Insurance Brokerage Market Size, Share & Industry Analysis, By Broker Type (Retail Brokerage, Wholesale Brokerage, and Reinsurance Brokerage), By Insurance Type (Life and Health Insurance, Home Insurance, Auto Insurance, Travel Insurance, Property and Liability Insurance, Cyber Insurance, Commercial Auto Insurance, and Others), By Distribution Channel (Online and Offline), By End User (B2C and B2B), and Regional Forecast, 2025 – 2032

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DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 9.5% from 2025 to 2032

Unit

Value (USD Billion)

Segmentation

By Broker Type

• Retail Brokerage
• Wholesale Brokerage
• Reinsurance Brokerage

By Insurance Type

• Life and Health Insurance
• Home Insurance
• Auto Insurance
• Travel Insurance
• Property and Liability Insurance
• Cyber Insurance
• Commercial Auto Insurance
• Others

By Distribution Channel

• Online
• Offline

By End User

• B2B
• B2C

By Region

• North America (By Broker Type, By Insurance Type, By Distribution Channel, By End User, and By Country)
  • U.S.
  • Canada
  • Mexico
• Europe (By Broker Type, By Insurance Type, By Distribution Channel, By End User, and By Country)
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Benelux
  • Nordics
  • Rest of Europe
• Asia Pacific (By Broker Type, By Insurance Type, By Distribution Channel, By End User, and By Country)
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Oceania
  • Rest of Asia Pacific
• Middle East & Africa (By Broker Type, By Insurance Type, By Distribution Channel, By End User, and By Country)
  • Turkey
  • Israel
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• South America (By Broker Type, By Insurance Type, By Distribution Channel, By End User, and By Country)
  • Brazil
  • Argentina
  • Rest of South America

Companies Profiled in the Report

•          Marsh & McLennan Companies (U.S.)

•          Aon plc (U.K.)

•          Arthur J. Gallagher & Co. (U.S.)

•          Acrisure LLC (U.S.)

•          Brown & Brown Inc. (U.S.)

•          BMS Group Ltd. (Canada)

•          TIH (U.S.)

•          Alliant Insurance Services, Inc. (U.S.)

•          Lockton Inc. (U.S.)

•          Policybazaar Insurance Brokers Pvt. Ltd. (India)