Home > Financial > Significant Growth Opportunities for Bancassurance In The Global Insurance Brokers And Agents Market

Significant Growth Opportunities for Bancassurance In The Global Insurance Brokers And Agents Market

Added: (Wed Oct 10 2018)

Pressbox (Press Release) - The insurance brokers and agents market is primarily engaged in acting as intermediaries (i.e., agents, brokers) in selling annuities and insurance policies. They represent consumers in insurance transactions. Insurance brokers and agents can be contracted with single or multiple insurance companies as they try to meet different client needs with suitable insurance products. This market excludes the direct selling of insurance products by insurance companies.
The insurance brokers and agents market in this report is segmented into agencies, brokers, bancassurance and other intermediaries.

Order report at:

The global insurance brokers and agents market has been growing in the past years with a CAGR of almost 4%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the global insurance brokers and agents market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

Download sample report at:

Bancassurance is gaining prominence within the insurance intermediation industry. This distribution channel is being used by banks to cross-sell its products and services and generate additional revenue. Bancassurance also benefits the insurance company by providing an exposure to a wider customer base via the bank’s distribution network of agents and branches.cx The adoption of more diversified and enhanced products offered by banks is expected to drive the bancassurance market at a CAGR of nearly 8% to 2019.

Request for discount: https://www.thebusinessresearchcompany.com/sample.aspx?id=232&type=discount

Companies included in the report are Marsh & McLennan Cos. Inc., Willis Towers Watson P.L.C., Aon P.L.C., Arthur J. Gallagher & Co., and Brown & Brown Inc.

About The Business Research Company:
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

Submitted by:srikanth
Disclaimer: Pressbox disclaims any inaccuracies in the content contained in these releases. If you would like a release removed please send an email to remove@pressbox.co.uk together with the url of the release.