2023-2030年全球保险经纪市场
市场调查报告书
商品编码
1292929

2023-2030年全球保险经纪市场

Global Insurance Brokerage Market 2023-2030

出版日期: | 出版商: Orion Market Research | 英文 110 Pages | 商品交期: 2-3个工作天内

价格

在预测期内,全球保险经纪市场预计将以6.6%的可观复合增长率增长。保险经纪人是一个被授权销售保险的人,经常与众多保险商合作,为客户提供一系列的产品。保险在全球人民和企业中正变得越来越受欢迎。这是因为人们开始了解到拥有保险的重要性。人们对保险的认识不断提高,加上政府和监管机构采取的各种倡议,促进了市场的增长。为了满足保险业不断增长的需求,市场参与者正在采取不同的策略,如合并和收购,以及建立伙伴关系,以获得对其他公司的竞争优势。例如,2021年1月,全球保险经纪公司Arthur J. Gallagher收购了英国的保险经纪公司Bollington Wilson,以加强Gallagher在英国的业务,并扩大其在特种保险方面的能力。

细分的前景:

保险经纪市场可以根据类型、模式和终端用户进行细分。基于类型,市场被细分为人寿保险、普通保险、健康保险和其他,如汽车保险、房主保险和残疾保险。基于模式,市场被细分为在线和非在线。此外,根据终端用户,市场被分为企业和个人。在终端用户中,企业保险细分市场占据了最大的份额。国际贸易的扩大和跨国公司的增长创造了对保险产品的需求,这些产品涵盖了与全球商业运作相关的风险,推动了该细分市场的增长。

在线细分市场预计将在全球保险经纪市场中占有相当大的份额

目录

  • 艾瑞思特有限责任公司
  • Alliant Insurance Services, Inc.
  • 怡安集团
  • Arthur J. Gallagher & Co.
  • Assured Partners, Inc.
  • Beach & Associates Ltd.
  • BMS集团有限公司
  • Edgewood Partners Insurance Center, Inc.
  • Helios Insurance Broking Services Pvt.
  • Higginbotham保险集团
  • 锦程保险经纪公司
  • JLT Specialty Ltd.
  • 洛克顿公司
  • 麦格里夫保险服务有限公司
  • NFP公司
  • 瑞安专业集团有限公司
  • Trust Insurance Holdings, Inc.
  • Tower Insurance & Reinsurance Brokers Pvt.Ltd.
  • Unicorn Insurance Brokers Pvt.Ltd.
  • Usi Insurance Services LLC
Product Code: OMR2027310

Global Insurance Brokerage Market Size, Share & Trends Analysis Report by Type (Life, General, Health, and Others), by Mode (Online and Offline), and by End-User (Corporate and Individual) Forecast Period (2023-2030)

The Global Insurance brokerage market is anticipated to grow at a considerable CAGR of 6.6% during the forecast period. An insurance broker is a person who is authorized to sell insurance and frequently collaborates with numerous insurance providers to provide customers with a range of products. Insurance is becoming more popular among people and businesses globally. This is because people are starting to understand the importance of having insurance. The increasing awareness among the people regarding insurance coverage along with various initiatives taken by the government and regulatory bodies boosting the market growth. In order to meet growing demand from the insurance sector, the market players are adopting different strategies such as mergers and acquisitions, and partnerships to gain competitive advantages over the other companies. For instance, In January 2021, Arthur J. Gallagher, a global insurance brokerage, acquired Bollington Wilson, a UK-based insurance broker to strengthen Gallagher's presence in the UK and expanded its capabilities in specialty insurance.

Segmental Outlook

The insurance brokerage market can be segmented based on type, mode, and end-users. Based on type market is segmented into life insurance, general insurance, health insurance, and others, such as auto insurance, homeowners insurance, and disability insurance. Based on the mode the market is sub-segmented into online and offline. Further, based on the end-users market is categorized into corporate and individual. Among the end-users, the corporate insurance sub-segment holds the largest share of the market. The expansion of international trade and the growth of multinational corporations have created a need for insurance products that cover risks associated with global business operations drive the segment growth.

The Online Sub-Segment is Expected to Hold a Considerable Share of the Global Insurance Brokerage Market

The online sub-segment is expected to hold a considerable share of the market. The growth of the online insurance market is owing to the increasing adoption of digital technologies by consumers and businesses. Online insurance offers better convenience and transparency through features such as 24/7 customer service, instant quotes, and easy online claims processing. As more consumers embrace digital channels for insurance purchases, the market players are adopting different strategies such as mergers and acquisitions, and partnerships to gain competitive advantages over the market. For instance, in September 2022, insurance brokerage company Acrisure acquired the digital broker platform B2Z Insurance. B2Z uses third-party data and analytics to help business owners and clients to obtain quotes, purchase personalized coverage and review their coverage with a licensed customer experience advocate by phone, text, or chat.

Regional Outlooks

The global insurance brokerage market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the North America region is anticipated to witness considerable growth in the market. This growth can be attributed to several factors such as increasing demand for insurance products among corporate and individual segments along with the growing number of insurance companies in North America such as Arthur J. Gallagher & Co., Hub International Ltd., Marsh & McLennan Cos., Inc., and others drive the market growth of the region. For instance, in 2021 the International Association of Insurance Supervisors (IAIS) of the US reported that the revenue of the insurance market in the country has seen a notable increase from 2020 to 2021. Specifically, the life insurance sector has experienced a significant surge of 11.5%.

Global Insurance Brokerage Market Growth, by Region 2023-2030

Source: OMR Analysis

Asia-Pacific is Expected to Witness Significant Growth in the Global Insurance Brokerage Market

The Asia-Pacific region is expected to witness significant growth during the forecast period. This growth can be attributed to several factors such as increasing demand for financial security due to the COVID-19 pandemic coupled with the rising awareness among individuals to secure their future. Additionally, the adoption of mobile telematics technology by insurance companies in developing nations such as China, India, and others is another key factor propelling regional market growth. For instance, in May 2021 Manulife partnered with LIMRA to find the best insurance advisors in Asia who are focused on customer satisfaction. LIMRA is one of the leading global trade associations for the financial services industry. The aim of the partnership is to meet the growing demand for health, retirement, and insurance protection in Asia. Having more professional advisors will benefit customers by providing them with better service.

Additionally, in March 2022, Alliance Group acquired AA Insurance Brokers. This includes AA's network of nationwide offices and underlying businesses, which forms part of the group's strategic focus to expand the company's on-the-ground infrastructure, licensing, client base, and reach within the Asia-Pacific region.

Market Players Outlook

The key players profiled in the insurance brokerage market report are: Brown & Brown Inc., HUB International Ltd., Northwestern Mutual Inc., Marsh & McLennan Companies Inc, and Willis Towers Watson. These players have adopted various strategies to increase their market penetration and strengthen their position in the insurance brokerage industry. For instance, in September 2022, Brown & Brown Inc. of Massachusetts, a subsidiary of Brown & Brown, acquired the assets of Smithwick & Mariners Insurance, MidCoast Insurance, and Chapman & Chapman Insurance. The companies expanded their capabilities to provide risk solutions to business owners and individuals in Maine and greater New England. The acquisition is expected to strengthen Brown & Brown's product offering and level of service to both marine and non-marine customers.

The Report Covers:

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the insurance brokerage market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying 'who-stands-where' in the market.

Table of Contents

1. Report Summary

  • Current Industry Analysis and Growth Potential Outlook
  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. By Region

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Recommendations
    • 2.2.3. Conclusion

3. Competitive Landscape

  • 3.1. Key Company Analysis
  • 3.2. Brown & Brown Inc.
    • 3.2.1. Overview
    • 3.2.2. Financial Analysis
    • 3.2.3. SWOT Analysis
    • 3.2.4. Recent Developments
  • 3.3. HUB International Ltd.
    • 3.3.1. Overview
    • 3.3.2. Financial Analysis
    • 3.3.3. SWOT Analysis
    • 3.3.4. Recent Developments
  • 3.4. Marsh & McLennan Companies Inc
    • 3.4.1. Overview
    • 3.4.2. Financial Analysis
    • 3.4.3. SWOT Analysis
    • 3.4.4. Recent Developments
  • 3.5. Northwestern Mutual Inc.
    • 3.5.1. Overview
    • 3.5.2. Financial Analysis
    • 3.5.3. SWOT Analysis
    • 3.5.4. Recent Developments
  • 3.6. Willis Towers Watson
    • 3.6.1. Overview
    • 3.6.2. Financial Analysis
    • 3.6.3. SWOT Analysis
    • 3.6.4. Recent Developments
  • 3.7. Key Strategy Analysis

4. Market Segmentation

  • 4.1. Global Insurance Brokerage Market by Type
    • 4.1.1. Life Insurance
    • 4.1.2. General Insurance
    • 4.1.3. Health Insurance
    • 4.1.4. Others (Auto Insurance, Homeowners Insurance, and Disability Insurance)
  • 4.2. Global Insurance Brokerage Market by Mode
    • 4.2.1. Online
    • 4.2.2. Offline
  • 4.3. Global Insurance Brokerage Market by End-User
    • 4.3.1. Corporate
    • 4.3.2. Individual

5. Regional Analysis

  • 5.1. North America
    • 5.1.1. United States
    • 5.1.2. Canada
  • 5.2. Europe
    • 5.2.1. UK
    • 5.2.2. Germany
    • 5.2.3. Italy
    • 5.2.4. Spain
    • 5.2.5. France
    • 5.2.6. Rest of Europe
  • 5.3. Asia-Pacific
    • 5.3.1. China
    • 5.3.2. India
    • 5.3.3. Japan
    • 5.3.4. South Korea
    • 5.3.5. Rest of Asia-Pacific
  • 5.4. Rest of the World

6. Company Profiles

  • 6.1. Acrisure LLC
  • 6.2. Alliant Insurance Services, Inc.
  • 6.3. Aon Plc
  • 6.4. Arthur J. Gallagher & Co.
  • 6.5. Assured Partners, Inc.
  • 6.6. Beach & Associates Ltd.
  • 6.7. BMS Group Ltd.
  • 6.8. Edgewood Partners Insurance Center, Inc.
  • 6.9. Helios Insurance Broking Services Pvt. Ltd
  • 6.10. Higginbotham Insurance Group
  • 6.11. Integro Insurance Brokers
  • 6.12. JLT Specialty Ltd.
  • 6.13. Lockton Companies
  • 6.14. McGriff Insurance Services, Inc.
  • 6.15. NFP Corp.
  • 6.16. Ryan Specialty Group, LLC
  • 6.17. Trust Insurance Holdings, Inc.
  • 6.18. Tower Insurance & Reinsurance Brokers Pvt. Ltd.
  • 6.19. Unicorn Insurance Brokers Pvt. Ltd.
  • 6.20. Usi Insurance Services LLC

LIST OF TABLES

  • 1. GLOBAL INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
  • 2. GLOBAL LIFE INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
  • 3. GLOBAL GENERAL INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 4. GLOBAL HEALTH INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 5. GLOBAL OTHER INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 6. GLOBAL INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
  • 7. GLOBAL ONLINE INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 8. GLOBAL OFFLINE INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 9. GLOBAL INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
  • 10. GLOBAL INSURANCE BROKERAGE FOR CORPORATE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 11. GLOBAL INSURANCE BROKERAGE FOR INDIVIDUAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 12. GLOBAL INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 13. NORTH AMERICAN INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
  • 14. NORTH AMERICAN INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
  • 15. NORTH AMERICAN INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
  • 16. NORTH AMERICAN INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
  • 17. EUROPEAN INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
  • 18. EUROPEAN INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
  • 19. EUROPEAN INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
  • 20. EUROPEAN INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
  • 21. ASIA- PACIFIC INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
  • 22. ASIA- PACIFIC INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
  • 23. ASIA- PACIFIC INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
  • 24. ASIA- PACIFIC INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
  • 25. REST OF THE WORLD INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
  • 26. REST OF THE WORLD INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
  • 27. REST OF THE WORLD INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
  • 28. REST OF THE WORLD INSURANCE BROKERAGE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)

LIST OF FIGURES

  • 1. GLOBAL INSURANCE BROKERAGE MARKET SHARE BY TYPE, 2022 VS 2030(%)
  • 2. GLOBAL LIFE INSURANCE BROKERAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 3. GLOBAL GENERAL INSURANCE BROKERAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 4. GLOBAL HEALTH INSURANCE BROKERAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 5. GLOBAL OTHER TYPE INSURANCE BROKERAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 6. GLOBAL INSURANCE BROKERAGE MARKET SHARE BY MODE, 2022-VS 2030(%)
  • 7. GLOBAL ONLINE INSURANCE BROKERAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 8. GLOBAL OFFLINE INSURANCE BROKERAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 9. GLOBAL INSURANCE BROKERAGE MARKET SHARE BY END-USER, 2022 VS 2030 (%)
  • 10. GLOBAL INSURANCE BROKERAGE FOR CORPORATE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 11. GLOBAL INSURANCE BROKERAGE FOR INDIVIDUAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 12. GLOBAL INSURANCE BROKERAGE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 13. US INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 14. CANADA INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 15. UK INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 16. FRANCE INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 17. GERMANY INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 18. ITALY INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 19. SPAIN INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 20. REST OF EUROPE INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 21. INDIA INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 22. CHINA INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 23. JAPAN INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 24. SOUTH KOREA INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 25. REST OF ASIA-PACIFIC INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)
  • 26. REST OF THE WORLD INSURANCE BROKERAGE MARKET SIZE, 2022-2030 ($ MILLION)