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Insurance Brokers & Agencies in Canada - Number of Businesses (2021-2031)
There are xx businesses in the Insurance Brokers & Agencies industry in Canada, which is expected to grow at xx% over the next five years. Canadian insurance brokers and agencies includes individuals and businesses that primarily act as agents or brokers in selling annuities and insurance policies. Providers earn commission income, mostly as a percentage of the premium of insurance policies sold. Companies also earn fee income for providing risk management and other value-added services.
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Number of Businesses
Total value (#) and annual change from 2012 – 2030.
Revenue
$XX
2021-2026 XX%
2026-2031 XX%
Employees
XX
2021-2026 XX%
2026-2031 XX%
Businesses
XX
2021-2026 XX%
2026-2031 XX%
Profit
$XX
2021-2026 XX%
Profit Margin
XX%
2021-2026 XX%
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Related Industries
| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Scientific & Economic Consulting in Canada |
|
XX% | XX% | $XX |
| Commercial Banking in Canada |
|
XX% | XX% | $XX |
| Credit Unions in Canada |
|
XX% | XX% | $XX |
| Loan Administration, Cheque Cashing & Other Services in Canada |
|
XX% | XX% | $XX |
| Global Insurance Brokers & Agencies |
|
XX% | XX% | $XX |
| Insurance Brokers & Agencies in the US |
|
XX% | XX% | $XX |
| Online Insurance Brokers in the US |
|
XX% | XX% | $XX |
| Insurance Brokerage in Australia |
|
XX% | XX% | $XX |
| Insurance Brokerage in New Zealand |
|
XX% | XX% | $XX |
| Insurance Agents & Brokers in the UK |
|
XX% | XX% | $XX |
| Insurance Brokers & Adjusters in China |
|
XX% | XX% | $XX |
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Frequently Asked Questions
How many businesses are there in the Insurance Brokers & Agencies in Canada in 2026?
There is 23,392 Insurance Brokers & Agencies in Canada businesses as of 2026, an increase of 0.7% from 2025.
Has the number of Insurance Brokers & Agencies in Canada businesses grown or declined over the past 5 years?
The number of Insurance Brokers & Agencies in Canada businesses has grown 1.2% per year on average over the five years between 2021 and 2026.
What is forecast business growth of Insurance Brokers & Agencies in Canada over the next 5 years?
See our full analysis of the Insurance Brokers & Agencies in Canada to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
What companies have the highest market share in the Insurance Brokers & Agencies in Canada?
The Insurance Brokers & Agencies in Canada has low market share concentration and the largest business is Arthur J. Gallagher and Company.
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