Insurance Brokerage Market in Europe 2022-2026

Insurance Brokerage Market in Europe 2022-2026

Technavio has been monitoring the insurance brokerage market in Europe and it is poised to grow by $ 7.60 bn during 2022-2026, progressing at a CAGR of 5.98% during the forecast period. Our report on the insurance brokerage market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased demand for insurance policies and increase in HNWIs. In addition, increased demand for insurance policies is anticipated to boost the growth of the market as well.

The insurance brokerage market in Europe analysis includes the type segment and geographic landscape.

Technavio's insurance brokerage market in Europe is segmented as below:

• By Type
• Retail
• Wholesale
• By Geography
• UK
• France
• Germany
• Rest of Europe

This study identifies the implementation of distinct valuation strategiesas one of the prime reasons driving the insurance brokerage market growth in Europe during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on insurance brokerage market in Europe covers the following areas:

• Insurance brokerage market sizing
• Insurance brokerage market forecast
• Insurance brokerage market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading insurance brokerage market vendors in Europe that include AmWINS Group Inc., Aon Plc, Arthur J. Gallagher and Co., Assured Partners Inc., Blythin and Brown Ltd., HUB International Ltd., Lockton Companies, Marsh and McLennan Companies Inc., NFP Corp., and Willis Towers Watson Public Ltd. Co. Also, the insurance brokerage market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

AmWINS Group Inc., Aon Plc, Arthur J. Gallagher and Co., Assured Partners Inc., Blythin and Brown Ltd., HUB International Ltd., Lockton Companies, Marsh and McLennan Companies Inc., NFP Corp., Willis Towers Watson Public Ltd. Co.