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Research and Markets: Commercial Non-Life Insurance Brokers in Northern, Central and Eastern Europe

July 24, 2012
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Business Wire, Inc.

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/bkc4hr/commercial_nonlif) has announced the addition of the "Commercial Non-Life Insurance Brokers in Northern, Central and Eastern Europe" report to their offering.

Commercial Non-Life Insurance Brokers in Northern, Central and Eastern Europe and the BrokerBASE that accompanies it investigate the importance of brokers in the distribution of non-life insurance for businesses in 12 European countries.

Brokers are the most important single distribution channel for this industry in the region, and Finaccord's research indicates that fees and commissions earned by brokers from commercial non-life insurance in Northern, Central and Eastern Europe were worth about EUR 2.76 billion in 2011. Moreover, brokers are increasing their share of this market in most countries, often at the expense of tied agents, and are expected to continue growing their overall share in future, in spite of the challenging economic circumstances.

This report first provides unique data for the size, segmentation and growth of the commercial non-life insurance market itself in Austria, the Czech Republic, Denmark, Finland, Germany, Norway, Poland, Romania, Russia, Sweden, Switzerland and Turkey. It then quantifies the share of this market that is intermediated by brokers and ranks the leading brokers in each country according to their revenues from commercial non-life insurance, excluding income from other activities.

This analysis is based on an investigation covering some 230 brokers across the region, making it by far the most detailed and comprehensive study of this market ever published and building upon Finaccord's original report on the subject published in 2009.

KEY FEATURES

- analysis of market size, growth, segmentation and trends for commercial non-life insurance premiums: how much is the underlying insurance market worth in this region?

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- quantification and forecast of the share of commercial non-life insurance premiums distributed by brokers, the revenues they earn from commercial lines, and the importance of this sector to brokers;

- identification of the top ten to 40 brokers in each country specifically for commercial non-life insurance business, with estimates for the revenue they generate from this sector alone and their total employee numbers;

- detailed information concerning the structure of the broker market, including market concentration for the top three and top ten brokers, the position of Aon, Ecclesia, Funk International, Marsh and Willis, and the role of networks or alliances;

- availability of an accompanying BrokerBASE which provides key financial and other metrics for the brokers included in each country, plus a convenient, supporting market data file, both in Excel format.

For more information visit http://www.researchandmarkets.com/research/bkc4hr/commercial_nonlif

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

Source: Research and Markets

Copyright:Copyright Business Wire 2012
Wordcount:430


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