The global insurance brokerage market size accounted for USD 314.00 billion in 2024, grew to USD 342.92 billion in 2025 and is expected to be worth around USD 757.80 billion by 2034, registering a solid CAGR of 9.21% between 2024 and 2034. The North America insurance brokerage market size is calculated at USD 106.76 billion in 2024 and is expected to grow at a CAGR of 9.35% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Insurance Brokerage Industry Impact
5.2. COVID-19 Impact Assessment for the Industry
5.3. COVID-19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Insurance Brokerage Market, by Insurance, 2024-2034
8.1.1 Life Insurance
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Property & Casualty Insurance
8.1.2.1. Market Revenue and Forecast (2021-2034)
9.1. Insurance Brokerage Market, by Brokerage, 2024-2034
9.1.1. Retail
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Wholesale
9.1.2.1. Market Revenue and Forecast (2021-2034)
10.1. Insurance Brokerage Market, by End Use, 2024-2034
10.1.1. Individual
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Corporate
10.1.2.1. Market Revenue and Forecast (2021-2034)
11.1. North America
11.1.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.1.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.1.3. Market Revenue and Forecast, by End Use (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.1.4.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.1.4.3. Market Revenue and Forecast, by End Use (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.1.5.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.1.5.3. Market Revenue and Forecast, by End Use (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.2.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.2.3. Market Revenue and Forecast, by End Use (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.2.4.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.2.4.3. Market Revenue and Forecast, by End Use (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.2.5.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.2.5.3. Market Revenue and Forecast, by End Use (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.2.6.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.2.6.3. Market Revenue and Forecast, by End Use (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.2.7.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.2.7.3. Market Revenue and Forecast, by End Use (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.3.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.3.3. Market Revenue and Forecast, by End Use (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.3.4.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.3.4.3. Market Revenue and Forecast, by End Use (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.3.5.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.3.5.3. Market Revenue and Forecast, by End Use (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.3.6.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.3.6.3. Market Revenue and Forecast, by End Use (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.3.7.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.3.7.3. Market Revenue and Forecast, by End Use (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.4.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.4.3. Market Revenue and Forecast, by End Use (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.4.4.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.4.4.3. Market Revenue and Forecast, by End Use (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.4.5.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.4.5.3. Market Revenue and Forecast, by End Use (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.4.6.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.4.6.3. Market Revenue and Forecast, by End Use (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.4.7.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.4.7.3. Market Revenue and Forecast, by End Use (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.5.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.5.3. Market Revenue and Forecast, by End Use (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.5.4.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.5.4.3. Market Revenue and Forecast, by End Use (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Insurance (2021-2034)
11.5.5.2. Market Revenue and Forecast, by Brokerage (2021-2034)
11.5.5.3. Market Revenue and Forecast, by End Use (2021-2034)
12.1. Marsh & McLennan Companies, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Aon plc
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Willis Towers Watson
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Arthur J. Gallagher & Co.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Brown & Brown, Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Lockton Companies
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Alliant Insurance Services
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. HUB International Limited
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Edgewood Partners Insurance Center (EPIC)
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. USI Insurance Services
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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