Insurance Brokers And Agents Global Market Report 2018

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Insurance Brokers Agents Global Market Report
2018
Including Agencies Brokers Bancassurance
Other Intermediaries Covering Marsh McLennan
Cos Inc., Willis Towers Watson PLC, Aon PLC,
Arthur J Gallagher Co, Brown Brown Inc.
Feb 2018
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Scope Markets Covered Agencies Brokers
Bancassurance Other Intermediaries Companies
Mentioned Marsh McLennan Cos Inc., Willis
Towers Watson PLC, Aon PLC, Arthur J Gallagher
Co, Brown Brown Inc. Countries Brazil, China,
France, Germany, India, Italy, Japan, Spain,
Russia, UK, USA and Australia. Regions
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East And
Africa Time series Five years historic and
forecast. Data Ratios of market size and growth
to related markets, GDP, Expenditure Per Capita,
The Insurance Brokers Agents Market Indicators
Comparison. Data segmentations Country and
regional historic and forecast data, market share
of competitors, market segments. Sourcing and
Referencing Data and analysis throughout the
report is sourced using end notes.
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Insurance Brokers Agents
Market Characteristics
The insurance brokers and agents market comprise
establishments primarily engaged in acting as
intermediaries (i.e., agents, brokers) in selling
annuities and insurance policies. They represent
consumers in insurance transactions. The
insurance brokers and agents can be contracted
with single or multiple insurance companies as
they try to meet different client needs with
suitable insurance products. This market
excludes the direct selling of insurance products
by insurance companies. These entities usually
charge a certain proportion of the insurance
premium as a commission for their services. Such
commission is usually deducted or collected
from The insurance brokers and agents market in
this report is segmented into agencies, brokers,
bancassurance and other intermediaries Agencies
are entities or individual persons acting as
intermediaries in selling annuities and
insurance policies. This includes both companies
and independent intermediaries who are tagged
to Brokers are engaged as intermediaries in
selling annuities and insurance policies. These
companies offer wide range of Bancassurance
refers to selling insurance products and services
through banking institutions. This distribution
channel includes joint ventures between banks and
insurance companies or Other Intermediaries
comprise all other establishments involved in
selling insurance products and services. This
includes channels such as online retailing,
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In this report market value is defined as the
revenues organizations earn by selling their
goods and services within the specified market,
based on the price at which they sell. Only
goods and services traded between entities are
included. The revenues for a specified geography
are consumption values that is, they are
revenues generated by organizations in the
specified geography within the specified
market, irrespective of where they are produced.
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Insurance Brokers Agents
Market Historic Growth
The global insurance brokers agents market grew
from X billion in 2013 to X billion in 2017 at
a compound annual growth rate (CAGR) of X. The
chart and table below shows the year-on-year
growth of the global insurance brokers agents
market during 2013 2017.
Drivers of the Market Restraints on the Market
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Insurance Brokers Agents Market Forecast Growth
The global insurance brokers agents market is
expected to grow from XX billion in 2017 to
506.3 billion in 2021 at a compound annual
growth rate (CAGR) of XX. Online channels are
likely to be the biggest beneficiaries of this
growth. The chart and table below shows the
year-on-year growth of the global insurance
brokers agents market during 2017 - 2021.
Drivers of the Market Restraints on the Market
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Insurance Brokers Agents Market Segmentation
The chart and table below shows the split of the
insurance brokers agents market in 2017.
The total market value for insurance brokers
agents was X billion in 2017. The markets that
are covered include Agencies Brokers
Bancassurance Other Intermediaries. Agencies
market was the x largest segment in the insurance
brokers agents market with X share of the
market. The market value for the agencies market
was x billion in 2017. Brokers market made up
around X share of the market. The market value
for the brokers was x billion in 2017.
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Insurance Brokers Agents Market Regional And
Country Analysis
The Asia Pacific was the x largest region in the
insurance brokers agents market in 2017,
insurance brokers agents for X billion or X
market share. North America was the x largest
region insurance brokers agents for X billion
or X market share. South America was the x
largest region insurance brokers agents for X
billion or X market share.
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Insurance Brokers Agents
Market Competitive Landscape
The leading competitors in the global insurance
brokers agents market Marsh McLennan Cos
Inc., Willis Towers Watson PLC, Aon PLC, Arthur J
Gallagher Co, Brown Brown Inc. The chart
and table below displays the percentage market
share of the top players in the insurance
brokers agents market industry.
Marsh McLennan Cos. Inc. generated revenues of
XX billion for the financial year 2016, an XX
increase from the previous year. Willis Towers
Watson P.L.C. generated revenues of XX billion
for the financial year 2016, an XX increase
from the previous year. Aon P.L.C. generated
revenues of XX billion for the financial year
2016, an XX increase from the previous year.
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Arthur J. Gallagher Co. generated revenues of
XX billion for the financial year 2016, an XX
increase from the previous year. Brown Brown
Inc. generated revenues of XX billion for the
financial year 2016, an XX increase from the
previous year. Hub International Ltd. generated
revenues of XX billion for the financial year
2016. Lockton Cos. L.L.C. generated revenues of
XX billion for the financial year 2016, an XX
increase from the previous year. Jardine Lloyd
Thompson Group P.L.C. generated revenues of XX
billion for the financial year 2016, an XX
increase from the previous year. Wells Fargo
Insurance Services USA Inc. generated revenues of
XX billion for the financial year 2016, an XX
decrease from the previous year. BBT Insurance
Holdings Inc. generated revenues of XX billion
for the financial year 2016, an XX increase
from the previous year. Company Profile Marsh
McLennan Cos. Inc. Overview Marsh McLennan
Cos. Inc. was the X largest competitor in the
insurance brokers and agents market in 2017 with
a XX share of market. The company offers
insurance brokerage, risk management, reinsurance
services, talent management, investment
advisory, and management consulting services.
Marsh McLennan Cos. Inc. was founded
in Products and Services
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The firm operates through the following
divisions Risk and Insurance This division
includes control, transfer and mitigation
of Consulting The consulting division comprises
of consulting services relating Strategy The
companys growth strategy is to make investments
in new markets through acquisitions to increase
its geographical presence and capabilities. They
made 115 acquisitions and Financial
Performance Marsh McLennan Cos generated
revenues of X billion for the financial year
2016, an X increase from the previous year. It
had a market capitalization of X billion as of
October 2017. Willis Towers Watson
PLC Overview Products and Services
Strategy Financial Performance Aon
PLC Overview Products and Services
Strategy Financial Performance Arthur J
Gallagher Co
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Overview Products and Services
Strategy Financial Performance Brown Brown
Inc. Overview Products and Services
Strategy Financial Performance