Analysis

Briefing: Brokers likely to face a choice as top 20 dominance increases

By Jon Guy 2023-06-07T09:48:00

top heavy big players

The increasing concentration of market share among the sector’s biggest players presents the rest of the industry with a question

By Jon Guy 

As the day the World Bank warned global growth was projected to decelerate from 3.1% in 2022 to 2.1% in 2023 yesterday (6 June 2023), there was better news for insurance brokers.

According to the latest rankings and analyses by research company Insuramore, the value of the worldwide market for insurance broking in terms of fees and commissions earned was…

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