Financial Services

Global Insurance Agencies Market Overview And Prospects

Learn about the global insurance agencies market through The Business Research Company, which provides information on insurance agencies market size, insurance agencies market drivers and restraints, insurance agencies market players, the COVID-19 impact on the insurance agencies market, and more.


The global insurance agencies market size is expected to grow from $116.43 billion in 2021 to $123.92 billion in 2022 at a compound annual growth rate (CAGR) of 6.4%. The global insurance agency market size is expected to grow to $148.99 billion in 2026 at a CAGR of 4.7%.

Increased awareness about the benefits of insurance coverage is expected to drive the insurance agency’s market.


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The insurance agencies market consists of sales of insurance policies by entities (organizations, sole traders, and partnerships) that act as agents in selling annuities and insurance policies. The insurance agencies are the agencies that are helpful for the insurance seekers to take insurance.


Global Insurance Agencies Market Segments Include:

By Insurance: Life Insurance, Property and Casualty Insurance, Health and Medical Insurance, Others

By Mode: Online, Offline

By End-User: Corporate, Individual

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the insurance agencies accounting for in 2021.


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.


TBRC’s insurance agencies market report covers:

Major Market Players: McGriff Insurance Services, Marsh & McLennan Agency LLC, Aon PLC, Brown & Brown Insurance Inc., HUB International Ltd., and USI Insurance Services.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)


The Insurance Agencies Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides insurance agencies market overviews, analyzes and forecasts market size, share, insurance agencies market players, insurance agencies market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s insurance agencies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.


Here Is A List Of Similar Reports From The Business Research Company:

Insurance, Reinsurance And Insurance Brokerage Global Market Report 2022

Life And Health Reinsurance Global Market Report 2022

Insurance Brokers & Agents Global Market Report 2022


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