Commercial Non-Life Insurance Brokers in Australia

Commercial Non-Life Insurance Brokers in Australia and the BrokerBASE™ that accompanies it investigate the importance of brokers in the distribution of non-life insurance for businesses in Australia. This report first provides unique data for the size, segmentation and growth of the Australian commercial non-life insurance market itself. It then quantifies the share of this market that is intermediated by brokers and, based on extensive primary research covering over 300 broking entities in total, it ranks the leading 40 brokers in Australia according to their revenues from commercial non-life insurance, excluding income from other activities such as personal lines and employee benefits.

This report provides unique data in the following areas:

• the value of commercial non-life insurance markets for 2008 to 2012;

• the share of this market distributed by brokers in 2008 and 2012;

•  the revenues generated by commercial non-life insurance business for brokers in 2008 and 2012;

• the concentration of the market for commercial non-life insurance broking;

• forecasts for 2016 for the value of commercial non-life insurance premiums, brokers' share of this market and their revenues from commercial non-life insurance business.

• to quantify the size and dynamism of the broker market for commercial non-life insurance in Australia;

• to utilise a single comprehensive source of information that uses a uniform methodology to size the underlying commercial non-life insurance market and to quantify brokers’ share of distribution;

• to assess a range of potential business opportunities: from selecting targets for acquisition to niche product development and ideas for distribution partnerships;

• to understand the competitive landscape in Australia through its market concentration, the importance of international brokers, and brokers' distribution strategies;

• to identify the leading brokers in Australia, with coverage of competitors such as Aon, Austbrokers, JLT, Marsh and OAMPS Insurance Brokers.