Market Overview

According to fortune business insights, the global insurance brokerage market size was valued at USD 125.36 billion in 2025. The market is projected to grow from USD 137.14 billion in 2026 to USD 282.45 billion by 2034, exhibiting a CAGR of 9.50% during the forecast period. North America dominated the market with a share of 37.50% in 2025.

The analysis shows that key companies have adopted multiple strategies to drive business growth, including strengthening client relationships, leveraging digital marketing, and adapting to evolving market trends. This trend indicates a strong demand for brokerage services worldwide.

Major Players Profiled in the Market Report:

• Marsh & McLennan Companies (U.S.)
• Aon plc (U.K.)
• Arthur J. Gallagher & Co. (U.S.)
• Acrisure LLC (U.S.)
• Brown & Brown Inc. (U.S.)
• BMS Group Ltd. (Canada)
• TIH (U.S.)
• Alliant Insurance Services, Inc. (U.S.)
• Lockton Inc. (U.S.)
• Policybazaar Insurance Brokers Pvt. Ltd. (India)
• WNS (Holdings) Ltd (U.S.)
• Talanx AG (Germany)
• Hub International (U.S.)
• MST Insurance Service Co. (Japan)
• Cosco Shipping (China)
• Mahindra Insurance Brokers Ltd. (MIBL) (India)