Press release
2022 Insurance Brokers And Agents Market Growth, Segmentation, Industry Analysis, Top Key Players | Marsh & McLennan, Chubb Limited, Toyota Motor Corp, Arthur J. Gallagher & Co., Bank of China
Insurance Brokers & Agents Market
The regions covered in the insurance brokers and agents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest insurance brokers and agents market share.
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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.
Key competitors in the insurance brokers and agents market include Marsh & McLennan, Chubb Limited, Toyota Motor Corp, Arthur J. Gallagher & Co., Bank of China, Hub international, Willis Towers Watson, Brown & Brown, BB&T Insurance Holdings Inc, and Jardine Matheson.
The global insurance brokers and agents market size is expected to grow from $374.2 billion in 2021 to $409.15 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The global insurance broker and agent market size is expected to grow to $551.88 billion in 2026 at a CAGR of 7.8%.
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TBRC's report segments the global insurance brokers and agents market:
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 and Casualty Insurance, Health and Medical Insurance
Read Further On The Insurance Brokers And Agents Market Here:
https://www.thebusinessresearchcompany.com/report/insurance-brokers-and-agents-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Insurance Brokers & Agents Market Characteristics
4. Insurance Brokers & Agents Market Product Analysis
5. Insurance Brokers & Agents Market Supply Chain
.....
22. Market Background: Insurance(Providers, Brokers and Re-Insurers) Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
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