2012-10-07 15:28:51 - Recently published research from IBISWorld, "Insurance Brokers & Agencies in the US", is now available at Fast Market Research
Fully covered: Improving car sales and homeownership rates will aid demand for insurance
Insurance Brokers & Agencies in the US
Revenue has remained relatively strong during the recession because of the constant need for insurance coverage in times of economic growth and decline. Still, the recovery will likely cause demand and revenue to pick up after high unemployment and other economic factors cut into growth. As more people buy cars and homes again and purchase health insurance, demand for insurance brokers and agents will rise. However, the industry will also face competition from online brokerage businesses and direct insurance sales models.
This industry includes individuals and businesses that primarily act as agents or brokers in selling annuities and insurance policies. Industry participants
earn commission income, mostly as a percentage of the premium of insurance policies sold. They also earn some fee income for providing risk management consulting and other value-added services. This industry is only composed of independent brokers and agencies.
Full Report Details at
- www.fastmr.com/prod/460004_insurance_brokers_agencies_in_the_us. ..
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Companies Mentioned in this Report: Aon Corporation, Willis Group Holdings, Arthur J. Gallagher & Co., Marsh & McLennan Companies Inc.
Report Table of Contents:
INDUSTRY AT A GLANCE
Key External Drivers
Industry Life Cycle
PRODUCTS & MARKETS
Products & Services
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Technology & Systems
Regulation & Policy
JARGON & GLOSSARY
IBISWorld's Industry Intelligence can assist in making better business decisions about strategies and revenue generation by gaining an instant understanding of an unfamiliar or familiar industry faster & more conveniently than previously possible. IBISWorld's reports cover over 700 United States industries - everything from Shoes Stores to Gold Ore Mining and all industries in between. In addition to their core Industry Report product, they also publish over 700 US Industry Risk Rating Reports, over 700 Industry Profiles, over 8000 Publicly Traded US Companies as well as hundreds of Economic & Demographic Profiles. View more research from IBISWorld at www.fastmr.com/catalog/publishers.aspx?pubid=1007
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