Financial Services & Insurance Research News

insurance brokerage report on United States and global market just published

insurance brokerage report on United States and global market just published

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; Learn details of the Status And Forecast, By Players, Types And Applications

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The Global Insurance Brokerage Market to grow at a CAGR of 4.27% during the period 2016-2020.

 commissions and fees collected from the insurers; and funds that are held on behalf of the clients. The report also includes a discussion of the key vendors operating in this market.

A nation's economic growth usually drives its citizen's income and business activities.

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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.

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