Hays Companies · Minneapolis, MN United States
Company Description
Phone: 612-333-3323
Fax: 612-373-7270
Toll Free: 800-700-3324
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This link will open in a new window Hays Companies helps its customers avoid, or at least manage, risky business. The company is an insurance brokerage offering property/casualty insurance coverage and risk management services. In addition to commercial and personal lines, the firm provides employee benefits planning (group medical and life insurance programs) and retirement planning. Its claims management division specializes in workers' compensation and auto, liability, and property claims. The company also organizes educational events and seminars addressing loss reduction for businesses. To read the full description, subscribe now.
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Key Hays Companies Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $106.0 |
| 2008 Employees | 530 |
Hays Companies Executives
43 executives listed for Hays Companies's Minneapolis, MN location.
| Title | Name & Bio | Contact |
| President and CEO | James Hays | Network |
| CFO | Stephen Lerum | Network |
| Director Information Systems | Sonja McElroy | Network |
Competition
Competitive Landscape for Hays Companies
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Hays Companies Competitors
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