Number of people employed in the U.S. insurance industry, 2020: 2.9 million
Number of those who worked for insurance agencies and brokerages: 1.2 million
Number who worked for insurance companies: 1.7 million
Number of U.S. insurance companies, 2020: 5,929
Number of those that sell Property & Casualty insurance: 2,476
National median annual wage for insurance agent: $52,180
Average age of an insurance agent: 45
Percentage of insurance workforce over the age of 45: 48%
Number of insurance industry employees expected to retire by 2025: 400,000
Number of insurance industry employees expected to retire in the next decade: 1 million
U.S. net written premium value in 2020: $1.28 trillion
Percentage of those premiums recorded by Property & Casualty insurers: 51%
Annual average revenue of global insurance industry, 2020: $5.5 trillion