Chicago, IL · Insurance Agencies
Insurance Agencies in Chicago, by the numbers.
The Census Bureau counted 3,944 insurance agencies and brokerages in the Chicago-Naperville-Elgin, IL-IN Metro Area in 2023, employing 32,453 people with $3.7 billion in annual payroll.
The local market.
Census Bureau, County Business Patterns 2023. Figures cover the whole metro area.
3,944
4th most of 387 US metro areas
32,453
8.2 per business, against 6.3 across all metros
$3.7 billion
$112,505 per employee
90%
of businesses, against 89% across all metros
-3.4%
in the number of businesses (4,083 in 2022)
What the numbers say about Chicago.
- Chicago is one of the ten largest metro markets in the country for insurance agencies and brokerages, 4th of 387.
- Businesses here run larger than average: 8.2 employees each, against 6.3 across all metros.
- Pay runs above the metro average: $112,505 per employee a year, against $93,147.
- The count fell by 139 businesses since 2022.
How VERA helps insurance agencies in Chicago.
The same product everywhere. It prepares the work and waits for your approval before anything goes out.
Quote intake that finishes
VERA replies to every quote request, asks for exactly the details your producers need, and sends a secure link to upload the current policy documents.
Follow up on every quote
Presented quotes are tracked from the day they go out, and VERA drafts a helpful follow-up before the prospect goes quiet.
Renewal outreach, weeks early
From the follow-up dates on each client, VERA drafts renewal review invites with booking times well before the renewal.
Questions
Insurance Agencies in Chicago
How many insurance agencies and brokerages are there in Chicago?
3,944 in the Chicago-Naperville-Elgin, IL-IN Metro Area, according to the Census Bureau's County Business Patterns for 2023. Together they employed 32,453 people and paid $3.7 billion in annual payroll.
Is the Chicago market for insurance agencies growing?
By number of businesses it shrank between 2022 and 2023: from 4,083 to 3,944 (-3.4%).
What does VERA do for insurance agencies in Chicago?
VERA drafts the quotes, invoices, follow-ups and customer messages a Chicago business runs on, and waits for the owner's approval before anything goes out. It is the same software everywhere; this page adds the local numbers.
Insurance Agencies in other markets
Other Chicago markets
Source: U.S. Census Bureau, County Business Patterns 2023 and 2022, metropolitan statistical areas. The Bureau adds a small amount of noise to these figures to protect individual businesses. The category counted is insurance agencies and brokerages, which can be broader or narrower than the trade itself. About the data.
See what VERA can do for your business.
Try it with the built-in demo data, no credit card, no API keys. VERA proposes the work and waits for your approval before it acts.