Global Insurance Brokerage Market 2018-2022
About Insurance Brokerage
Insurance brokerage encompasses insurance brokerage firms, insurance brokers or agents, and brokerage fees. A brokerage fee is paid to a broker or an agent for executing a transaction for a client on behalf of an insurer or an insurance brokerage firm.
Technavio’s analysts forecast Global Insurance Brokerage market to grow at a CAGR of 4.69% from 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Insurance Brokerage market for the period 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Insurance Brokerage Market 2018-2022.
Technavio recognizes the following companies as the key players in the Global Insurance Brokerage market for 2018-2022: Aon, Brown & Brown Insurance, Arthur J. Gallagher & Co., MARSH & MCLENNAN COMPANIES, Willis Towers Watson
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is the integration of IT and analytics solutions.”
According to the report, one driver in the market is the increasing demand for insurance policies.
Further, the report states that one challenge in the market is the direct purchase of insurance policies by consumers.
Brown & Brown Insurance
Arthur J. Gallagher & Co.
MARSH & MCLENNAN COMPANIES
Willis Towers Watson
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