Insurance Brokers & Agencies in the US - IBISWorld Industry Market Research

Insurance Brokers & Agencies in the US

Insurance Brokers & Agencies in the US - IBISWorld Industry Market Research
Insurance Brokers & Agencies in the US
Published Sep 18, 2015
44 pages — Published Sep 18, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report


The Insurance Brokers and Agencies industry experienced subdued growth over the five years to 2015 due to tempered disposable income levels and delayed purchases of homes and consumer durables. The industry has also faced increased competition from underwriters that provide insurance services directly to clients, threatening revenue growth. In the five years to 2020, improvements in car sales, homeownership rates and employment levels are all anticipated to drive revenue. In addition, the unemployment rate is expected to decline, increasing demand for property and casualty insurance. However, the industry will continue to face pricing pressures from external competition, such as online carriers.

This industry includes individuals and businesses that primarily act as agents or brokers in selling insurance policies and annuities. Industry participants earn commission income, mostly as a percentage of the premium of insurance policies sold. They also earn some fee income for providing risk management consulting and other value-added services. This industry is only composed of independent brokers and agencies.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Insurance Brokers & Agencies in the US" Sep 18, 2015. Alacra Store. Oct 22, 2016. <>
IBISWorld Industry Market Research. (2015). Insurance Brokers & Agencies in the US Sep 18, 2015. New York, NY: Alacra Store. Retrieved Oct 22, 2016 from <>
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