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Insurance Brokers and Agent Market

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a year ago

Insurance Brokers & Agents Global Market Opportunities And Strategies To 2030: COVID-19 Impact and Recovery Including: 1) By Type: Insurance Agencies; Insurance Brokers; Bancassurance; Other Intermediaries 2) By Mode: Online; Offline 3) By Insurance: Life Insurance; Property & Casualty Insurance; Health & Medical Insurance 4) By End-User: Individual; Corporate Covering: Marsh & McLennan Cos Inc.; Aon PLC; Arthur J Gallagher & Co.; Willis Towers Watson PLC; Brown & Brown Inc.

Insurance Brokers & Agents Global Market Opportunities And Strategies To 2030: COVID-19 Impact And Recovery from The Business Research Company 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.

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a year ago

Insurance Brokers And Agent Global Market Opportunities And Strategies To 2031

Insurance Brokers Global Market Opportunities And Strategies To 2031 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global insurance brokers market as it emerges from the COVID-19 shut down.

 

 

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Insurance Brokers and Agent Market

An insurance broker is an individual or firm that arranges contracts of insurance on behalf of their clients. Insurance brokers work with a variety of different types of insurance, such as property and casualty, life, health, and long-term care insurance. An insurance agent is an individual who sells insurance on behalf of an insurer. Insurance agents represent insurers in the sale of their products and are typically paid a commission for their services.

 

The insurance brokers and agents market is estimated to be $ XX  trillion in 2020 and is expected to grow at a CAGR of XX % during the forecast period (2019–2031).


One trend that is particularly worth noting is the shift toward online insurance shopping. More and more consumers are beginning to realize that they can save time and money by comparing rates and policies online without going through a traditional broker or agent.


The key players in this market are Aon plc, Marsh & McLennan Companies, Inc., Willis Towers Watson plc, Jardine Lloyd Thompson Group plc, Hub International Limited, Arthur J. Gallagher & Co., Brown & Brown, Inc., Howden Insurance Brokers Limited, and Zurich Insurance Group Ltd.

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