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There are xx employees in the Insurance Brokers & Agencies industry in the US, which is expected to grow at xx% over the next five years. Providers are individuals or businesses that act as agents or brokers, selling insurance policies and annuities. They earn commission income, mostly as a percentage of the insurance policy premium. Brokers and agencies also earn income from fees for risk management consulting and other value-added services.
Curious about what drives these trends? IBISWorld's Insurance Brokers & Agencies in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Life Insurance & Annuities in the US |
|
XX% | XX% | $XX |
| Health & Medical Insurance in the US |
|
XX% | XX% | $XX |
| Property, Casualty and Direct Insurance in the US |
|
XX% | XX% | $XX |
| Reinsurance Carriers in the US |
|
XX% | XX% | $XX |
| Global Insurance Brokers & Agencies |
|
XX% | XX% | $XX |
| Insurance Brokers & Agencies in Canada |
|
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 |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 1,180,397 people employed in the Insurance Brokers & Agencies in the US as of 2026.
The number of people employed in the Insurance Brokers & Agencies in the US grew 2.0% on average over the five years between 2021 and 2026.
See our full analysis of the Insurance Brokers & Agencies in the US to understand if the industry employment is expected to grow or decline over the next five years.
The average Insurance Brokers & Agencies in the US business is 2.7 employees.
The average business in the Insurance Brokers & Agencies in the US now employs more workers than it did five years ago.
The revenue per employee for the average business in the Insurance Brokers & Agencies in the US has increased in the last five years.