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Insurance Brokers & Agencies in the US - Industry Market Research Report


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Insurance Brokers & Agencies in the US

The Insurance Brokers and Agencies industry experienced subdued growth over the five years to 2016 due to tempered disposable income levels and delayed purchases of homes and consumer durables. The industry has also faced increased competition from underwriters that provide insurance services directly to clients, threatening revenue growth. Over the five years to 2021, improvements in car sales, homeownership rates and employment levels are all anticipated to drive revenue. In addition, the unemployment rate is expected to decline, increasing demand for property and casualty insurance. However, the industry will continue to face pricing pressures from external competition, such as online carriers.

This industry includes individuals and businesses that primarily act as agents or brokers in selling insurance policies and annuities. Industry participants earn commission income, mostly as a percentage of the premium of insurance policies sold. They also earn some fee income for providing risk management consulting and other value-added services. This industry is only composed of independent brokers and agencies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2016)
    • Table Industry Structure
  • Industry Performance
    • Table Number of motor vehicle registrations
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2016)
    • Table Major market segmentation (2016)
    • Table Business Locations 2016
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Establishments by employment size*
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players
    • Table Aon Corporation (US industry-specific segment) - financial performance*
    • Table Arthur J. Gallagher & Co. (US industry-specific segment) - financial performance*
    • Table Marsh & McLennan Companies Inc. (US industry-specific segment) - financial performance*
    • Table Willis Group Holdings (US industry-specific segment) –financial performance*
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs Growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

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