Insurance Brokerage Market by Insurance Type and Geography - Forecast and Analysis 2020-2024

Insurance Brokerage Market by Insurance Type and Geography - Forecast and Analysis 2020-2024

  • January 2020 •
  • 145 pages •
  • Report ID: 5842284 •
  • Format: PDF
Global Insurance Brokerage Market 2020-2024
The analyst has been monitoring the global insurance brokerage market and it is poised to grow by USD 19.56 bn during 2020-2024, progressing at a CAGR of 6% during the forecast period. Our reports on insurance brokerage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by Increase in the Number of HNWIs in Developing Regions. In addition, industry consolidation through M&A is anticipated to boost the growth of the insurance brokerage market as well.

Market Segmentation
The insurance brokerage market is segmented as below:
Insurance Type
•Life Insurance
•General Insurance

Geographic segmentation
•APAC
•Europe
•MEA
•North America
•South America

Key Trends for insurance brokerage market growth
This study identifies industry consolidation through M&A as the prime reasons driving the insurance brokerage market growth during the next few years.
Prominent vendors in insurance brokerage market
We provide a detailed analysis of around 25 vendors operating in the insurance brokerage market , including some of the vendors such as Aon Plc, Arthur J. Gallagher & Co., Brown & Brown Inc., Hub International Ltd., Lockton Inc., Marsh & McLennan Companies Inc., NFP Corp., Truist Financial Corp., USI Insurance Services and Willis Towers Watson Plc .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.