DUBLIN, October 17, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/23h4sw/global_insurance) has announced the addition of the "Global Insurance Brokerage Market 2014-2018" report to their offering.
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Insurance brokers play a vital role in the Insurance industry; they act as an intermediary between the policyholders and the insurers. They provide professional and technical advice to their clients about insurance products from a range of Insurance carriers according to their clients' needs. The major insurance products sold by the insurance brokers include property and casualty, health, and medical insurance. The revenue of insurance brokerage firms are dependent on the demand for insurance and the popularity of using brokers as channel for distributing and purchasing insurance.
The analysts forecast the Global Insurance Brokerage market to grow at a CAGR of 4.07 percent over the period 2013-2018.
The report, the Global Insurance Brokerage Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, and the ROW; it also covers the Global Insurance Brokerage market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major trends upcoming in the market is an increased consolidation in the industry. Intense competition in the market and a decline in organic growth, has forced large brokerage firms to pursue M&A strategies in order to retain and expand their market shares.
According to the report, the demand for insurance brokerage services depends on consumers' income and business activity. When an economy expands, there is a rise in consumer income and business activity, which ultimately increases the demand for insurance products.
Further, the report states that slow growth in mature markets acts as an obstacle for the growth of the Global Insurance Brokerage market. A fall in demand for insurance products and economic volatility in Europe and other mature markets has directly affected insurance brokerage services.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Geographical Segmentation
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
- Arthur J. Gallagher
- Marsh & McLennan
- Willis Group Holding
- BB&T Insurance Services
- Brown & Brown
- Hub International
- Jardine Lloyd Thompson Group
- Meadowbrook Insurance Group
- National Financial Partners
- Wells Fargo Insurance Services
For more information visit http://www.researchandmarkets.com/research/23h4sw/global_insurance
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets