Insurance Brokers in the United States of America (USA) - Market Summary, Competitive Analysis and Forecast to 2025

Insurance Brokers in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The insurance brokers market is valued in relation to the total brokerage revenue of General Insurance and Life Insurance & Pension.
The US insurance brokers sector had total revenues of $2.8bn in 2020, representing a compound annual growth rate (CAGR) of 5.3% between 2016 and 2020.
The general insurance segment was the sector's most lucrative in 2020, with total revenues of $1.6bn, equivalent to 57.5% of the sector's overall value.
The value of the US insurance brokers sector grew by 3.4% in 2020, demonstrating resilience during the COVID-19 pandemic, which reduced demand for insurance products.

Scope

Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance brokers market in the United States
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance brokers market in the United States
Leading company profiles reveal details of key insurance brokers market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the United States insurance brokers market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the United States insurance brokers market by value in 2020?
What will be the size of the United States insurance brokers market in 2025?
What factors are affecting the strength of competition in the United States insurance brokers market?
How has the market performed over the last five years?
Who are the top competitors in the United State's insurance brokers market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What has been the recent M&A activity?
7.5. How did leading players perform in 2020?
7.6. What challenges do the leading players face?

8 Company Profiles

8.1. Marsh & McLennan Companies Inc
8.2. Aon Plc
8.3. Willis Towers Watson PLC
8.4. Arthur J. Gallagher & Co

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Author

List of Tables

Table 1: United States insurance brokers sector value: $ billion, 2016-20
Table 2: United States insurance brokers sector category segmentation: $ billion, 2020
Table 3: United States insurance brokers sector geography segmentation: $ billion, 2020
Table 4: United States insurance brokers sector value forecast: $ billion, 2020-25
Table 5: Marsh & McLennan Companies Inc: key facts
Table 6: Marsh & McLennan Companies Inc: Annual Financial Ratios
Table 7: Marsh & McLennan Companies Inc: Key Employees
Table 8: Marsh & McLennan Companies Inc: Key Employees Continued
Table 9: Aon Plc: key facts
Table 10: Aon Plc: Annual Financial Ratios
Table 11: Aon Plc: Key Employees
Table 12: Aon Plc: Key Employees Continued
Table 13: Willis Towers Watson PLC: key facts
Table 14: Willis Towers Watson PLC: Annual Financial Ratios
Table 15: Willis Towers Watson PLC: Key Employees
Table 16: Willis Towers Watson PLC: Key Employees Continued
Table 17: Arthur J. Gallagher & Co: key facts
Table 18: Arthur J. Gallagher & Co: Annual Financial Ratios
Table 19: Arthur J. Gallagher & Co: Annual Financial Ratios (Continued)
Table 20: Arthur J. Gallagher & Co: Key Employees
Table 21: Arthur J. Gallagher & Co: Key Employees Continued
Table 22: United States size of population (million), 2016-20
Table 23: United States gdp (constant 2005 prices, $ billion), 2016-20
Table 24: United States gdp (current prices, $ billion), 2016-20
Table 25: United States inflation, 2016-20
Table 26: United States consumer price index (absolute), 2016-20
Table 27: United States exchange rate, 2016-20

List of Figures

Figure 1: United States insurance brokers sector value: $ billion, 2016-20
Figure 2: United States insurance brokers sector category segmentation: % share, by value, 2020
Figure 3: United States insurance brokers sector geography segmentation: % share, by value, 2020
Figure 4: United States insurance brokers sector value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance brokers sector in the United States, 2020
Figure 6: Drivers of buyer power in the insurance brokers sector in the United States, 2020
Figure 7: Drivers of supplier power in the insurance brokers sector in the United States, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in the United States, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in the United States, 2020
Figure 10: Drivers of degree of rivalry in the insurance brokers sector in the United States, 2020

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Marsh & McLennan Companies Inc
Aon Plc
Willis Towers Watson PLC
Arthur J. Gallagher & Co

Table Information

Report Attribute	Details
No. of Pages	49
Published	October 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 2824.48 Billion
Forecasted Market Value ( USD ) by 2025	$ 3464.37 Billion
Compound Annual Growth Rate	4.1%
Regions Covered	United States

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€342EUR$350USD£285GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€684EUR$700USD£571GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€1026EUR$1,050USD£856GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Table Information

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