Insurance Brokerage Market Is Likely To Up Demand At A USD 524.80 Billion By 2030
San Francisco, 17 Oct 2024: The Report Insurance Brokerage Market Size, Share & Trends Analysis Report By Insurance (Life Insurance, Property & Casualty Insurance), By Brokerage, By End Use (Individual, Corporate), By Region, And Segment Forecasts, 2024 - 2030 The global insurance brokerage market size to reach USD 524.80 billion in 2030 and is expected to grow at a CAGR of 9.2% from 2024 to 2030. The rising demand for insurance products drives the growth of the market. As economies expand, more individuals and businesses seek to protect their assets, income, and health through insurance. Economic growth often correlates with a rising disposable income, enabling more people to afford insurance coverage. Additionally, as the population grows, potential insurance customers increase, driving demand for a wide range of insurance products, from life and health insurance to property and casualty insurance. Insurance brokers help customers navigate the often complex and varied in