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Insurance Agencies & Brokeragesin the US Product Image

Insurance Agencies & Brokeragesin the US

  • Published: April 2014
  • Region: United States
  • 10 pages
  • First Research

First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospect's business issues."

Brief Excerpt from Industry Overview Chapter:

Companies in this industry act as agents to sell insurance policies and annuities underwritten by insurance carriers. Major companies include Arthur J Gallagher, Brown & Brown, and Marsh (all based in the US), as well as Aon, Lloyd's of London, and Willis Group (all based in the UK); and CNinsure (China).

The global insurance industry generates about $4 trillion in premium volume each year. Sales of insurance have been highest recently in Latin America, Russia, and the Middle East.

The US insurance agencies and brokerages industry includes about 130,000 establishments (single-location companies and branches of multi-location companies) with annual revenue of about $105 billion.

Many companies that primarily offer insurance products to businesses function READ MORE >

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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