Consolidation in Insurance Brokerage Market Is One of the Major Trends Says a 2018 New Research Report at Sandlerresearch.org
Dallas, Texas (PRWEB) October 09, 2014 -- One of the major trends upcoming in the market is an increased consolidation in the industry. Intense competition in the market and a decline in organic growth, has forced large brokerage firms to pursue M&A strategies in order to retain and expand their market shares.
According to the “Global Insurance Brokerage Market 2014-2018” report, the demand for insurance brokerage services depends on consumers' income and business activity. When an economy expands, there is a rise in consumer income and business activity, which ultimately increases the demand for insurance products.
Insurance brokers play a vital role in the Insurance industry; they act as an intermediary between the policyholders and the insurers. They provide professional and technical advice to their clients about insurance products from a range of Insurance carriers according to their clients’ needs. The major insurance products sold by the insurance brokers include property and casualty, health, and medical insurance. The revenue of insurance brokerage firms are dependent on the demand for insurance and the popularity of using brokers as channel for distributing and purchasing insurance.
The Global Insurance Brokerage Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, and the ROW; it also covers the Global Insurance Brokerage market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Insurance Brokerage Market: Aon plc, Arthur J. Gallagher & Co., Marsh & McLennan Cos. and Willis Group Holdings Ltd.
Other Prominent Vendors in the market are: BB&T Insurance Services, Brown & Brown, HUB International, Jardine Lloyd Thompson Group, Meadowbrook Insurance Group, National Financial Partners and Wells Fargo Insurance Services.
Order a copy of this report at (Prices start at US $2500 for a single user PDF) http://www.sandlerresearch.org/purchase?rname=25152.
Market Driver
- Growing Demand in Developing Countries
- For a full, detailed list, view our report
Market Trend
- Consolidation in the Industry
- For a full, detailed list, view our report
Further, the report states that slow growth in mature markets acts as an obstacle for the growth of the Global Insurance Brokerage market. A fall in demand for insurance products and economic volatility in Europe and other mature markets has directly affected insurance brokerage services.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Geographical Segmentation
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Activities in the Insurance Distribution Process
Exhibit 3: Global Insurance Brokerage Market 2013-2018 (US$ billions)
Exhibit 4: Insurance Brokerage Value Chain Analysis
Exhibit 5: PEST Analysis for Insurance Brokerage Industry
Exhibit 6: Global Insurance Brokerage Market 2013
Exhibit 7: Insurance Brokerage Market in the North America 2013-2018 (US$ billions)
Exhibit 8: Canada Non-Life Insurance Market Segmentation by Product Type
Exhibit 9: Key Insurance Brokers in Canada
Exhibit 10: US Non-Life Insurance Market Segmentation by Product Type
Exhibit 11: Key Insurance Brokers in the US
Exhibit 12: Insurance Brokerage Market in Europe 2013-2018 (US$ billions)
Exhibit 13: France Non-Life Insurance Market Segmentation by Product Type
Exhibit 14: Key Insurance Brokers in France
Exhibit 15: Germany Non-Life Insurance Market Segmentation by Product Type
Exhibit 16: Key Insurance Brokers in Germany
Exhibit 17: Italy Non-Life Insurance Market Segmentation by Product Type
Exhibit 18: Key Insurance Brokers in Italy
Exhibit 19: UK Non-Life Insurance Market Segmentation by Product Type
Exhibit 20: Key Insurance Brokers in UK
And more
Explore other new research reports on Banking & Finance Market.
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Sandlerresearch.org (http://www.sandlerresearch.org/) is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.
Ritesh Tiwari, Sandlerresearch.org, http://www.sandlerresearch.org/, +1 (888) 391-5441, [email protected]
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