Insurance Brokerage Market in Europe 2024-2028

Insurance Brokerage Market In Europe 2024-2028


The insurance brokerage market in europe is forecasted to grow by USD 9.8 bn during 2023-2028, accelerating at a CAGR of 6.8% during the forecast period. The 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, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for insurance policies, increase in hnwis, and implementation of distinct valuation strategies.

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

By Type
  • Retail
  • Wholesale
By Geographical Landscape
  • Europe
This study identifies the integration of it and analytic solutions as one of the prime reasons driving the insurance brokerage market in europe growth during the next few years. Also, increased number of campaigns organized by vendors and advent of digital marketing platform will lead to sizable demand in the market.

The report on the insurance brokerage market in europe covers the following areas:
  • Insurance Brokerage Market in Europe sizing
  • Insurance Brokerage Market in Europe forecast
  • Insurance Brokerage Market in Europe industry analysis
The 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 in europe vendors that include Acrisure LLC, AmWINS Group Inc., Aon plc, Arthur J. Gallagher and Co., Assured Partners Inc., Blythin and Brown Ltd., Brown and Brown Inc., Foa and Son Corp., Funk Group GmbH, HUB International Ltd., Lloyds and Corp., Lockton Companies, Marsh and McLennan Co. Inc., NFP Corp., QBE European Operations plc, Regent Insurance Brokers Europe GmbH, Swiss Re Ltd., Truist Financial Corp., USI Insurance Services, 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.

The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Chart on Europe: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
5 Historic Market Size
5.1 Insurance Brokerage Market in Europe 2018 - 2022
Historic Market Size - Data Table on Insurance Brokerage Market in Europe 2018 - 2022 ($ billion)
5.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
5.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on Insurance Brokerage Market in Europe
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Retail - Market size and forecast 2023-2028
Chart on Retail - Market size and forecast 2023-2028 ($ billion)
Data Table on Retail - Market size and forecast 2023-2028 ($ billion)
Chart on Retail - Year-over-year growth 2023-2028 (%)
Data Table on Retail - Year-over-year growth 2023-2028 (%)
8.4 Wholesale - Market size and forecast 2023-2028
Chart on Wholesale - Market size and forecast 2023-2028 ($ billion)
Data Table on Wholesale - Market size and forecast 2023-2028 ($ billion)
Chart on Wholesale - Year-over-year growth 2023-2028 (%)
Data Table on Wholesale - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
9 Customer Landscape
9.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
10.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
10.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
10.3 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ billion)
Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
10.4 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ billion)
Data Table on France - Market size and forecast 2023-2028 ($ billion)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
10.5 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
10.6 Italy - Market size and forecast 2023-2028
Chart on Italy - Market size and forecast 2023-2028 ($ billion)
Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
Chart on Italy - Year-over-year growth 2023-2028 (%)
Data Table on Italy - Year-over-year growth 2023-2028 (%)
10.7 Rest of Europe - Market size and forecast 2023-2028
Chart on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
10.8 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Table on Market opportunity By Geographical Landscape ($ billion)
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 AmWINS Group Inc.
AmWINS Group Inc. - Overview
AmWINS Group Inc. - Product / Service
AmWINS Group Inc. - Key offerings
SWOT
13.5 Aon plc
Aon plc - Overview
Aon plc - Business segments
Aon plc - Key news
Aon plc - Key offerings
Aon plc - Segment focus
SWOT
13.6 Arthur J. Gallagher and Co.
Arthur J. Gallagher and Co. - Overview
Arthur J. Gallagher and Co. - Business segments
Arthur J. Gallagher and Co. - Key news
Arthur J. Gallagher and Co. - Key offerings
Arthur J. Gallagher and Co. - Segment focus
SWOT
13.7 Assured Partners Inc.
Assured Partners Inc. - Overview
Assured Partners Inc. - Product / Service
Assured Partners Inc. - Key offerings
SWOT
13.8 Blythin and Brown Ltd.
Blythin and Brown Ltd. - Overview
Blythin and Brown Ltd. - Product / Service
Blythin and Brown Ltd. - Key offerings
SWOT
13.9 HUB International Ltd.
HUB International Ltd. - Overview
HUB International Ltd. - Product / Service
HUB International Ltd. - Key news
HUB International Ltd. - Key offerings
SWOT
13.10 Lockton Companies
Lockton Companies - Overview
Lockton Companies - Product / Service
Lockton Companies - Key offerings
SWOT
13.11 Marsh and McLennan Co. Inc.
Marsh and McLennan Co. Inc. - Overview
Marsh and McLennan Co. Inc. - Business segments
Marsh and McLennan Co. Inc. - Key news
Marsh and McLennan Co. Inc. - Key offerings
Marsh and McLennan Co. Inc. - Segment focus
SWOT
13.12 NFP Corp.
NFP Corp. - Overview
NFP Corp. - Product / Service
NFP Corp. - Key offerings
SWOT
13.13 Willis Towers Watson Public Ltd. Co.
Willis Towers Watson Public Ltd. Co. - Overview
Willis Towers Watson Public Ltd. Co. - Business segments
Willis Towers Watson Public Ltd. Co. - Key news
Willis Towers Watson Public Ltd. Co. - Key offerings
Willis Towers Watson Public Ltd. Co. - Segment focus
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits10: Overview on criticality of inputs and factors of differentiation
Exhibits11: Overview on factors of disruption
Exhibits12: Impact of drivers and challenges in 2023 and 2028
Exhibits13: Parent Market
Exhibits14: Data Table on - Parent Market
Exhibits15: Market characteristics analysis
Exhibits16: Value chain analysis
Exhibits17: Offerings of companies included in the market definition
Exhibits18: Market segments
Exhibits19: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits20: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits21: Chart on Europe: Year-over-year growth 2023-2028 (%)
Exhibits22: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits23: Historic Market Size - Data Table on Insurance Brokerage Market in Europe 2018 - 2022 ($ billion)
Exhibits24: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits25: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits26: Five forces analysis - Comparison between 2023 and 2028
Exhibits27: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits28: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits29: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits30: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits31: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits32: Chart on Market condition - Five forces 2023 and 2028
Exhibits33: Chart on Type - Market share 2023-2028 (%)
Exhibits34: Data Table on Type - Market share 2023-2028 (%)
Exhibits35: Chart on Comparison by Type
Exhibits36: Data Table on Comparison by Type
Exhibits37: Chart on Retail - Market size and forecast 2023-2028 ($ billion)
Exhibits38: Data Table on Retail - Market size and forecast 2023-2028 ($ billion)
Exhibits39: Chart on Retail - Year-over-year growth 2023-2028 (%)
Exhibits40: Data Table on Retail - Year-over-year growth 2023-2028 (%)
Exhibits41: Chart on Wholesale - Market size and forecast 2023-2028 ($ billion)
Exhibits42: Data Table on Wholesale - Market size and forecast 2023-2028 ($ billion)
Exhibits43: Chart on Wholesale - Year-over-year growth 2023-2028 (%)
Exhibits44: Data Table on Wholesale - Year-over-year growth 2023-2028 (%)
Exhibits45: Market opportunity by Type ($ billion)
Exhibits46: Data Table on Market opportunity by Type ($ billion)
Exhibits47: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits48: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits49: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits50: Chart on Geographic comparison
Exhibits51: Data Table on Geographic comparison
Exhibits52: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits53: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits54: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits55: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits56: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibits57: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibits58: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits59: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits60: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits61: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits62: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits63: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits64: Chart on Italy - Market size and forecast 2023-2028 ($ billion)
Exhibits65: Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
Exhibits66: Chart on Italy - Year-over-year growth 2023-2028 (%)
Exhibits67: Data Table on Italy - Year-over-year growth 2023-2028 (%)
Exhibits68: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits69: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits70: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits71: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits72: Market opportunity By Geographical Landscape ($ billion)
Exhibits73: Data Table on Market opportunity By Geographical Landscape ($ billion)
Exhibits74: Impact of drivers and challenges in 2023 and 2028
Exhibits75: Overview on criticality of inputs and factors of differentiation
Exhibits76: Overview on factors of disruption
Exhibits77: Impact of key risks on business
Exhibits78: Companies covered
Exhibits79: Company ranking index
Exhibits80: Matrix on companies position and classification
Exhibits81: AmWINS Group Inc. - Overview
Exhibits82: AmWINS Group Inc. - Product / Service
Exhibits83: AmWINS Group Inc. - Key offerings
Exhibits84: SWOT
Exhibits85: Aon plc - Overview
Exhibits86: Aon plc - Business segments
Exhibits87: Aon plc - Key news
Exhibits88: Aon plc - Key offerings
Exhibits89: Aon plc - Segment focus
Exhibits90: SWOT
Exhibits91: Arthur J. Gallagher and Co. - Overview
Exhibits92: Arthur J. Gallagher and Co. - Business segments
Exhibits93: Arthur J. Gallagher and Co. - Key news
Exhibits94: Arthur J. Gallagher and Co. - Key offerings
Exhibits95: Arthur J. Gallagher and Co. - Segment focus
Exhibits96: SWOT
Exhibits97: Assured Partners Inc. - Overview
Exhibits98: Assured Partners Inc. - Product / Service
Exhibits99: Assured Partners Inc. - Key offerings
Exhibits100: SWOT
Exhibits101: Blythin and Brown Ltd. - Overview
Exhibits102: Blythin and Brown Ltd. - Product / Service
Exhibits103: Blythin and Brown Ltd. - Key offerings
Exhibits104: SWOT
Exhibits105: HUB International Ltd. - Overview
Exhibits106: HUB International Ltd. - Product / Service
Exhibits107: HUB International Ltd. - Key news
Exhibits108: HUB International Ltd. - Key offerings
Exhibits109: SWOT
Exhibits110: Lockton Companies - Overview
Exhibits111: Lockton Companies - Product / Service
Exhibits112: Lockton Companies - Key offerings
Exhibits113: SWOT
Exhibits114: Marsh and McLennan Co. Inc. - Overview
Exhibits115: Marsh and McLennan Co. Inc. - Business segments
Exhibits116: Marsh and McLennan Co. Inc. - Key news
Exhibits117: Marsh and McLennan Co. Inc. - Key offerings
Exhibits118: Marsh and McLennan Co. Inc. - Segment focus
Exhibits119: SWOT
Exhibits120: NFP Corp. - Overview
Exhibits121: NFP Corp. - Product / Service
Exhibits122: NFP Corp. - Key offerings
Exhibits123: SWOT
Exhibits124: Willis Towers Watson Public Ltd. Co. - Overview
Exhibits125: Willis Towers Watson Public Ltd. Co. - Business segments
Exhibits126: Willis Towers Watson Public Ltd. Co. - Key news
Exhibits127: Willis Towers Watson Public Ltd. Co. - Key offerings
Exhibits128: Willis Towers Watson Public Ltd. Co. - Segment focus
Exhibits129: SWOT
Exhibits130: Inclusions checklist
Exhibits131: Exclusions checklist
Exhibits132: Currency conversion rates for US$
Exhibits133: Research methodology
Exhibits134: Information sources
Exhibits135: Data validation
Exhibits136: Validation techniques employed for market sizing
Exhibits137: Data synthesis
Exhibits138: 360 degree market analysis
Exhibits139: List of abbreviations

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