2023-2030年全球保險經紀市場
市場調查報告書
商品編碼
1292929

2023-2030年全球保險經紀市場

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個工作天內

價格

在預測期內,全球保險經紀市場預計將以6.6%的可觀複合成長率成長。保險經紀人是一個被授權銷售保險的人,經常與眾多保險商合作,為客戶提供一系列的產品。保險在全球人民和企業中正變得越來越受歡迎。這是因為人們開始了解到擁有保險的重要性。人們對保險的認知不斷提高,加上政府和監管機構採取的各種計劃,促進了市場的成長。為了滿足保險業不斷成長的需求,市場參與者正在採取不同的策略,如合併和收購,以及建立夥伴關係,以獲得對其他公司的競爭優勢。例如,2021年1月,全球保險經紀公司Arthur J. Gallagher收購了英國的保險經紀公司Bollington Wilson,以加強Gallagher在英國的業務,並擴大其在特種保險方面的能力。

細分的前景:

保險經紀市場可以根據類型、模式和終端用戶進行細分。基於類型,市場被細分為人壽保險、普通保險、健康保險和其他,如汽車保險、屋主保險和殘疾保險。基於模式,市場被細分為線上和非線上。此外,根據終端用戶,市場被分為企業和個人。在終端用戶中,企業保險細分市場佔據了最大的佔有率。國際貿易的擴大和跨國公司的成長創造了對保險產品的需求,這些產品涵蓋了與全球商業運作相關的風險,推動了該細分市場的成長。

線上細分市場預計將在全球保險經紀市場中佔有相當大的佔有率

目錄

  • 艾瑞思特有限責任公司
  • Alliant Insurance Services, Inc.
  • 怡安集團
  • Arthur J. Gallagher & Co.
  • Assured Partners, Inc.
  • Beach & Associates Ltd.
  • BMSGroup Limited
  • Edgewood Partners Insurance Center, Inc.
  • Helios Insurance Broking Services Pvt.
  • Higginbotham保險集團
  • 錦程保險經紀公司
  • JLT Specialty Ltd.
  • 洛克頓公司
  • 麥格里夫保險服務有限公司
  • NFP公司
  • 瑞安專業Group Limited
  • 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)