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(MoneyNewsWire.Net, November 24, 2016 ) A nation's economic growth usually drives its citizen's income and business activities. The rise in spending power of the people drives demands for various products and services, including insurance products among others. Growing demand for insurance products in developing countries such as India, China, and nations in Southeast Asia has heralded the entry of new insurance agents (or brokers) that earn huge sums as brokerage fees.
Market competition is based on services, product features, prices, commission structures, financial strength and resources, customer bases, geographical presence, and brand recognition.
Publisher's analysts forecast the Global Insurance Brokerage Market to grow at a CAGR of 4.27% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-insurance-brokerage-market-2016-2020 .
Covered in this report
The report covers the present scenario and the growth prospects of the Global Insurance Brokerage Market for 2016-2020. To calculate the market size, the report considers the revenue generated primarily through the fees paid by clients; commissions and fees collected from the insurers; and funds that are held on behalf of the clients.
The market is divided into the following segments based on geography:
- Europe
- North America
- ROW
Publisher's report, Global Insurance Brokerage Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Aon
- Arthur J. Gallagher
- Willis
- Marsh and McLennan
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001239288/sample .
Other prominent vendors
- BB&T Insurance Services
- Brown & Brown
- HUB International
- Jardine Lloyd Thompson Group
- Meadowbrook Insurance Group
- National Financial Partners
Market driver
- Rise in middle-income customer group and HNW clients in developing countries
- For a full, detailed list, view our report
Market challenge
- Direct purchase of polices from insurance firms
- For a full, detailed list, view our report
Market trend
- Adoption of big data analytics and incorporation of BI
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001239288/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
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