Press release

Insurance Brokerage Services: Procurement Market Intelligence, Industry Statistics, Supply Market Forecasts, Trends, Category Management Insights Now Available from SpendEdge

Global Insurance Brokerage Services Category - Procurement Market Intelligence Report. (Graphic: Bus ... 0
Sponsored by Businesswire
Global Insurance Brokerage Services Category - Procurement Market Intelligence Report. (Graphic: Bus ...

SpendEdge, a global procurement market intelligence firm, has announced
the release of their Global
Insurance Brokerage Services Category – Procurement Market Intelligence

This press release features multimedia. View the full release here:

Global Insurance Brokerage Services Category - Procurement Market Intelligence Report. (Graphic: Bus ...

Global Insurance Brokerage Services Category – Procurement Market Intelligence Report. (Graphic: Business Wire)

A majority of buyers from different sectors are seeking assistance from
brokers to find the best-suited insurers that provide E&S insurance.
Currently, E&S insurance is witnessing a high demand since most of the
insurance plans do not cover all the risks associated with the buyers’
business. This, on the other hand, is creating a substantial demand for
insurance brokerage services on a global scale. The IT, professional
services, and construction firms are rapidly adopting advanced
technologies such as big data analytics and AI, which is exposing them
to liability risks. To tackle such risks, the firms are procuring
liability insurance brokerage, thereby supplementing the overall demand
growth of insurance brokerage services. Download
the free sample
of this insurance brokerage procurement market
intelligence report!

In the US, industries like hospitality, gaming, and education sectors
typically deal with personally identifiable information and protected
health information. This is making it imperative for buyers from these
sectors to invest in cyber insurance brokerage services, which is acting
as another critical driving force behind the category spend growth in
the US. Possibilities of high growth opportunities in South America have
been attracting the leading players in the insurance brokerage services
industry. Most of such enterprises are engaging in merger and
acquisition activities to solidify their market presence while reducing
their OPEX and unlock new growth opportunities amid increasing market
competition. These factors will exert a positive impact on the growth of
the insurance brokerage market in the region.

This procurement market intelligence report informs on the insurance
brokerage industry statistics and offers category management insights
that can aid in devising a sustainable procurement strategy. This
insurance brokerage procurement market intelligence report also
highlights the current supply market developments to help the buyers
choose the appropriate vendors who can promise a steady supply assurance
along with quality solutions. Not what you are looking for? Request
for personalization
of this market intelligence report on
insurance brokerage services.

Buyers are advised to engage with suppliers that offer value-added
services such as risk management and loss control services through
regular inspections. This helps buyers understand the type of risks that
needs to be covered in policy to ensure easy and timely claims settlement
says SpendEdge procurement expert Sumit Yadav.

This procurement market intelligence report on insurance brokerage
services has highlighted the following factors that will play crucial
roles in influencing category spend. They include:

  • Rapid growth in healthcare insurance owing to the increased number of
    reforms and initiatives in emerging economies
  • The growing demand for E&S insurance
  • Purchase
    the full market intelligence report
    to know more about the
    complete scope of this report


SpendEdge is now offering limited-time discounts on report
purchases. Buy two reports and
get the third one for


SpendEdge’s procurement
market intelligence
reports for the financial
category offer information on critical cost drivers and
category pricing strategies to help the buyers achieve significant
cost-savings. The supply market forecasts offer information on supplier
performance benchmarking criteria to help buyers reduce spend and
establish better SLAs. Additionally, SpendEdge’s reports offer category
management insights and procurement best practices for the category.

Report scope snapshot: Insurance brokerage services

Category ecosystem

  • Insurance brokerage industry statistics
  • Competitiveness index for suppliers
  • Threat of new entrants
  • Interested to know more about the scope of our market intelligence
    a FREE sample

Category management enablers

  • Procurement organization
  • Category enablers
  • Want customized information from our insurance brokerage
    procurement research report?
    in touch

Category definition

  • Category hierarchy
  • Category scope
  • Category map
  • To view this the complete table of contents for the market
    intelligence report,
    a FREE sample

Do you purchase multiple reports in a year? Our subscription
, provides ready-to-use procurement research reports
for multiple categories. Now access latest supplier news, innovation
landscape, markets insights, supplier tracking, and much more at the
click of a button.
your 7-day FREE trial now.

Related Reports:

About SpendEdge:

shares your passion for driving sourcing and procurement excellence. We
are the preferred procurement market intelligence partner for 120+
Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence reports and solutions. To know more,