Insurance Brokerage Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global insurance brokerage market is expected to grow at a CAGR of around 6.4% during 2025-2034. This report on global insurance brokerage market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global insurance brokerage market by segmenting the market based on Brokerage type, Insurance Type and region. Also, detailed profiles of companies operating in the insurance brokerage market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Demand for Insurance Policies • Government Initiatives Regarding Insurance Policies • Increasing Technology in the Area of Insurance Brokerage
Market Challenges
• Lack of Knowledge in Insurance Brokers About Technology • Impact of COVID-19
Historical & Forecast Period
Base Year: 2024 Historical Period: 2020-2024 Forecast Period: 2025-2034
Market by Brokerage Type
• Retail Brokerage • Wholesale Brokerage
Market by Insurance Type
• Life Insurance • Property & Casualty Insurance
Market by Region
• Europe Germany United Kingdom France Italy Spain Russia Netherlands Rest of Europe • North America United States Canada • Asia Pacific China Japan India South Korea Australia Indonesia Rest of Asia Pacific • Latin America Mexico Brazil Argentina Rest of Latin America • Middle East & Africa Saudi Arabia Turkey Iran United Arab Emirates Rest of Middle East & Africa
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Hub Motor Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Insurance Brokerage Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-17
5. Global Insurance Brokerage Market by Brokerage Type
5.1. Introduction
5.2. Retail Brokerage
5.3. Wholesale Brokerage
6. Global Insurance Brokerage Market by Insurance Type
6.1. Introduction
6.2. Life Insurance
6.3. Property & Casualty Insurance
7. Global Insurance Brokerage Market by Region
7.1 Introduction
7.2 Europe
7.2.1 Germany
7.2.2 United Kingdom
7.2.3 France
7.2.4 Italy
7.2.5 Spain
7.2.7 Russia
7.2.7 Netherlands
7.2.8 Rest of the Europe
7.3 North America
7.3.1 United States
7.3.2 Canada
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 South Korea
7.4.5 Australia
7.4.7 Indonesia
7.4.7 Rest of the Asia Pacific
7.5 Latin America
7.5.1 Mexico
7.5.2 Brazil
7.5.3 Argentina
7.5.4 Rest of Latin America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 Turkey
7.6.3 Iran
7.6.4 United Arab Emirates
7.6.5 Rest of Middle East & Africa
8. SWOT Analysis
9. Porter’s Five Forces
10. Market Value Chain Analysis
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Company Profiles
11.2.1. Acrisure LLC
11.2.2. Aon plc
11.2.3. Brown and Brown Inc
11.2.4. Gallagher
11.2.5. Hub International Limited
11.2.6. Jardine Lloyd Thompson Group
11.2.7. Lockton Companies
11.2.8. Marsh and Mclennan Companies Inc
11.2.9. Meadowbrook Insurance Group
11.2.10. Truist Insurance Holdings
11.2.11. USI Insurance Services LLC
11.2.12. Wills Towers Watson
List of Figures
Figure 1: Global Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 2: Global Insurance Brokerage Market by Brokerage Type, 2024
Figure 3: Global Insurance Brokerage Market by Platform, 2024
Figure 4: Global Insurance Brokerage Market by Insurance Type, 2024
Figure 5: Global Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 6: Global Insurance Brokerage Market by Brokerage Type (in %), 2024 & 2034
Figure 7: Global Retail Brokerage Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 8: Global Retail Brokerage Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 9: Global Wholesale Brokerage Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 10: Global Wholesale Brokerage Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 11: Global Insurance Brokerage Market by Insurance Type (in %), 2024 & 2034
Figure 12: Global Life Insurance Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 13: Global Life Insurance Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 14: Global Property & Casualty Insurance Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 15: Global Property & Casualty Insurance Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 16: Top Down Electric Bus Charging Infrastructure Opportunity Market (in US$ Million), 2020-2034
Figure 17: Inverted Electric Bus Charging Infrastructure Opportunity Market (in US$ Million), 2020-2034
Figure 18: Global Insurance Brokerage Market by Region (in %), 2024 & 2034
Figure 19: Europe Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 20: Europe Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 21: Europe Insurance Brokerage Market by Country (in %), 2024 & 2034
Figure 22: Germany Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 23: United Kingdom Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 24: France Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 25: Italy Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 26: Spain Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 27: Russia Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 28: Netherlands Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 29: North America Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 30: North America Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 31: North America Insurance Brokerage Market by Country (in %), 2024 & 2034
Figure 32: United States Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 33: Canada Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 34: Asia Pacific Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 35: Asia Pacific Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 36: Asia Pacific Insurance Brokerage Market by Country (in %), 2024 & 2034
Figure 37: China Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 38: Japan Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 39: India Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 40: South Korea Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 41: Australia Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 42: Indonesia Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 43: Latin America Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 44: Latin America Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 45: Latin America Insurance Brokerage Market by Country (in %), 2024 & 2034
Figure 46: Mexico Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 47: Brazil Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 48: Argentina Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 49: Middle East & Africa Insurance Brokerage Market (in US$ Million), 2020-2024
Figure 50: Middle East & Africa Insurance Brokerage Market (in US$ Million), 2025-2034
Figure 51: Middle East & Africa Insurance Brokerage Market by Country (in %), 2024 & 2034
Figure 52: Saudi Arabia Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 53: Turkey Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 54: Iran Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 55: UAE Insurance Brokerage Market (in US$ Million), 2020-2034
Figure 56: Market Value Chain
List of Tables
Table 1: Global Insurance Brokerage Market Portraiture
Table 2: Global Insurance Brokerage Market by Brokerage Type (in US$ Million), 2024 & 2034
Table 3: Global Insurance Brokerage Market by Insurance Type (in US$ Million), 2024 & 2034
Table 4: Global Insurance Brokerage Market by Region (in US$ Million), 2024 & 2034
Table 5: Europe Insurance Brokerage Market by Country (in US$ Million), 2024 & 2034
Table 6: North America Insurance Brokerage Market by Country (in US$ Million), 2024 & 2034
Table 7: Asia Pacific Insurance Brokerage Market by Country (in US$ Million), 2024 & 2034
Table 8: Latin America Insurance Brokerage Market by Country (in US$ Million), 2024 & 2034
Table 9: Middle East & Africa Insurance Brokerage Market by Country (in US$ Million),