Connecticut · NAICS 524 · Annual, 2025

Insurance Carriers and Related Activities in Connecticut

Employment, establishments and average pay for NAICS 524 in Connecticut, 2004–2025, from DTG's QCEW-based estimates.

In 2025, Insurance Carriers and Related Activities (NAICS 524) employed about 53,000 people in Connecticut across roughly 2,928 establishments, with average annual pay of $171,340.

Employment in Insurance Carriers and Related Activities in Connecticut declined 5.3% from 2020 to 2025. The industry is 1.9× as concentrated in Connecticut as in the nation as a whole (location quotient 1.86). Average pay in the industry is 88.4% above the all-industries average in Connecticut. Quarterly values, full industry detail and projections to 2036 for Connecticut are included with a free account. County-level detail is part of every paid plan, or one county free for seven days.

  • 53,000Employment, 2025
  • 2,928Establishments
  • $171,340Avg. annual pay
  • 3.1%Share of Connecticut jobs
  • 1.86Location quotient

Employment, 2004 to 2025

Annual average · all ownerships

Employment in Insurance Carriers and Related Activities in Connecticut, 2004–2025Line chart of annual employment from 2004 to 2025, from 65,600 to 53,000.020K40K60K80K20042010201520202025

Annual employment, 2004–2025: 2004 65,600; 2005 65,300; 2006 65,500; 2007 65,300; 2008 65,600; 2009 64,000; 2010 61,000; 2011 59,600; 2012 58,800; 2013 58,200; 2014 56,000; 2015 57,100; 2016 56,800; 2017 58,400; 2018 57,500; 2019 57,000; 2020 55,900; 2021 54,500; 2022 54,200; 2023 53,800; 2024 53,500; 2025 53,000.

Last ten years

Annual · 10 years

YearEmploymentEstab.Avg. annual payChangeSource
202552,9842,928$171,345 1.1%pub.
202453,5502,924$167,000 0.5%pub.
202353,8452,859$158,102 0.6%pub.
202254,1932,740$153,043 0.5%pub.
202154,4582,621$144,550 2.6%pub.
202055,9422,531$142,817 1.9%pub.
201957,0182,527$138,396 0.8%pub.
201857,4552,507$141,419 1.6%pub.
201758,3962,494$133,640 2.8%pub.
201656,8352,532$127,678 0.4%pub.

† Not disclosed in QCEW; DTG estimate.

The full history from 2004 and quarterly values are available with a free account.

Where these numbers come from

Reading these figures

The figures on this page come from one named vintage, stated below, and are annual values for all ownerships combined. Where QCEW withheld a value, the marked figure is an estimate that DTG produced under the constraints of the published record; suppression is a property of QCEW, not of DTG, and a withheld value is marked rather than silently omitted. Two things DTG itself holds back, and says so where it does: an estimate that cannot be given a reliability score is not shown, and average pay is not shown where fewer than three jobs are reported. The row is marked withheld, with the reason in a note beneath the table. The mark is on every row that carries a value: the headline, the yearly history, the subsectors and the other states. An estimated value that rounds below one is shown as less than one, not as zero. Quarterly figures, county figures and projected years are in the app.

How this figure was built

Employment is the average of the three monthly counts in each quarter, averaged across the year, and establishments are averaged across the year the same way. Average annual pay is the year’s total wages divided by that average employment. Each of these is DTG’s value: QCEW’s published figure where QCEW disclosed it, and DTG’s estimate, marked, where it did not. How withheld values are estimated, and what the reliability score beside a figure means, are described on the industry data and disclosure and provenance pages.

Estimated by Data Tactical Group from BLS QCEW, with CES/SAE and projection inputs described in the methodology. Method: Disclosure, Industry.

Notes

Data Tactical Group is an independent company and is not affiliated with or endorsed by any federal agency.

Insurance Carriers and Related Activities in Connecticut, quarterly, at full depth

This page shows annual figures for insurance carriers and related activities in Connecticut. A free account shows every detailed industry beneath it, quarterly, for every state, with projections to ten years. No card.

County figures, file export and the API are on paid plans.