Global and United States Insurance Brokers and Agents Market Report & Forecast 2022-2028
SKU ID : QYR-20646303 | Publishing Date : 01-Apr-2022 | No. of pages : 100
The insurance brokers and agents market is primarily engaged in acting as intermediaries (i.e., agents, brokers) in selling annuities and insurance policies. They represent consumers in insurance transactions. Insurance brokers and agents can be contracted with single or multiple insurance companies as they try to meet different client needs with suitable insurance products. This market excludes the direct selling of insurance products by insurance companies.
Market Analysis and Insights: Global and United States Insurance Brokers and Agents Market
This report focuses on global and United States Insurance Brokers and Agents market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Insurance Brokers and Agents market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Insurance Brokers accounting for % of the Insurance Brokers and Agents global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Enterprise Size, Individual was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Marsh & McLennan Cos. Inc. was the largest company in the insurance brokers and agents market in 2017.
Global Insurance Brokers and Agents Scope and Market Size
Insurance Brokers and Agents market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Insurance Brokers and Agents market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Insurance Brokers and Agents market size by players, by Type and by Enterprise Size, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Insurance Brokers
Insurance Agents
Segment by Enterprise Size
Individual
Small Enterprises (10 to 49 Employees)
Medium-sized Enterprises (50 to 249 Employees)
Large Enterprises (Employ 250 or More People)
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Marsh & McLennan Companies
Aon plc
Arthur J. Gallagher & Co.
Willis Group
Branch Banking and Trust Company
Brown & Brown
HUB International
USI Insurance Services
Lockton
Alliant Insurance Services
NFP
Acrisure
AmWINS Group
Assured Partners
Market Analysis and Insights: Global and United States Insurance Brokers and Agents Market
This report focuses on global and United States Insurance Brokers and Agents market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Insurance Brokers and Agents market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Insurance Brokers accounting for % of the Insurance Brokers and Agents global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Enterprise Size, Individual was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Marsh & McLennan Cos. Inc. was the largest company in the insurance brokers and agents market in 2017.
Global Insurance Brokers and Agents Scope and Market Size
Insurance Brokers and Agents market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Insurance Brokers and Agents market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Insurance Brokers and Agents market size by players, by Type and by Enterprise Size, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Insurance Brokers
Insurance Agents
Segment by Enterprise Size
Individual
Small Enterprises (10 to 49 Employees)
Medium-sized Enterprises (50 to 249 Employees)
Large Enterprises (Employ 250 or More People)
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Marsh & McLennan Companies
Aon plc
Arthur J. Gallagher & Co.
Willis Group
Branch Banking and Trust Company
Brown & Brown
HUB International
USI Insurance Services
Lockton
Alliant Insurance Services
NFP
Acrisure
AmWINS Group
Assured Partners
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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