Global Insurance Brokerage Market Growth (Status and Outlook) 2023-2029

Global Insurance Brokerage Market Growth (Status and Outlook) 2023-2029

Business brokerage is the business of giving people independent advice about what insurance is available from different companies and of arranging insurance for them.

LPI (LP Information)' newest research report, the “Insurance Brokerage Industry Forecast” looks at past sales and reviews total world Insurance Brokerage sales in 2022, providing a comprehensive analysis by region and market sector of projected Insurance Brokerage sales for 2023 through 2029. With Insurance Brokerage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Insurance Brokerage industry.

This Insight Report provides a comprehensive analysis of the global Insurance Brokerage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Insurance Brokerage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Insurance Brokerage market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Insurance Brokerage and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Insurance Brokerage.

The global Insurance Brokerage market size is projected to grow from US$ 76970 million in 2022 to US$ 111570 million in 2029; it is expected to grow at a CAGR of 5.4% from 2023 to 2029.

Some of main insurance brokerage Services are Commercial P&C insurance, Personal P&C insurance, Health and medical insurance, Life and accident insurance, Insurance administration and risk consulting and Annuities.

This report presents a comprehensive overview, market shares, and growth opportunities of Insurance Brokerage market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Life Insurance
Non-Life Insurance

Segmentation by application
Institution
Individual

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Wells Fargo Insurance Services
National Financial Partners
Meadowbrook Insurance Group
Jardine Lloyd Thompson Group
BB&T Insurance Services
Willis Group
Marsh & McLennan
Arthur J. Gallagher
Hub International
Brown & Brown

Please note: The report will take approximately 2 business days to prepare and deliver.