Global Insurance Brokers & Agencies: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Insurance Brokers & Agencies Market Research Report | Jan 2015

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Insurance Brokers & Agencies global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Annual Growth 10-15
Annual Growth 15-20
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Employment ('000)
Industry Analysis & Industry Trends

The Global Insurance Brokers and Agencies industry has maintained growth throughout the five years to 2014. With countries like China offering opportunities for expansion, growth is expected to continue in the five years to 2019... read more

Industry SWOT Analysis

The Global Insurance Brokers and Agencies industry is in the mature stage of its economic life cycle; this stage is characterized by wholehearted market acceptance of industry products and a slowdown in industry-specific technological advancement. Industry value added (IVA), which measures and industry's contribution to the overall economy, is expected to increase at an annualized rate of 3.3% during the 10 years to 2020. In contrast, world GDP is projected to grow at an annualized rate of 3.5% during the same period.

Typically, an industry is considered to be in the mature stage of its economic life cycle when growth in IVA trends with GDP growth over a 10-year period... read more


Industry ProductsRelated ReportsTable of Contents

What is the Global Insurance Brokers & Agencies Industry?

Industry participants act as brokers or agents in selling annuities and insurance policies. Brokers act on behalf of clients, whereas agents represent insurance companies. Insurance brokers and agents earn commission income that is calculated as a percentage of the premium of policies sold. They also earn some fee income for risk-management consulting and other value-added services, including insurance program administration.

Industry Products
Commercial P&C insurancePersonal P&C insuranceHealth and medical insuranceLife and accident insuranceOther annuity and insuranceInsurance administration and risk consultingAnnuities
Industry Activities
Property and casualty insurance policy brokerageHealth and medical insurance brokerageLife and accident insurance brokerageReinsurance brokerage and administrationAnnuity brokerageRisk management consulting

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