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Insurance Brokers & Agents Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5238073
  • Report
  • January 2021
  • Region: Global
  • 300 pages
  • The Business Research Company
1 of 5

FEATURED COMPANIES

  • Aon PLC
  • Arthur J Gallagher & Co
  • Brown & Brown Inc
  • Marsh & McLennan Cos Inc
  • Willis Towers Watson PLC
  • MORE
Insurance Brokers & Agents Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global insurance brokers & agents market as it emerges from the COVID-19 shut down.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for insurance brokers & agents? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Insurance Brokers & Agents market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider insurance brokers & agents market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The insurance brokers & agents market section of the report gives context. It compares the insurance brokers & agents market with other segments of the insurance(providers, brokers and re-insurers) market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, insurance brokers & agents indicators comparison.
Scope

Markets Covered:
1) By Type: Insurance Agencies; Insurance Brokers; Bancassurance; Other Intermediaries
2) By End User: Corporate; Individual
3) By Mode: Online; Offline
4) By Insurance: Life Insurance; Property & Casualty Insurance; Health & Medical Insurance

Companies Mentioned: Marsh & McLennan Cos Inc; Willis Towers Watson PLC; Aon PLC; Arthur J Gallagher & Co; Brown & Brown Inc

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, insurance brokers & agents indicators comparison.

Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Aon PLC
  • Arthur J Gallagher & Co
  • Brown & Brown Inc
  • Marsh & McLennan Cos Inc
  • Willis Towers Watson PLC
  • MORE
1. Executive Summary

2. Report Structure

3. Insurance Brokers & Agents Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Insurance Brokers & Agents Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Insurance Brokers & Agents Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Insurance Brokers & Agents Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Insurance Brokers & Agents Market Trends and Strategies

8. Impact of COVID-19 on Insurance Brokers & Agents

9. Insurance Brokers & Agents Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market

10. Insurance Brokers & Agents Market Regional Analysis
10.1. Global Insurance Brokers & Agents Market, 2020, by Region, Value ($ Billion)
10.2. Global Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Insurance Brokers & Agents Market, Growth and Market Share Comparison, by Region

11. Insurance Brokers & Agents Market Segmentation
11.1. Global Insurance Brokers & Agents Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Insurance Agencies
  • Insurance Brokers
  • Bancassurance
  • Other Intermediaries
11.2. Global Insurance Brokers & Agents Market, Segmentation by End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Corporate
  • Individual
11.3. Global Insurance Brokers & Agents Market, Segmentation by Mode, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Online
  • Offline
11.4. Global Insurance Brokers & Agents Market, Segmentation by Insurance, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Life Insurance
  • Property & Casualty Insurance
  • Health & Medical Insurance
12. Insurance Brokers & Agents Market Metrics
12.1. Insurance Brokers & Agents Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Insurance Brokers & Agents Market Expenditure, 2015-2025, Global

13. Asia-Pacific Insurance Brokers & Agents Market
13.1. Asia-Pacific Insurance Brokers & Agents Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
13.2. Asia-Pacific, Insurance Brokers & Agents Market, 2020, by Country, Value ($ Billion)
13.3. Asia-Pacific, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
13.4. Asia-Pacific, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
13.5. Asia-Pacific, Insurance Brokers & Agents Market Metrics
13.5.1. Per Capita Average Insurance Brokers & Agents Expenditure, 2015-2025, Asia-Pacific Countries
13.5.2. Number of Enterprises, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Enterprises, 2020, Asia-Pacific Countries
13.5.3. Number of Employees, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Employees, 2020, Asia-Pacific Countries
13.6. Asia-Pacific Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7. Asia-Pacific Insurance Brokers & Agents Market: Country Analysis
13.7.1. China Insurance Brokers & Agents Market
13.7.1.1. China Insurance Brokers & Agents Market Overview
13.7.1.2. China Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.1.3. China Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.2. Australia Insurance Brokers & Agents Market
13.7.2.1. Australia Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.2.2. Australia Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.3. Hong Kong Insurance Brokers & Agents Market
13.7.3.1. Hong Kong Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.4. India Insurance Brokers & Agents Market
13.7.4.1. India Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.4.2. India Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.5. Indonesia Insurance Brokers & Agents Market
13.7.5.1. Indonesia Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.5.2. Indonesia Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.6. Japan Insurance Brokers & Agents Market
13.7.6.1. Japan Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.6.2. Japan Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.7. Malaysia Insurance Brokers & Agents Market
13.7.7.1. Malaysia Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.8. New Zealand Insurance Brokers & Agents Market
13.7.8.1. New Zealand Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.9. Philippines Insurance Brokers & Agents Market
13.7.9.1. Philippines Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.10. Singapore Insurance Brokers & Agents Market
13.7.10.1. Singapore Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.11. South Korea Insurance Brokers & Agents Market
13.7.11.1. South Korea Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.11.2. South Korea Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.12. Thailand Insurance Brokers & Agents Market
13.7.12.1. Thailand Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.13. Vietnam Insurance Brokers & Agents Market
13.7.13.1. Vietnam Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

14. Western Europe Insurance Brokers & Agents Market
14.1. Western Europe Insurance Brokers & Agents Market Overview
14.2. Western Europe, Insurance Brokers & Agents Market, 2020, by Country, Value ($ Billion)
14.3. Western Europe, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
14.4. Western Europe, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
14.5. Western Europe, Insurance Brokers & Agents Market Metrics
14.5.1. Per Capita Average Insurance Brokers & Agents Expenditure, 2015-2025, Western Europe Countries
14.5.2. Number of Enterprises, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Enterprises, 2020, Western Europe Countries
14.5.3. Number of Employees, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Employees, 2020, Western Europe Countries
14.6. Western Europe Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Western Europe Insurance Brokers & Agents Market: Country Analysis
14.7.1. Austria Insurance Brokers & Agents Market
14.7.1.1. Austria Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Belgium Insurance Brokers & Agents Market
14.7.2.1. Belgium Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Denmark Insurance Brokers & Agents Market
14.7.3.1. Denmark Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. Finland Insurance Brokers & Agents Market
14.7.4.1. Finland Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. France Insurance Brokers & Agents Market
14.7.5.1. France Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5.2. France Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Germany Insurance Brokers & Agents Market
14.7.6.1. Germany Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6.2. Germany Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Ireland Insurance Brokers & Agents Market
14.7.7.1. Ireland Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. Italy Insurance Brokers & Agents Market
14.7.8.1. Italy Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Netherlands Insurance Brokers & Agents Market
14.7.9.1. Netherlands Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Norway Insurance Brokers & Agents Market
14.7.10.1. Norway Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. Portugal Insurance Brokers & Agents Market
14.7.11.1. Portugal Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Spain Insurance Brokers & Agents Market
14.7.12.1. Spain Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Sweden Insurance Brokers & Agents Market
14.7.13.1. Sweden Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.14. Switzerland Insurance Brokers & Agents Market
14.7.14.1. Switzerland Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.15. UK Insurance Brokers & Agents Market
14.7.15.1. UK Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.15.2. UK Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

15. Eastern Europe Insurance Brokers & Agents Market
15.1. Eastern Europe Insurance Brokers & Agents Market Overview
15.2. Eastern Europe, Insurance Brokers & Agents Market, 2020, by Country, Value ($ Billion)
15.3. Eastern Europe, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
15.4. Eastern Europe, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
15.5. Eastern Europe, Insurance Brokers & Agents Market Metrics
15.5.1. Per Capita Average Insurance Brokers & Agents Expenditure, 2015-2025, Eastern Europe Countries
15.5.2. Number of Enterprises, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Enterprises, 2020, Eastern Europe Countries
15.5.3. Number of Employees, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Employees, 2020, Eastern Europe Countries
15.6. Eastern Europe Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Eastern Europe Insurance Brokers & Agents Market: Country Analysis
15.7.1. Czech Republic Insurance Brokers & Agents Market,
15.7.1.1. Czech Republic Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Poland Insurance Brokers & Agents Market
15.7.2.1. Poland Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Romania Insurance Brokers & Agents Market
15.7.3.1. Romania Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Russia Insurance Brokers & Agents Market
15.7.4.1. Russia Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4.2. Russia Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

16. North America Insurance Brokers & Agents Market
16.1. North America Insurance Brokers & Agents Market Overview
16.2. North America, Insurance Brokers & Agents Market, 2020, by Country, Value ($ Billion)
16.3. North America, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
16.4. North America, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
16.5. North America, Insurance Brokers & Agents Market Metrics
16.5.1. Per Capita Average Insurance Brokers & Agents Expenditure, 2015-2025, North America Countries
16.5.2. Number of Enterprises, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Enterprises, 2020, North America Countries
16.5.3. Number of Employees, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Employees, 2020, North America Countries
16.6. North America Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. North America Insurance Brokers & Agents Market: Country Analysis
16.7.1. Canada Insurance Brokers & Agents Market
16.7.1.1. Canada Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Mexico Insurance Brokers & Agents Market
16.7.2.1. Mexico Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. USA Insurance Brokers & Agents Market
16.7.3.1. USA Insurance Brokers & Agents Market Overview
16.7.3.2. USA Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3.3. USA Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

17. South America Insurance Brokers & Agents Market
17.1. South America Insurance Brokers & Agents Market Overview
17.2. South America, Insurance Brokers & Agents Market, 2020, by Country, Value ($ Billion)
17.3. South America, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
17.4. South America, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
17.5. South America, Insurance Brokers & Agents Market Metrics
17.5.1. Per Capita Average Insurance Brokers & Agents Expenditure, 2015-2025, South America Countries
17.5.2. Number of Enterprises, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Enterprises, 2020, South America Countries
17.5.3. Number of Employees, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Employees, 2020, South America Countries
17.6. South America Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. South America Insurance Brokers & Agents Market: Country Analysis
17.7.1. Argentina Insurance Brokers & Agents Market
17.7.1.1. Argentina Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Brazil Insurance Brokers & Agents Market
17.7.1.1. Brazil Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2.2. Brazil Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. Chile Insurance Brokers & Agents Market
17.7.3.1. Chile Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.4. Colombia Insurance Brokers & Agents Market
17.7.4.1. Colombia Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.5. Peru Insurance Brokers & Agents Market
17.7.5.1. Peru Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.6. Venezuela Insurance Brokers & Agents Market
17.7.6.1. Venezuela Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

18. Middle East Insurance Brokers & Agents Market
18.1. Middle East Insurance Brokers & Agents Market Overview
18.2. Middle East, Insurance Brokers & Agents Market, 2020, by Country, Value ($ Billion)
18.3. Middle East, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
18.4. Middle East, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
18.5. Middle East, Insurance Brokers & Agents Market Metrics
18.5.1. Per Capita Average Insurance Brokers & Agents Expenditure, 2015-2025, Middle East Countries
18.5.2. Number of Enterprises, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Enterprises, 2020, Middle East Countries
18.5.3. Number of Employees, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Employees, 2020, Middle East Countries
18.6. Middle East Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. Middle East Insurance Brokers & Agents Market: Country Analysis
18.7.1. Saudi Arabia Insurance Brokers & Agents Market
18.7.1.1. Saudi Arabia Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Israel Insurance Brokers & Agents Market
18.7.2.1. Israel Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Turkey Insurance Brokers & Agents Market
18.7.3.1. Turkey Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. UAE Insurance Brokers & Agents Market
18.7.4.1. UAE Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

19. Africa Insurance Brokers & Agents Market
19.1. Africa Insurance Brokers & Agents Market Overview
19.2. Africa, Insurance Brokers & Agents Market, 2020, by Country, Value ($ Billion)
19.3. Africa, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
19.4. Africa, Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
19.5. Africa, Insurance Brokers & Agents Market Metrics
19.5.1. Per Capita Average Insurance Brokers & Agents Expenditure, 2015-2025, Africa Countries
19.5.2. Number of Enterprises, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Enterprises, 2020, Africa Countries
19.5.3. Number of Employees, Insurance Brokers & Agents Market, Insurance Brokers & Agents Market/Number of Employees, 2020, Africa Countries
19.6. Africa Insurance Brokers & Agents Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Africa Insurance Brokers & Agents Market: Country Analysis
19.7.1. Egypt Insurance Brokers & Agents Market
19.7.1.1. Egypt Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Nigeria Insurance Brokers & Agents Market
19.7.2.1. Nigeria Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. South Africa Insurance Brokers & Agents Market
19.7.3.1. South Africa Insurance Brokers & Agents Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

20. Insurance Brokers & Agents Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. Marsh & McLennan Cos Inc
20.3.1.1. Company Overview
20.3.1.2. Products and Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. Willis Towers Watson PLC
20.3.2.1. Company Overview
20.3.2.2. Products and Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. Aon PLC
20.3.3.1. Company Overview
20.3.3.2. Products and Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4. Arthur J Gallagher & Co
20.3.4.1. Company Overview
20.3.4.2. Products and Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
20.3.5. Brown & Brown Inc
20.3.5.1. Company Overview
20.3.5.2. Products and Services
20.3.5.3. Strategy
20.3.5.4. Financial Performance

21. Key Mergers and Acquisitions in the Insurance Brokers & Agents Market

22. Market Background: Insurance(Providers, Brokers and Re-Insurers) Market
22.1. Insurance(Providers, Brokers and Re-Insurers) Market Characteristics
22.2. Insurance(Providers, Brokers and Re-Insurers) Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global
22.3. Global Insurance(Providers, Brokers and Re-Insurers) Market, 2020, by Region, Value ($ Billion)
22.4. Global Insurance(Providers, Brokers and Re-Insurers) Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
22.5. Global Insurance(Providers, Brokers and Re-Insurers) Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion)

23. Recommendations
23.1. Global Insurance Brokers & Agents Market in 2025- Growth Countries
23.2. Global Insurance Brokers & Agents Market in 2025- Growth Segments
23.3. Global Insurance Brokers & Agents Market in 2025- Growth Strategies

24. Appendix
24.1. NAICS Definitions of Industry Covered in This Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. About the Publisher

25. Copyright and Disclaimer
Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • Aon PLC
  • Arthur J Gallagher & Co
  • Brown & Brown Inc
  • Marsh & McLennan Cos Inc
  • Willis Towers Watson PLC
  • MORE
Major companies in the insurance brokers and agents market include Marsh & McLennan Cos Inc; Willis Towers Watson PLC; Aon PLC; Arthur J Gallagher & Co and Brown & Brown Inc.

The global insurance brokers & agents market is expected to grow from $350. 24 billion in 2020 to $362. 54 billion in 2021 at a compound annual growth rate (CAGR) of 3. 5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $457. 31 billion in 2025 at a CAGR of 6%.

The insurance brokers and agents market consists of sales of insurance policies by entities (organizations, sole traders and partnerships) and individuals that act as intermediaries (i. e. , agents or brokers) in selling annuities and insurance policies. They represent consumers or insurance providers or both in insurance premium collection. Insurance brokers and agents can be contracted with single or multiple insurance companies as they try to meet different client needs with available insurance products. This market excludes the direct selling of insurance products by insurance companies. The value of the market is based on the fees or commissions paid to brokers by the insured, both commercial and personal. The insurance brokers and agents market is segmented into insurance agencies; insurance brokers; bancassurance and other intermediaries.

North America was the largest region in the global insurance brokers & agents market, accounting for 44% of the market in 2020. Western Europe was the second largest region accounting for 31% of the global insurance brokers & agents market. Eastern Europe was the smallest region in the global insurance brokers & agents market.

Nontraditional companies such as Google, Amazon and Walmart are entering the insurance intermediary market to capitalize on their brand image, large capital and customer base. Their primary focus is on distribution of health, property and casualty insurance products. in line with this trend, these companies are also entering into partnerships, joint ventures and alliances with other established insurance carriers to offer insurance products and services to their customers. For instance, Magma Fincorp and HDI-Gerling came together to form a joint venture in 2015. According to a 2018 report by RISKHEADS. org, a blog offering information on software products for the software industry ,Verily formerly known as Google Life Sciences is expected to enter the health insurance industry. These collaborations have enabled new entrants to acquire market knowledge and understand the industry dynamics.

Insurance brokers and agents are investing in digital technologies to offer services online and thereby increase sales and boost margins. Digitalization is a process of converting information into digital formats. This includes providing tools and resources to agents and brokers in digital formats through insurance portals, exchange websites and digital distribution channels. These web-based portals and other digital channels are aimed at improving efficiency in business processing and reduction of costs. For instance, according to insurance digital transformation survey, 39% of agents provide web-based portals to allow customers to request policy changes, check policy information and payments, report claims, obtain insurance ID cards, and get insurance certificates, and, 78% of them are increasingly using social media to acquire new customers on Facebook and 68% through LinkedIn. Some of the major insurance companies offering insurance portals and digital distribution channels are Marsh & McLennan Cos. Inc, Willis Towers Watson P. L. C and Aon P. L. C.
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  • Marsh & McLennan Cos Inc
  • Willis Towers Watson PLC
  • Aon PLC
  • Arthur J Gallagher & Co
  • Brown & Brown Inc
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