Free List Of Top 10 Insurance Brokerage Companies
The insurance brokerage industry in the United States is robust and highly competitive, with several key players dominating the market. These companies operate in various sectors, providing a wide range of insurance products and services to businesses and individuals. In this article, we will provide an overview of the top 10 insurance brokerage companies in the US, highlighting their sector, year founded, annual revenue, and a brief description of their operations.
Overview of the Top 10 Insurance Brokerage Companies in the US
1. Aon
– Sector: Insurance & Risk Management
– Year Founded: 1919
– Annual Revenue: $11 billion
– Description: Aon is a leading global professional services firm providing a broad range of risk, retirement, and health solutions. They operate in more than 120 countries and serve clients in over 120 industries. Their focus is on empowering clients to better understand and manage their risk.
2. Marsh & McLennan Companies, Inc.
– Sector: Insurance & Risk Management
– Year Founded: 1871
– Annual Revenue: $17 billion
– Description: Marsh & McLennan Companies, Inc. is a global professional services firm providing advice and solutions in risk, strategy, and people. Their comprehensive approach to risk management helps clients maximize their potential.
3. Willis Towers Watson
– Sector: Insurance & Risk Management
– Year Founded: 1828
– Annual Revenue: $9 billion
– Description: Willis Towers Watson is a leading global advisory, broking, and solutions company that helps clients around the world turn risk into a path for growth. They offer a broad range of risk consultancy services and provide solutions for insurance and reinsurance.
4. Gallagher
– Sector: Insurance & Risk Management
– Year Founded: 1927
– Annual Revenue: $7 billion
– Description: Gallagher is a global insurance brokerage, risk management, and consulting services firm, dedicated to providing the most effective and cost-efficient risk and insurance solutions to their clients.
5. Brown & Brown, Inc.
– Sector: Insurance & Risk Management
– Year Founded: 1939
– Annual Revenue: $2 billion
– Description: Brown & Brown, Inc. is one of the largest and most respected independent insurance intermediaries in the US. They offer a broad range of insurance and reinsurance products and services.
6. HUB International
– Sector: Insurance & Risk Management
– Year Founded: 1998
– Annual Revenue: $2 billion
– Description: HUB International is a leading global insurance brokerage that provides a broad array of property and casualty, life and health, employee benefits, investment, and risk management products and services.
7. NFP
– Sector: Insurance & Risk Management
– Year Founded: 1998
– Annual Revenue: $1.4 billion
– Description: NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions.
8. USI Insurance Services
– Sector: Insurance & Risk Management
– Year Founded: 1994
– Annual Revenue: $2 billion
– Description: USI Insurance Services is a national insurance brokerage and consulting firm, delivering property and casualty, employee benefits, personal risk, program, and retirement solutions.
9. AssuredPartners
– Sector: Insurance & Risk Management
– Year Founded: 2011
– Annual Revenue: $1.5 billion
– Description: AssuredPartners is a national partnership of independent insurance brokers that specializes in property and casualty and employee benefits insurance services.
10. Lockton Companies
– Sector: Insurance & Risk Management
– Year Founded: 1966
– Annual Revenue: $2 billion
– Description: Lockton Companies is the world’s largest privately-owned, independent insurance brokerage firm. They offer risk management, insurance, and employee benefits consulting services.
The insurance brokerage industry in the US is diverse and competitive, with these top 10 companies offering a wide range of insurance and risk management services. Whether it’s helping businesses manage their risk exposure, providing innovative solutions, or delivering superior customer service, these companies have established themselves as leaders in the field.