Global Insurance Brokers Market to 2027
Summary
Global Insurance Brokers industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The insurance brokers sector is segmented into general insurance and life Insurance and pension.
- The global insurance brokers sector had total revenues of $1,226.2 billion in 2022, representing a compound annual growth rate (CAGR) of 8.7% between 2017 and 2022.
- The general insurance segment accounted for the sector's largest proportion in 2022, with total revenues of $849.7 billion, equivalent to 69.3% of the sector's overall value.
- According to OECD, many Latin American countries recorded premium growth both in nominal and real terms in the life insurance sector in 2022, with Colombia recording 30.5% growth rate in real terms.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance brokers market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global insurance brokers market
- 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 Global insurance brokers market with five year forecasts by both value and volume
- What was the size of the Global insurance brokers market by value in 2022?
- What will be the size of the Global insurance brokers market in 2027?
- What factors are affecting the strength of competition in the Global insurance brokers market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's insurance brokers market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of leading players?
- 7.3. What strategies do leading players follow?
- 7.4. What are the recent developments in the sector?
- 8 Company Profiles
- 8.1. Arthur J. Gallagher & Co
- 8.2. Marsh & McLennan Companies Inc
- 8.3. Willis Towers Watson PLC
- 8.4. Aon Plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global insurance brokers sector value: $ billion, 2017–22
- Table 2: Global insurance brokers sector category segmentation: % share, by value, 2017–2022
- Table 3: Global insurance brokers sector category segmentation: $ billion, 2017-2022
- Table 4: Global insurance brokers sector geography segmentation: $ billion, 2022
- Table 5: Global insurance brokers sector value forecast: $ billion, 2022–27
- Table 6: Arthur J. Gallagher & Co: key facts
- Table 7: Arthur J. Gallagher & Co: Annual Financial Ratios
- Table 8: Arthur J. Gallagher & Co: Key Employees
- Table 9: Arthur J. Gallagher & Co: Key Employees Continued
- Table 10: Marsh & McLennan Companies Inc: key facts
- Table 11: Marsh & McLennan Companies Inc: Annual Financial Ratios
- Table 12: Marsh & McLennan Companies Inc: Key Employees
- Table 13: Marsh & McLennan Companies Inc: Key Employees Continued
- Table 14: Willis Towers Watson PLC: key facts
- Table 15: Willis Towers Watson PLC: Annual Financial Ratios
- Table 16: Willis Towers Watson PLC: Key Employees
- Table 17: Willis Towers Watson PLC: Key Employees Continued
- Table 18: Willis Towers Watson PLC: Key Employees Continued
- Table 19: Willis Towers Watson PLC: Key Employees Continued
- Table 20: Aon Plc: key facts
- Table 21: Aon Plc: Annual Financial Ratios
- Table 22: Aon Plc: Key Employees
- Table 23: Aon Plc: Key Employees Continued
- Table 24: Aon Plc: Key Employees Continued
- Table 25: Global exchange rate, 2018–22
- List of Figures
- Figure 1: Global insurance brokers sector value: $ billion, 2017–22
- Figure 2: Global insurance brokers sector category segmentation: $ billion, 2017-2022
- Figure 3: Global insurance brokers sector geography segmentation: % share, by value, 2022
- Figure 4: Global insurance brokers sector value forecast: $ billion, 2022–27
- Figure 5: Forces driving competition in the global insurance brokers sector, 2022
- Figure 6: Drivers of buyer power in the global insurance brokers sector, 2022
- Figure 7: Drivers of supplier power in the global insurance brokers sector, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the global insurance brokers sector, 2022
- Figure 9: Factors influencing the threat of substitutes in the global insurance brokers sector, 2022
- Figure 10: Drivers of degree of rivalry in the global insurance brokers sector, 2022
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