Commercial Non-Life Insurance Brokers in the USA

Commercial Non-Life Insurance Brokers in the USA, plus the BrokerBASE™ and market data file that accompany it, investigates the importance of brokers and independent agencies in the distribution of property and casualty (non-life) insurance for business, public sector and not-for-profit customers in the US. This study first provides unique data concerning the size, segmentation and growth of the US commercial property and casualty insurance market itself. It then quantifies the share of this market that is intermediated by brokers and independent agencies and, based on extensive primary research covering all significant broking entities, it ranks the leading 80 brokers and independent agencies in the US according to their approximate revenues derived from commercial property and casualty insurance, excluding income from other activities such as personal lines and employee benefits consulting.

This study provides unique data in the following areas:

• the value of commercial property and casualty insurance markets from 2011 to 2015 with a segmentation between commercial liability, auto, property, MAT and other premiums and with a split for 2015 alone by size of insured entity (i.e. micro, small, medium, large and very large customers);
• the distribution share of brokers and independent agencies in this market in both 2011 and 2015 and the revenues consequently generated by them in each year that represent the value of the market for commercial lines broking in the US;
• the approximate segmentation of commercial lines broking revenues by size of insured entity (i.e. again with a split across micro, small, medium, large and very large customers);
• the combined share of commercial lines broking revenues of the top three and top ten brokers in 2015 with this data broken out in the BrokerBASE™ for each of the top 80 brokers and independent agencies in the US;
• also for the top 80 brokers and independent agencies, the approximate segmentation of their total broking revenues in 2015 (expressed as a percentage range) between commercial lines, personal lines, employee benefits plus life / health insurance, and wholesale insurance / reinsurance;
• forecasts for 2019 for the value of commercial property and casualty insurance premiums, the distribution share of brokers and independent agencies within this market and the revenues predicted to be generated by brokers and independent agencies in that year from commercial lines.

• to quantify the size and structure of both the underlying commercial property and casualty insurance sector and the associated commercial lines broking market in the US;
• to understand how the value of both of these is likely to segment by size of insured customer;
• to understand the competitive landscape for commercial lines broking in the US as defined by market concentration, the presence of international brokers and the business mix of the top 80 competitors;
• to identify the leading commercial lines brokers and independent agencies in the US, with coverage of competitors such as Aon, Arthur J. Gallagher, BB&T Insurance Services, Marsh & McLennan Companies and Willis Towers Watson.