Insurance Brokers Market 2021-2025: Global Drivers, Share, Growth Factors, Opportunities And Challenges – Press Release

Insurance Brokers Market

Insurance Brokers Market

The Business Research Company offers “Insurance Brokers Global Market Report 2021: COVID 19 Impact And Recovery To 2030″ in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The insurance brokers market report describes and explains the global insurance brokers market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The insurance brokers market consists of sales of insurance policies by entities (organizations, sole traders, and partnerships) that act as intermediaries (i.e., agents or brokers) in selling annuities and insurance policies. Only goods and services traded between entities or sold to end consumers are included.

The global insurance brokers market is expected to grow from $88.16 billion in 2020 to $92.2 billion in 2021 at a compound annual growth rate (CAGR) of 4.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $113.99 billion in 2025 at a CAGR of 5.4%.

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Some of the major players of the insurance brokers market are Aon Plc, Arthur J. Gallagher & Co, BB&T Corp., Brown & Brown Insurance Inc, HUB International Ltd., Marsh & McLennan Companies Inc.

The countries covered in the global insurance brokers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global insurance brokers market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global insurance brokers market is segmented –
1) By Type: Life Insurance, General Insurance, Health Insurance, Others
2) By Mode: Offline, Online
3) By End User: Corporate, Individual

Read More On The Global Insurance Brokers Market Report:

Few Points From Table Of Content
1. Executive Summary
2. Insurance Brokers Market Characteristics
3. Insurance Brokers Market Trends And Strategies
4. Impact Of Covid-19 On Insurance Brokers
5. Insurance Brokers Market Size And Growth
27. Insurance Brokers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Insurance Brokers Market
29. Insurance Brokers Market Future Outlook And Potential Analysis
30. Appendix

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This release was published on openPR.