Insurance Brokers in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The insurance brokers market is valued in relation to the total brokerage revenue of General Insurance and Life Insurance & Pension.
- The Australian insurance brokers sector had total revenues of $0.1bn in 2020, representing a compound annual rate of change (CARC) of -5% between 2016 and 2020.
- The general insurance segment was the sector's most lucrative in 2020, with total revenues of $0.1bn, equivalent to 68.7% of the sector's overall value.
- The value of the Australian insurance brokers sector declined by 4.2% in 2020, as a result of the COVID-19 pandemic, which reduced demand for insurance products.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance brokers market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance brokers market in Australia
- Leading company profiles reveal details of key insurance brokers market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia insurance brokers market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Australia insurance brokers market by value in 2020?
- What will be the size of the Australia insurance brokers market in 2025?
- What factors are affecting the strength of competition in the Australia insurance brokers market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's insurance brokers market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Marsh & McLennan Companies Asia-Pacific
- Aon Plc
- Arthur J. Gallagher & Co (Aus) Limited.
- MGA Insurance Brokers Pty Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 41 |
| Published | October 2021 |
| Forecast Period | 2020 - 2025 |
| Estimated Market Value ( USD | $ 77.03 Billion |
| Forecasted Market Value ( USD | $ 97.46 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Australia |
