Summary
Insurance Brokers in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the United States insurance brokers market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- The insurance brokers market is valued in relation to the total brokerage revenue of non-life insurance and reinsurance brokerage firms. All currency conversions have been carried out at constant annual average 2017 exchange rates.
- The US insurance brokers sector had total revenues of $27.8bn in 2017, representing a compound annual growth rate (CAGR) of 6.7% between 2013 and 2017.
- The primary insurance segment was the sector's most lucrative in 2017, with total revenues of $27.3bn, equivalent to 98.3% of the sector's overall value.
- The sector has benefited from the Private Patient Affordable Care Act, which since 2014 mandates that all Americans must have healthcare insurance.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
Reasons to buy
- What was the size of the United States insurance brokers market by value in 2017?
- What will be the size of the United States insurance brokers market in 2022?
- 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?
- What are the main segments that make up the United States's insurance brokers market?
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Table of Contents
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market Segmentation 10
Category segmentation 10
Geography segmentation 11
Market Outlook 12
Market value forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Threat of substitutes 18
Degree of rivalry 19
Leading Companies 21
Aon Plc 21
Arthur J. Gallagher & Co 25
Marsh & McLennan Companies, Inc. 30
Willis Towers Watson Public Limited Company 34
Macroeconomic Indicators 38
Country data 38
Methodology 40
Industry associations 41
Related MarketLine research 41
Appendix 42
About MarketLine 42
List of Tables
Table 1: United States insurance brokers sector value: $ billion, 2013-17
Table 2: United States insurance brokers sector category segmentation: $ billion, 2017
Table 3: United States insurance brokers sector geography segmentation: $ billion, 2017
Table 4: United States insurance brokers sector value forecast: $ billion, 2017-22
Table 5: Aon Plc: key facts
Table 6: Aon Plc: key financials ($)
Table 7: Aon Plc: key financial ratios
Table 8: Arthur J. Gallagher & Co: key facts
Table 9: Arthur J. Gallagher & Co: key financials ($)
Table 10: Arthur J. Gallagher & Co: key financial ratios
Table 11: Marsh & McLennan Companies, Inc.: key facts
Table 12: Marsh & McLennan Companies, Inc.: key financials ($)
Table 13: Marsh & McLennan Companies, Inc.: key financials (€)
Table 14: Marsh & McLennan Companies, Inc.: key financial ratios
Table 15: Willis Towers Watson Public Limited Company: key facts
Table 16: Willis Towers Watson Public Limited Company: key financials ($)
Table 17: Willis Towers Watson Public Limited Company: key financial ratios
Table 18: United States size of population (million), 2013-17
Table 19: United States gdp (constant 2005 prices, $ billion), 2013-17
Table 20: United States gdp (current prices, $ billion), 2013-17
Table 21: United States inflation, 2013-17
Table 22: United States consumer price index (absolute), 2013-17
Table 23: United States exchange rate, 2013-17
List of Figures
Figure 1: United States insurance brokers sector value: $ billion, 2013-17
Figure 2: United States insurance brokers sector category segmentation: % share, by value, 2017
Figure 3: United States insurance brokers sector geography segmentation: % share, by value, 2017
Figure 4: United States insurance brokers sector value forecast: $ billion, 2017-22
Figure 5: Forces driving competition in the insurance brokers sector in the United States, 2017
Figure 6: Drivers of buyer power in the insurance brokers sector in the United States, 2017
Figure 7: Drivers of supplier power in the insurance brokers sector in the United States, 2017
Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in the United States, 2017
Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in the United States, 2017
Figure 10: Drivers of degree of rivalry in the insurance brokers sector in the United States, 2017
Figure 11: Aon Plc: revenues & profitability
Figure 12: Aon Plc: assets & liabilities
Figure 13: Arthur J. Gallagher & Co: revenues & profitability
Figure 14: Arthur J. Gallagher & Co: assets & liabilities
Figure 15: Marsh & McLennan Companies, Inc.: revenues & profitability
Figure 16: Marsh & McLennan Companies, Inc.: assets & liabilities
Figure 17: Willis Towers Watson Public Limited Company: revenues & profitability
Figure 18: Willis Towers Watson Public Limited Company: assets & liabilities
