & Other Insurance Funds in the US

The Workers' Compensation and Other Insurance Funds industry is pivotal in providing workers' compensation, medical liability and other property and casualty (P&C) insurance. This industry comprises legal entities (i.e. funds), except pensions and health and welfare-related employee benefit funds, organized to provide insurance exclusively for the fund's sponsor, firm or its employees or members. Funds are generally established by state governments, industry associations, unions and large companies. The previous five-year period marked the start of a hardening cycle within the broader insurance sector, which is characterized by increasing premium prices and profit margins. The industry benefited from this cycle despite the continued privatization of state workers' compensation systems and greater competition from P&C insurers. The overall rate of employment in the United States has been one reason for increased demand for industry services. In line with this recent growth, IBISWorld expects the industry to continue to grow over the five years to 2023. Employment is expected to remain stable during the period, which should enable industry operators to achieve constant underwriting premiums.

This industry comprises legal entities (i.e. funds), except pensions and health and welfare-related employee benefit funds, organized to provide insurance exclusively for the fund’s sponsor, firm or its employees or members. Funds are generally established by state governments, industry associations, unions and large companies. Mutual insurance companies are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Number of employees
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players
    • Table New York State Insurance Fund (US industry-specific segment) - financial performance
    • Table Washington State Department of Labor & Industries (US industry-specific segment) - financial performance*
    • Table Ohio Bureau of Workers' Compensation (US industry-specific segment) - financial performance
    • Table State Compensation Insurance Fund (US industry-specific segment) - financial performance
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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