The Business Research Company’s Insurance
Brokers & Agents global market report, covers the year-on-year growth of the global
Insurance Brokers & Agents market historic and forecast growth. It also includes
chapters on the Insurance Brokers & Agents market trends, geographical
analysis, and competitive landscape.
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the report at:
The global insurance brokers and agents market
size is expected to reach above $500 billion by 2022, significantly growing at
a CAGR of around 5.6% during the forecast period.
Insurance
Brokers & Agents Market Trends
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, 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.
Entrance
of non-traditional firms in the insurance brokers and agents market,
significant growth opportunities for Bancassurance, increasing mergers and
acquisitions, are the major trends witnessed in the global insurance brokers
and agents market.
The global Insurance Brokers
& Agents market
is primarily driven by rise in disposable income, growing population, increasing
number of online channels, and launch of innovative products and rising
awareness of the investments market.
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a sample of the report:
The global Insurance Brokers
& Agents market
report covers the following regions under the geographical analysis section:
Asia Pacific, Western Europe, North America, Middle East, Africa, South
America, and Eastern Europe. Major countries under each of these regions are
also covered under the country analysis chapters.
With increase increasing government
initiatives, improved earning capacity, emerging markets growth, the global Insurance
Brokers & Agents market is expected to increase in potential and scope.
TBRC’s report also covers the Insurance Brokers & Agents drivers and restraints
in the market.
The global Insurance Brokers
& Agents market’s
segment shares in each geographic region are mentioned in the report, along
with the historic and forecast growth rates for each segment presented visually
with supporting reasons to justify the growth rates.
The top companies included in the global Insurance
Brokers & Agents market report are Marsh & McLennan Cos Inc, Willis Towers Watson PLC, Aon PLC,
Arthur J Gallagher & Co, Brown
& Brown Inc.
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researchers in 15 countries globally.
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