Employers with more than 2,500 workers accounted for the largest mix of voluntary insurance sales in 2011 with almost one-third of total voluntary profit, new research shows.
Findings come from Eastbridge Consulting Group's second yearly report that examines state-by-state sales and in-force data and provides two measures that relate the data to the number of employed Americans in each state.
The report reveals that estimated sales in 2011 among employers with 2,500-plus employees totaled $1.75 billion. Rounding out the top five largest market segments are employers with 100-499 employees with $1.1 billion; 26-99 employees with $781 million; 1,000-2,500 employees with $662 million and 500-999 employees with $587 million.
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