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Insurance Brokers in North America

Insurance Brokers in North America

Summary

Insurance Brokers in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the North America insurance brokers market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

  • The insurance brokers sector is valued in relation to the total brokerage revenue of non-life insurance and reinsurance brokerage firms. All currency conversions have been carried out at constant annual average 2016 exchange rates.
  • The North American insurance brokers sector had total revenues of $29,659.9m in 2016, representing a compound annual growth rate (CAGR) of 8.8% between 2012 and 2016.
  • The primary insurance segment was the sector's most lucrative in 2016, with total revenues of $28,679.9m, equivalent to 96.7% of the sector's overall value. The Reinsurance segment contributed revenues of $980.0m in 2016, equating to 3.3% of the sector's aggregate value.
  • All countries within this region recorded impressive growth rates, but as the US accounts for almost 89% of the North American sector, the latter is entirely dependent on it. The Mexican sector has a greater room for expansion, as insurance penetration in the country is still low. Furthermore, a decelerating growth trend, mostly evident in the US and Canada is consistent with a mature marketplace which is growing at a likewise trend with population growth that also decelerates in these countries.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance brokers market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance brokers market in North America
  • 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 North America insurance brokers market with five year forecasts
Reasons to buy
  • What was the size of the North America insurance brokers market by value in 2016?
  • What will be the size of the North America insurance brokers market in 2021?
  • What factors are affecting the strength of competition in the North America insurance brokers market?
  • How has the market performed over the last five years?
  • What are the main segments that make up North America's insurance brokers market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Aon plc
Arthur J. Gallagher & Co.
Marsh & McLennan Companies, Inc.
Willis Towers Watson Public Limited Company
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: North America insurance brokers sector value: $ billion, 2012–16
Table 2: North America insurance brokers sector category segmentation: $ billion, 2016
Table 3: North America insurance brokers sector geography segmentation: $ billion, 2016
Table 4: North America insurance brokers sector value forecast: $ billion, 2016–21
Table 5: Aon plc: key facts
Table 6: Aon plc: key financials ($)
Table 7: Aon plc: key financial ratios
Table 8: Arthur J. Gallagher & Co.: key facts
Table 9: Arthur J. Gallagher & Co.: key financials ($)
Table 10: Arthur J. Gallagher & Co.: key financial ratios
Table 11: Marsh & McLennan Companies, Inc.: key facts
Table 12: Marsh & McLennan Companies, Inc.: key financials ($)
Table 13: Marsh & McLennan Companies, Inc.: key financials (€)
Table 14: Marsh & McLennan Companies, Inc.: key financial ratios
Table 15: Willis Towers Watson Public Limited Company: key facts
Table 16: Willis Towers Watson Public Limited Company: key financials ($)
Table 17: Willis Towers Watson Public Limited Company: key financial ratios
List of Figures
Figure 1: North America insurance brokers sector value: $ billion, 2012–16
Figure 2: North America insurance brokers sector category segmentation: % share, by value, 2016
Figure 3: North America insurance brokers sector geography segmentation: % share, by value, 2016
Figure 4: North America insurance brokers sector value forecast: $ billion, 2016–21
Figure 5: Forces driving competition in the insurance brokers sector in North America, 2016
Figure 6: Drivers of buyer power in the insurance brokers sector in North America, 2016
Figure 7: Drivers of supplier power in the insurance brokers sector in North America, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in North America, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in North America, 2016
Figure 10: Drivers of degree of rivalry in the insurance brokers sector in North America, 2016
Figure 11: Aon plc: revenues & profitability
Figure 12: Aon plc: assets & liabilities
Figure 13: Arthur J. Gallagher & Co.: revenues & profitability
Figure 14: Arthur J. Gallagher & Co.: assets & liabilities
Figure 15: Marsh & McLennan Companies, Inc.: revenues & profitability
Figure 16: Marsh & McLennan Companies, Inc.: assets & liabilities
Figure 17: Willis Towers Watson Public Limited Company: revenues & profitability
Figure 18: Willis Towers Watson Public Limited Company: assets & liabilities

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