Insurance Brokerage Market by Type, End-user, and Geography - Forecast and Analysis 2023-2027
| Published: May 2023 | Pages: 163 | SKU: IRTNTR40862 |
Insurance Brokerage Market Analysis Report 2023-2027:
The insurance brokerage market is estimated to grow at a CAGR of 6.24% between 2022 and 2027. The market size is forecasted to increase by USD 75.24 billion. The growth of the market depends on several factors, including the increased demand for insurance policies, the implementation of distinct valuation strategies, and the increase in HNWIs globally.
This insurance brokerage market report extensively covers market segmentation by type (non-life insurance and life insurance), end-user (individuals and corporate), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will be the Size of the Insurance Brokerage Market During the Forecast Period?
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Insurance Brokerage Market: Key Drivers, Trends, Challenges, and Customer Landscape
The increased demand for insurance policies is notably driving the market growth, although factors such as stringent regulatory compliances related to insurance services may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Insurance Brokerage Market Driver
The increased demand for insurance policies is notably driving market growth. Purchasing an insurance policy is a key financial decision for customers. To adopt efficient pricing policies, insurance brokerage firms are working on effective sales strategies and creating actuarial models. The increasing population of baby boomers and millennials is leading to growth opportunities for insurance brokerage firms. Insurance brokers focus on policies that provide maximum benefits, which has increased the demand for insurance products. The demand for accidental insurance, life insurance, medical insurance, vehicle insurance, liability insurance, and property insurance is high in the market.
The demand for effectively priced insurance policies is high in the market. Insurance firms are investing in innovative products and services to tap the potential in emerging markets. Moreover, the increasing awareness about the benefits of insurance policies will fuel the demand for such policies during the forecast period. These factors are expected to boost the growth of the global insurance brokerage market during the forecast period.
Significant Insurance Brokerage Market Trends
The integration of IT and analytics solutions is a key trend shaping the market. Market vendors are integrating IT and analytics solutions to maximize their sales. Analytics solutions help in creating effective marketing strategies and underwriting services. Data analytics helps firms with product design and customer targeting through simulation and stochastic techniques. In addition, insurance brokers use data analytics tools to maintain a competitive edge. Such tools use complex models and predict possible future outcomes to identify hidden data patterns. Major market vendors are focusing on business intelligence to analyze the current market scenario. This improves decision-making, enhances performance, improves customer service, and generates high profits.
Established analytics firms have collaborated with insurance brokerage companies to expand their customer base. The integration of IT and analytics helps customers access vital information about portfolio metrics, financial risks, pricing inadequacies, and profitability. These solutions facilitate actuarial and underwriting, claims processing, prevention of identity theft, and checking insurance frauds. Therefore, the integration of IT and data analytics helps prevent losses and fraudulent practices. These factors are expected to support the growth of the market during the forecast period.
Major Insurance Brokerage Market Challenge
Stringent regulatory compliances related to insurance services are challenging market growth. Governments of various countries have imposed strict regulatory norms on capital requirements, regional operations, and commission rates, which limit the scope of insurance brokerage services. To adhere to such stringent regulations, insurance brokerage firms should restructure their operations, capital systems, corporate management, and information systems.
Regulatory compliances help eliminate unethical insurance brokers in the market. They protect customers and reduce the degree of risks associated with insurance policies. For instance, in the UAE, the Insurance Authority has imposed stringent regulations on insurance brokerage firms. Under these regulations, an insurance brokerage firm is required to obtain a renewable license from the Insurance Authority prior to its operations. Solvency restrictions and a rise in capital requirements will further hinder the growth of the insurance brokerage market during the forecast period.
Key Insurance Brokerage Market Customer Landscape
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Insurance Brokerage Market Customer Landscape
Who are the Major Insurance Brokerage Market Vendors?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Acrisure LLC - The company offers insurance brokerage solutions for businesses. It also offers financial technology and insurance services.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market vendors, including:
- Alliant Insurance Services Inc.
- AmWINS Group Inc.
- Aon plc
- Arthur J. Gallagher and Co.
- Assured Partners Inc.
- Beacon Insurance Brokers Pvt. Ltd.
- Brown and Brown Inc.
- Funk Group GmbH
- Hellman and Friedman LLC
- India Insure Risk Management & Insurance Broking Services Pvt. Ltd.
- Lockton Companies
- Mahindra and Mahindra Ltd.
- Marsh and McLennan Companies Inc.
- Navnit Insurance Broking Pvt. Ltd.
- NFP Corp.
- Regent Insurance Brokers Europe GmbH
- Truist Financial Corp.
- USI Insurance Services
- Willis Towers Watson Public Ltd. Co.
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What are the Fastest-Growing Segments in the Insurance Brokerage Market?
The market share growth by the non-life insurance segment will be significant during the forecast period. Non-life insurance policies insure homes, cars, and others. They cover financial losses that result from fire accidents, floods, hurricanes, earthquakes, theft, travel mishaps, and others.
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The non-life insurance segment was valued at USD 115.69 billion in 2017 and continued to grow until 2021. Non-life insurance, also known as general insurance, has various advantages, such as compensation for accidental financial losses, improved savings, and economic stability. Some of the major types of general insurance policies include personal insurance, industrial insurance, commercial insurance, and marine insurance. The demand for property and vehicle insurance plans is high in countries in APAC, such as China, India, Malaysia, and Indonesia. Therefore, insurance brokerage firms are focusing on expanding their customer base in these countries. These factors are expected to drive the growth of the non-life insurance segment during the forecast period.
Which are the Key Regions for the Insurance Brokerage Market?
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North America is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Factors such as the rising awareness about the need for insurance coverage and the availability of financial advice are driving the growth of the market in North America. The rising number of HNWIs and the growing working capital population are other factors that drive the growth of the market in the region. In addition, adopting an omnichannel marketing strategy will boost the market's growth during the forecast period. Many insurance brokerage firms operate digitally and have adopted automated transaction policies to lower their operational costs. Technological advances further intensify the competition in the market. Established market players are focusing on improving their relationships with customers through digital platforms. This will help them expand their customer base. All these factors, in turn, will drive the growth of the insurance brokerage market in North America during the forecast period.
In 2020, the growth of the insurance brokerage market in North America slowed down, as the regional economy was affected by COVID-19. However, in 2021, lockdowns were lifted due to vaccination drives, which led to the resumption of business activities in different industries. In addition, the pandemic led to an increase in awareness about the benefits of insurance during uncertainties. Such factors are expected to drive the growth of the insurance brokerage market in North America during the forecast period.
Segment Overview
The insurance brokerage market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Type Outlook (USD Billion, 2017 - 2027)
- Non-life insurance
- Life insurance
- End-user Outlook (USD Billion, 2017 - 2027)
- Individuals
- Corporate
- Region Outlook (USD Billion, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Argentina
- Brazil
- Chile
- North America
Parent Market Analysis
Technavio categorizes the insurance brokerage market as a part of the global specialized consumer services market, which covers revenue generated by consumer service providers, including residential services, home security services, legal services, personal services, renovation and interior design services, consumer auction services, wedding services, and funeral services. Growth of the global specialized consumer services market will be driven by factors such as growth in worldwide construction activities, rise in disposable income, and increased adoption of multichannel marketing strategies. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.
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Insurance Brokerage Market Scope |
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Report Coverage |
Details |
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Page number |
163 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.24% |
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Market growth 2023-2027 |
USD 75.24 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
6.2 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 43% |
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Key countries |
US, China, Japan, UK, and Germany |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Acrisure LLC, Alliant Insurance Services Inc., AmWINS Group Inc., Aon plc, Arthur J. Gallagher and Co., Assured Partners Inc., Beacon Insurance Brokers Pvt. Ltd., Brown and Brown Inc., Funk Group GmbH, Hellman and Friedman LLC, India Insure Risk Management & Insurance Broking Services Pvt. Ltd., Lockton Companies, Mahindra and Mahindra Ltd., Marsh and McLennan Companies Inc., Navnit Insurance Broking Pvt. Ltd., NFP Corp., Regent Insurance Brokers Europe GmbH, Truist Financial Corp., USI Insurance Services, and Willis Towers Watson Public Ltd. Co. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Insurance Brokerage Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the size of the market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of market vendors
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global insurance brokerage market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global insurance brokerage market 2017 - 2021 ($ billion)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
- 4.3 End-User Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-User Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Non-life insurance - Market size and forecast 2022-2027
- Exhibit 34: Chart on Non-life insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Non-life insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Non-life insurance - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Non-life insurance - Year-over-year growth 2022-2027 (%)
- 6.4 Life insurance - Market size and forecast 2022-2027
- Exhibit 38: Chart on Life insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Life insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Life insurance - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Life insurance - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ billion)
- Exhibit 43: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user
- 7.3 Individuals - Market size and forecast 2022-2027
- Exhibit 48: Chart on Individuals - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Data Table on Individuals - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Chart on Individuals - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Individuals - Year-over-year growth 2022-2027 (%)
- 7.4 Corporate - Market size and forecast 2022-2027
- Exhibit 52: Chart on Corporate - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Corporate - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Corporate - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Corporate - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by End-user
- Exhibit 56: Market opportunity by End-user ($ billion)
- Exhibit 57: Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 91: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 UK - Market size and forecast 2022-2027
- Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.12 Germany - Market size and forecast 2022-2027
- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Acrisure LLC
- Exhibit 111: Acrisure LLC - Overview
- Exhibit 112: Acrisure LLC - Product / Service
- Exhibit 113: Acrisure LLC - Key offerings
- 12.4 Alliant Insurance Services Inc.
- Exhibit 114: Alliant Insurance Services Inc. - Overview
- Exhibit 115: Alliant Insurance Services Inc. - Product / Service
- Exhibit 116: Alliant Insurance Services Inc. - Key offerings
- 12.5 AmWINS Group Inc.
- Exhibit 117: AmWINS Group Inc. - Overview
- Exhibit 118: AmWINS Group Inc. - Product / Service
- Exhibit 119: AmWINS Group Inc. - Key offerings
- 12.6 Aon plc
- Exhibit 120: Aon plc - Overview
- Exhibit 121: Aon plc - Business segments
- Exhibit 122: Aon plc - Key offerings
- Exhibit 123: Aon plc - Segment focus
- 12.7 Arthur J. Gallagher and Co.
- Exhibit 124: Arthur J. Gallagher and Co. - Overview
- Exhibit 125: Arthur J. Gallagher and Co. - Business segments
- Exhibit 126: Arthur J. Gallagher and Co. - Key offerings
- Exhibit 127: Arthur J. Gallagher and Co. - Segment focus
- 12.8 Assured Partners Inc.
- Exhibit 128: Assured Partners Inc. - Overview
- Exhibit 129: Assured Partners Inc. - Product / Service
- Exhibit 130: Assured Partners Inc. - Key offerings
- 12.9 Beacon Insurance Brokers Pvt. Ltd.
- Exhibit 131: Beacon Insurance Brokers Pvt. Ltd. - Overview
- Exhibit 132: Beacon Insurance Brokers Pvt. Ltd. - Product / Service
- Exhibit 133: Beacon Insurance Brokers Pvt. Ltd. - Key offerings
- 12.10 Brown and Brown Inc.
- Exhibit 134: Brown and Brown Inc. - Overview
- Exhibit 135: Brown and Brown Inc. - Business segments
- Exhibit 136: Brown and Brown Inc. - Key news
- Exhibit 137: Brown and Brown Inc. - Key offerings
- Exhibit 138: Brown and Brown Inc. - Segment focus
- 12.11 Funk Group GmbH
- Exhibit 139: Funk Group GmbH - Overview
- Exhibit 140: Funk Group GmbH - Product / Service
- Exhibit 141: Funk Group GmbH - Key offerings
- 12.12 Hellman and Friedman LLC
- Exhibit 142: Hellman and Friedman LLC - Overview
- Exhibit 143: Hellman and Friedman LLC - Product / Service
- Exhibit 144: Hellman and Friedman LLC - Key offerings
- 12.13 Lockton Companies
- Exhibit 145: Lockton Companies - Overview
- Exhibit 146: Lockton Companies - Product / Service
- Exhibit 147: Lockton Companies - Key offerings
- 12.14 Mahindra and Mahindra Ltd.
- Exhibit 148: Mahindra and Mahindra Ltd. - Overview
- Exhibit 149: Mahindra and Mahindra Ltd. - Business segments
- Exhibit 150: Mahindra and Mahindra Ltd. - Key news
- Exhibit 151: Mahindra and Mahindra Ltd. - Key offerings
- Exhibit 152: Mahindra and Mahindra Ltd. - Segment focus
- 12.15 Marsh and McLennan Companies Inc.
- Exhibit 153: Marsh and McLennan Companies Inc. - Overview
- Exhibit 154: Marsh and McLennan Companies Inc. - Business segments
- Exhibit 155: Marsh and McLennan Companies Inc. - Key offerings
- Exhibit 156: Marsh and McLennan Companies Inc. - Segment focus
- 12.16 Navnit Insurance Broking Pvt. Ltd.
- Exhibit 157: Navnit Insurance Broking Pvt. Ltd. - Overview
- Exhibit 158: Navnit Insurance Broking Pvt. Ltd. - Product / Service
- Exhibit 159: Navnit Insurance Broking Pvt. Ltd. - Key offerings
- 12.17 NFP Corp.
- Exhibit 160: NFP Corp. - Overview
- Exhibit 161: NFP Corp. - Product / Service
- Exhibit 162: NFP Corp. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 163: Inclusions checklist
- Exhibit 164: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 165: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 166: Research methodology
- Exhibit 167: Validation techniques employed for market sizing
- Exhibit 168: Information sources
- 13.5 List of abbreviations
- Exhibit 169: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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insurance brokerage market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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