The Business Research Company’s latest report Insurance Brokers And Agents Global Market Report 2020 covers Insurance Brokers And Agents market drivers, Insurance Brokers And Agents market trends, Insurance Brokers And Agents market segments, Insurance Brokers And Agents market growth rate, Insurance Brokers And Agents market major players, and Insurance Brokers And Agents market size. The report provides in-depth analysis of the impact of COVID-19 on the Insurance Brokers And Agents industry, along with revised market numbers due to the effects of the coronavirus.
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Insurance Brokers And Agents Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global insurance brokers And agents market is expected to decline from $362.7 billion in 2019 to $358.3 billion in 2020 at a compound annual growth rate (CAGR) of -1.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $426.6 billion in 2023.
The report covers the Insurance Brokers And Agents market’s segments-
1) By Type: Insurance Agencies, Insurance Brokers, Bancassurance, Other Intermediaries
2) By End User: Corporate, Individual
3) By Mode: Online, Offline
4) By Insurance: Life Insurance, Property And Casualty Insurance, Health And Medical Insurance.
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