Global Insurance Agencies Market Report 2024

Insurance Agencies Global Market Report 2024 – By Insurance (Life Insurance, Property And Casualty Insurance, Health And Medical Insurance, Other Insurance), By Mode (Online, Offline), By End User (Corporate, Individual) – Market Size, Trends, And Global Forecast 2024-2033

Insurance Agencies Global Market Report 2024

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Insurance Agencies Market Definition

An insurance agency is a business or individual authorized by an insurance company to sell their insurance products on their behalf. They find, write, and bind policies between their clients and insurance companies.

The main types of insurance agencies are life insurance, property and casualty insurance, health and medical insurance, and other insurance. Life insurance refers to the contract between the insurer and the insurance policyholder that promises to pay a total sum of money upon the death of an insured person. The services are provided in various modes, such as online, offline. These are used by corporations and individuals.

Insurance Agencies Market Segmentation

The insurance agencies market covered in this report is segmented –

1) By Insurance: Life Insurance, Property And Casualty Insurance, Health And Medical Insurance, Other Insurance

2) By Mode: Online, Offline

3) By End User: Corporate, Individual

Global Insurance Agencies Market Size 2023 to 2028: Graph

Insurance Agencies Market Size 2024 And Growth Rate

The insurance agencies market size has grown steadily in recent years. It will grow from $125.25 billion in 2023 to $129.89 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to economic conditions, regulatory environment, demographics, competitive landscape.

Insurance Agencies Market Growth Forecast

The insurance agencies market size is expected to see steady growth in the next few years. It will grow to $149.72 billion in 2028 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to customer expectations, climate change and natural disasters, esg (environmental, social, and governance) factors, health and wellness trends, insurance distribution channels, remote work and digital operations. Major trends in the forecast period include technology adoption, insurtech integration, data analytics and ai, customer-centric focus, product diversification, partnerships and alliances.

Insurance Agencies Market Driver: Increased Public Awareness Of Coverage Benefits Driving The Insurance Agency Market

Increased awareness about the benefits of insurance coverage is expected to drive the insurance agency's market. The pandemic has alerted the public and made them aware of the uncertainty, which led them towards opting for insurance to protect their and their family's lives. For instance, according to the Max Bupa survey on the difference of mindset of people before and after the COVID-19 onset, during pre-COVID times the percentage of buyers and planners for comprehensive plans was 32% and 41%, respectively. The demand for insurance plans has seen a significant increase over the last few months, with the percentages of buyers and people intending to buy rising to 55% and 60%, respectively. These insurance agencies help the people in obtaining the best insurance policy as per their needs and budget. Hence, a higher awareness rate among the public on the benefits of insurance coverage aids in the growth of the insurance agencies market.

Insurance Agencies Market Driver: Cyber Threats Drive Demand For Insurance Agencies

The growing number of cyber threats is expected to propel the growth of the insurance agency market going forward. Cyber threats refer to potential dangers or risks posed by malicious activities to damage data through a wide range of activities and tactics that target computer systems, networks, and digital information. Cyber threats on insurance agencies are growing exponentially as insurance companies have large amounts of personal information about their customers that is stolen by ransomware, phishing, or data theft by fraudsters. For instance, in February 2023, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, the cybercrime reports received in 2022 were 76,000, which increased by 13% from the previous year. Therefore, a growing number of cyber threats is driving the growth of the insurance agency market.

Global Insurance Agencies Market Major Players

Major companies operating in the insurance agencies market include McGriff Insurance Services LLC, Marsh & McLennan Agency LLC, Aon PLC, Brown & Brown Insurance Inc., HUB International Ltd., USI Insurance Services, AXA Equitable Holdings Inc., Arthur J. Gallagher & Co, BRP Group Inc., Brookfield Residential Properties Inc., China United Insurance Service Inc., Corvel Corp, Crawford & Co, Equitable Holdings Inc., Erie Indemnity Co, Fanhua Inc., GoHealth Inc., Goosehead Insurance Inc., Hagerty Inc., Huize Holding Ltd., Prevention Insurance.Com, Reliance Global Group, RSC Insurance Brokerage Inc., IMA World Insurance Associates LLC, Higginbotham, Highstreet Insurance Partners Inc., Hilb Group LLC, Leavitt Group, Insurance Office of America Inc., Frankenmuth Insurance

Global Insurance Agencies Market Restraint: The Impact On Insurance Agency Market With Shifting Consumer Behavior

Change in consumers' behavior of approaching the insurance providers directly for availing insurance policies instead of insurance agencies is expected to hinder the market growth. Customers feel empowered to forego agents and brokers as most of the insurance providers are providing online services. For instance, in June 2021, According to Ernst and Young, a UK based advisory services company, Consumers show an increased appetite for online insurance services, such as online car insurance, which increased by 33% in 2021 and online home insurance, which increased by 32% in 2021.. Thus, changing customer approach towards insurance agencies eliminates the involvement of agencies and brokers in the process of insurance purchase, which in turn is restricting the growth of the insurance agencies market.

Global Insurance Agencies Market Trend: Tech-Driven Advancements In The Insurance Agency Market

Introduction to technology-enabled services and platforms is a leading trend in the insurance agencies market. Insurance and technology companies are assisting insurance agencies by developing technology-enabled services and platforms for enhancing smooth customer experience and versatility. For instance, in October 2021, a digital asset financial services platform called BVNK was launched which would make crypto financial services more accessible to the patients. BVNK offers a range of services to businesses, including remittances, B2B payments, fintech, e-commerce, treasury, FX, institutional investing, and gaming. BVNK is designed to bridge traditional and decentralized finance, making payments borderless, fast, and secure.

Global Insurance Agencies Market Trend: Innovative Digital Solutions Transforming The Insurance Agency Market

Major companies operating in the insurance agency market are focusing on innovating products, such as the Xingyun, to provide reliable services to customers. Xingyun is used by insurance agencies to support the digital operations of insurance partners. For instance, in September 2022, Ant Insurance, a China-based insurance agency, launched Xingyun. Xingyun is a digital operation platform designed to help insurers improve operational efficiency and customer experience through smart automation and data analytics. This platform provides policy management, claims management, customer service, and data analytics services.

Insurance Agencies Market Merger And Acquisition: World Insurance Associates Llc Expands Transportation Insurance Reach With Oakland Insurance Agency Acquisition

In October 2023, World Insurance Associates LLC, a US-based insurance company acquired Oakland Insurance agency for an undisclosed amount. With this acquisition World Insurance Associates LLC expand its presence in the transportation insurance market and strengthen its position as a leading insurance broker for the worldwide supply chain. Oakland Insurance agency is a US-based insurance agency company.

Regional Analysis For The Global Insurance Agencies Market

North America was the largest region in the insurance agencies accounting for in 2023. Western Europe was the second largest region in the insurance agencies market. The regions covered in the insurance agencies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the insurance agencies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The insurance agencies market consists of sales of insurance products by entities that act as agents in selling annuities and insurance policies. This market excludes the direct selling of insurance products by insurance companies. The value of the market is based on the fees or commissions paid to brokers by the insured, both commercial and personal. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The insurance agencies research report is one of a series of new reports from The Business Research Company that provides insurance agency statistics, including insurance agencies industry global market size, regional shares, competitors with insurance agencies share, detailed insurance agencies segments, market trends and opportunities, and any further data you may need to thrive in the insurance agencies industry. This insurance agencies research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Insurance Agencies Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $129.89 billion
Revenue Forecast In 2033 $149.72 billion
Growth Rate CAGR of 3.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Insurance: Life Insurance, Property And Casualty Insurance, Health And Medical Insurance, Other Insurance
2) By Mode: Online, Offline
3) By End User: Corporate, Individual
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled McGriff Insurance Services LLC; Marsh & McLennan Agency LLC; Aon PLC; Brown & Brown Insurance Inc.; HUB International Ltd.; USI Insurance Services; AXA Equitable Holdings Inc.; Arthur J. Gallagher & Co; BRP Group Inc.; Brookfield Residential Properties Inc.; China United Insurance Service Inc.; Corvel Corp; Crawford & Co; Equitable Holdings Inc.; Erie Indemnity Co; Fanhua Inc.; GoHealth Inc.; Goosehead Insurance Inc.; Hagerty Inc.; Huize Holding Ltd.; Prevention Insurance.Com; Reliance Global Group; RSC Insurance Brokerage Inc.; IMA World Insurance Associates LLC; Higginbotham; Highstreet Insurance Partners Inc.; Hilb Group LLC; Leavitt Group; Insurance Office of America Inc.; Frankenmuth Insurance
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Insurance Agencies Market Characteristics

    3. Insurance Agencies Market Trends And Strategies

    4. Insurance Agencies Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Insurance Agencies Market Size and Growth

    5.1. Global Insurance Agencies Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Insurance Agencies Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Insurance Agencies Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Insurance Agencies Market Segmentation

    6.1. Global Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Life Insurance

    Property And Casualty Insurance

    Health And Medical Insurance

    Other Insurance

    6.2. Global Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Online

    Offline

    6.3. Global Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Corporate

    Individual

    7. Insurance Agencies Market Regional And Country Analysis

    7.1. Global Insurance Agencies Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Insurance Agencies Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Insurance Agencies Market

    8.1. Asia-Pacific Insurance Agencies Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Insurance Agencies Market

    9.1. China Insurance Agencies Market Overview

    9.2. China Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Insurance Agencies Market

    10.1. India Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Insurance Agencies Market

    11.1. Japan Insurance Agencies Market Overview

    11.2. Japan Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Insurance Agencies Market

    12.1. Australia Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Insurance Agencies Market

    13.1. Indonesia Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Insurance Agencies Market

    14.1. South Korea Insurance Agencies Market Overview

    14.2. South Korea Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Insurance Agencies Market

    15.1. Western Europe Insurance Agencies Market Overview

    15.2. Western Europe Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Insurance Agencies Market

    16.1. UK Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Insurance Agencies Market

    17.1. Germany Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Insurance Agencies Market

    18.5. France Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Insurance Agencies Market

    19.9. Italy Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Insurance Agencies Market

    20.13. Spain Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Insurance Agencies Market

    21.1. Eastern Europe Insurance Agencies Market Overview

    21.2. Eastern Europe Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Insurance Agencies Market

    22.1. Russia Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Insurance Agencies Market

    23.1. North America Insurance Agencies Market Overview

    23.2. North America Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Insurance Agencies Market

    24.1. USA Insurance Agencies Market Overview

    24.2. USA Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Insurance Agencies Market

    25.1. Canada Insurance Agencies Market Overview

    25.2. Canada Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Insurance Agencies Market

    26.1. South America Insurance Agencies Market Overview

    26.2. South America Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Insurance Agencies Market

    27.1. Brazil Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Insurance Agencies Market

    28.1. Middle East Insurance Agencies Market Overview

    28.2. Middle East Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Insurance Agencies Market

    29.1. Africa Insurance Agencies Market Overview

    29.2. Africa Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Insurance Agencies Market Competitive Landscape And Company Profiles

    30.1. Insurance Agencies Market Competitive Landscape

    30.2. Insurance Agencies Market Company Profiles

    30.2.1. McGriff Insurance Services LLC

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Marsh & McLennan Agency LLC

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Aon Plc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Brown & Brown Insurance Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. HUB International Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Insurance Agencies Market Competitive Benchmarking

    32. Global Insurance Agencies Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Insurance Agencies Market

    34. Insurance Agencies Market Future Outlook and Potential Analysis

    34.1 Insurance Agencies Market In 2028 - Countries Offering Most New Opportunities

    34.2 Insurance Agencies Market In 2028 - Segments Offering Most New Opportunities

    34.3 Insurance Agencies Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Insurance Agencies Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Insurance Agencies Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: McGriff Insurance Services LLC Financial Performance
  • Table 75: Marsh & McLennan Agency LLC Financial Performance
  • Table 76: Aon Plc. Financial Performance
  • Table 77: Brown & Brown Insurance Inc. Financial Performance
  • Table 78: HUB International Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Insurance Agencies Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Insurance Agencies Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Insurance Agencies Market, Segmentation By Insurance, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Insurance Agencies Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Insurance Agencies Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: McGriff Insurance Services LLC Financial Performance
  • Figure 75: Marsh & McLennan Agency LLC Financial Performance
  • Figure 76: Aon Plc. Financial Performance
  • Figure 77: Brown & Brown Insurance Inc. Financial Performance
  • Figure 78: HUB International Ltd. Financial Performance
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Frequently Asked Questions

What is the definition of the insurance agencies market?

An insurance agency is a business or individual authorized by an insurance company to sell their insurance products on their behalf. They find, write, and bind policies between their clients and insurance companies. For further insights on the insurance agencies market, request a sample here

How will the insurance agencies market drivers and restraints affect the insurance agencies market dynamics? What forces will shape the insurance agencies industry going forward?

The insurance agencies market major growth driver - increased public awareness of coverage benefits driving the insurance agency market. For further insights on the insurance agencies market, request a sample here

What is the forecast market size or the forecast market value of the insurance agencies market ?

The insurance agencies market size has grown steadily in recent years. It will grow from $125.25 billion in 2023 to $129.89 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to economic conditions, regulatory environment, demographics, competitive landscape. The insurance agencies market size is expected to see steady growth in the next few years. It will grow to $149.72 billion in 2028 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to customer expectations, climate change and natural disasters, esg (environmental, social, and governance) factors, health and wellness trends, insurance distribution channels, remote work and digital operations. Major trends in the forecast period include technology adoption, insurtech integration, data analytics and ai, customer-centric focus, product diversification, partnerships and alliances. For further insights on the insurance agencies market, request a sample here

How is the insurance agencies market segmented?

The insurance agencies market is segmented
1) By Insurance: Life Insurance, Property And Casualty Insurance, Health And Medical Insurance, Other Insurance
2) By Mode: Online, Offline
3) By End User: Corporate, Individual For further insights on the insurance agencies market,
request a sample here

Which region has the largest share of the insurance agencies market? What are the other regions covered in the report?

North America was the largest region in the insurance agencies accounting for in 2023. Western Europe was the second largest region in the insurance agencies market. The regions covered in the insurance agencies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the insurance agencies market, request a sample here.

Who are the major players in the insurance agencies market?

Major companies operating in the insurance agencies market include McGriff Insurance Services LLC, Marsh & McLennan Agency LLC, Aon PLC, Brown & Brown Insurance Inc., HUB International Ltd., USI Insurance Services, AXA Equitable Holdings Inc., Arthur J. Gallagher & Co, BRP Group Inc., Brookfield Residential Properties Inc., China United Insurance Service Inc., Corvel Corp, Crawford & Co, Equitable Holdings Inc., Erie Indemnity Co, Fanhua Inc., GoHealth Inc., Goosehead Insurance Inc., Hagerty Inc., Huize Holding Ltd., Prevention Insurance.Com, Reliance Global Group, RSC Insurance Brokerage Inc., IMA World Insurance Associates LLC, Higginbotham, Highstreet Insurance Partners Inc., Hilb Group LLC, Leavitt Group, Insurance Office of America Inc., Frankenmuth Insurance For further insights on the insurance agencies market, request a sample here.

What are the key trends in the insurance agencies market?

Major trend in the insurance agencies market - tech-driven advancements in the insurance agency market. For further insights on the insurance agencies market, request a sample here.

What are the major opportunities in the insurance agencies market? What are the strategies for the insurance agencies market?

For detailed insights on the major opportunities and strategies in the insurance agencies market, request a sample here.

How does the insurance agencies market relate to the overall economy and other similar markets?

For detailed insights on insurance agencies market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the insurance agencies industry?

For detailed insights on the mergers and acquisitions in the insurance agencies industry, request a sample here.

What are the key dynamics influencing the insurance agencies market growth? SWOT analysis of the insurance agencies market.

For detailed insights on the key dynamics influencing the insurance agencies market growth and SWOT analysis of the insurance agencies industry, request a sample here.