Insurance Brokers Global Market Briefing 2017 Including:Insurance Brokers Covering: Marsh & McLennan Cos. Inc., Aon P.L.C. and Willis Towers Watson P.L.C. was a professional and depth research report that you would know the world’s major regional market conditions of Insurance Brokers industry. The Report Spread Across 35 Pages With Tables And Figures In It.
Brokers are engaged as intermediaries in selling annuities and insurance policies. These companies offer wide range of insurance products from various insurance carriers. These entities charge premium or commission from insurance companies as well as from customers.
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The Americas was the x largest geographic region in the insurance brokers services market in 2016, accounting for $x billion or x% of the global market. Asia was the x largest geographic market, accounting for $x billion or x% of the global market. Europe was the x largest geographic market, accounting for $x billion or x% of the global market. The Middle East and Africa accounted for x% and $x billion, while Oceania accounted for x% of the global insurance brokers market.
Entrance of Nontraditional Firms in the Insurance Brokers Market
Nontraditional companies such as Google, Amazon and Walmart are entering the insurance intermediary market to capitalize on their brand image, large capital and customer base. Their primary focus is on distribution of health, property and casualty insurance products. In line with this trend, these companies are also entering into partnerships, joint ventures and alliances with other established insurance carriers to offer insurance products and services to their customers. For instance, Walmart and Autoinsurance.com formed an alliance in 2014. Similarly, Magma Fincorp and HDI-Gerling came together to form a joint venture in 2015. These collaboration have enabled new entrants to acquire market knowledge and understand the industry dynamics.
Insurance brokers and agents should consider collaborating with cash rich companies to increase their service offerings and market share.
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2. Insurance Brokers Market Characteristics
3. Insurance Brokers Market Historic Growth
Drivers of the Market
Restraints on the Market
4. Insurance Brokers Market Forecast Growth
Drivers of the Market
Restraints on the Market
5. Insurance Brokers Market Comparison With Other Insurance Brokers and Agents Markets
6. Insurance Brokers Market Geography Split
7. Insurance Brokers Market Segmentation
8. Insurance Brokers Competitive Landscape
Industrial and Commercial Bank of China, Bank of America and Agricultural Bank of China
9. Key Mergers And Acquisitions In Insurance Brokers Market
10. Insurance Brokers Market Trends and Strategies
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2016: Trends to Watch in Wealth Management
The face of global wealth management is very different to five years ago. Many of the large international players have gone or are undergoing significant restructures as they adapt to the post-inancial crisis world. The universal banking model of old is diminishing and many players are stepping back from investment banking. At the same time, banks are now much more selective in their approach to global expansion -o longer is it a case of the more countries the better. Today’s wealth managers are having to slim down and hone their propositions. The previously rich pickings of the offshore wealth management industry are becoming ever slimmer with the advent of the OECD’s Common Reporting Standards; meanwhile the march towards commission bans is pushing the industry to a fee-ased advice model. All of this, together with advances in the digital world and fintech disruption, means wealth managers are being pushed to rethink their approach to the delivery of investment advice and who they deliver it to.
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