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Global Insurance Brokers

Publisher MarketLine
Published Dec 25, 2025
Length 50 Pages
SKU # MTLN21020740

Description

Global>Insurance>Brokers

Summary

>Global>Insurance>Brokers>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>share,>market>size>(value>and>volume>2019-24,>and>forecast>to>2029).>The>profile>also>contains>descriptions>of>the>leading>players>including>key>financial>metrics>and>analysis>of>competitive>pressures>within>the>market.

Key>Highlights
  • An>insurance>broker>refers>to>an>individual>or>corporate>firm>selling>insurance>policies.>An>insurance>broker>represents>the>insurance>policy>holder>with>the>insurance>transactions,>unlike>an>insurance>agent,>who>represents>the>insurance>company.>The>insurance>broker>also>acts>as>an>advisor>to>the>insurance>policy>holder>on>which>insurance>policy>suits>him>the>best.>Market>value>is>calculated>by>multiplying>the>insurance>broker's>share>by>the>total>insurance>premium>in>the>relevant>market>segment.
  • The>global>insurance>brokers>sector>recorded>revenues>of>$1,993.6>billion>in>2024,>representing>a>compound>annual>growth>rate>(CAGR)>of>7.2%>between>2019>and>2024.
  • The>life>insurance>and>pension>segment>accounted>for>the>sector's>largest>proportion>in>2024,>with>total>revenues>of>$1,018.0>billion,>equivalent>to>51.1%>of>the>sector's>overall>value.
  • In>2024,>North>America>held>the>largest>share>of>the>global>insurance>brokers>sector>at>74.3%,>followed>by>Europe>at>17.0%,>Asia-Pacific>at>6.2%,>the>Middle>East>&>Africa>at>1.9%,>and>South>America>at>0.5%.
Scope
  • Save>time>carrying>out>entry-level>research>by>identifying>the>size,>growth,>major>segments,>and>leading>players>in>the>insurance>brokers>market>in>the>global
  • Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>global>insurance>brokers>market
  • Leading>company>profiles>reveal>details>of>key>insurance>brokers>market>players’>global>operations>and>financial>performance
  • Add>weight>to>presentations>and>pitches>by>understanding>the>future>growth>prospects>of>the>Global>insurance>brokers>market>with>five>year>forecasts>by>both>value>and>volume
Reasons>to>Buy
  • What>was>the>size>of>the>Global>insurance>brokers>market>by>value>in>2024?
  • What>will>be>the>size>of>the>Global>insurance>brokers>market>in>2029?
  • What>factors>are>affecting>the>strength>of>competition>in>the>Global>insurance>brokers>market?
  • How>has>the>market>performed>over>the>last>five>years?
  • Who>are>the>top>competitors>in>the>global's>insurance>brokers>market?

Table of Contents

50 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the recent developments in the sector?
8 Company Profiles
8.1. Marsh & McLennan Companies Inc
8.2. Aon Plc
8.3. Willis Towers Watson PLC
8.4. Arthur J. Gallagher & Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Global insurance brokers sector value: $ million, 2019-24
Table 2: Global insurance brokers sector category segmentation: % share, by value, 2019-24
Table 3: Global insurance brokers sector category segmentation: $ million, 2019-24
Table 4: Global insurance brokers sector geography segmentation: $ million, 2024
Table 5: Global insurance brokers sector value forecast: $ million, 2024-29
Table 6: Marsh & McLennan Companies Inc: Key Facts
Table 7: Marsh & McLennan Companies Inc: Annual Financial Ratios
Table 8: Marsh & McLennan Companies Inc: Key Employees
Table 9: Aon Plc: Key Facts
Table 10: Aon Plc: Annual Financial Ratios
Table 11: Aon Plc: Key Employees
Table 12: Aon Plc: Key Employees Continued
Table 13: Aon Plc: Key Employees Continued
Table 14: Aon Plc: Key Employees Continued
Table 15: Willis Towers Watson PLC: Key Facts
Table 16: Willis Towers Watson PLC: Annual Financial Ratios
Table 17: Willis Towers Watson PLC: Key Employees
Table 18: Willis Towers Watson PLC: Key Employees Continued
Table 19: Willis Towers Watson PLC: Key Employees Continued
Table 20: Willis Towers Watson PLC: Key Employees Continued
Table 21: Arthur J. Gallagher & Co: Key Facts
Table 22: Arthur J. Gallagher & Co: Annual Financial Ratios
Table 23: Arthur J. Gallagher & Co: Key Employees
Table 24: Global Exchange Rate, 2019-24
List of Figures
Figure 1: Global insurance brokers sector value: $ million, 2019-24
Figure 2: Global insurance brokers sector category segmentation: $ million, 2019-24
Figure 3: Global insurance brokers sector geography segmentation: % share, by value, 2024
Figure 4: Global insurance brokers sector value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the global insurance brokers sector, 2024
Figure 6: Drivers of buyer power in the global insurance brokers sector, 2024
Figure 7: Drivers of supplier power in the global insurance brokers sector, 2024
Figure 8: Factors influencing the likelihood of new entrants in the global insurance brokers sector, 2024
Figure 9: Factors influencing the threat of substitutes in the global insurance brokers sector, 2024
Figure 10: Drivers of degree of rivalry in the global insurance brokers sector, 2024

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