Insurance Brokers & Agencies in Ontario

What’s Included in the Insurance Brokers & Agencies in Ontario Market Research Report

Definition of the Insurance Brokers & Agencies in Ontario?

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.

What’s included in the Insurance Brokers & Agencies in Ontario?

The Insurance Brokers & Agencies in Ontario includes property and casualty insurance policy brokerage, health and medical insurance brokerage, life and accident insurance brokerage, reinsurance brokerage and administration, annuity brokerage and risk management consulting. Related terms covered in the Insurance Brokers & Agencies in Ontario industry report includes an independent agent who represents the buyer during an insurance transaction, an individual who is licensed by a province to sell insurance products and services for one or more specific insurance carriers or companies, a market in which insurance prices are increasing. insurance markets harden when demand for insurance overshoots supply. the supply of insurance depends on insurers' capital positions, a market in which insurance prices are falling. insurance markets soften when strong balance sheets cause the supply of insurance to exceed demand, enabling price wars to ensue and a common measure of an insurer's profitability that is calculated by dividing incurred losses and expenses by earned premium.

Industry Performance of the Insurance Brokers & Agencies industry in Ontario

Benchmark the Insurance Brokers & Agencies in Ontario industry performance with all ON Census Metropolitan Area and national performance.

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Key Drivers of the Insurance Brokers & Agencies industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, number of motor vehicle registrations, consumer spending and per capita disposable income are impacting Insurance Brokers & Agencies in Ontario

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Census Metropolitan Area Data of the Insurance Brokers & Agencies industry in Ontario

Access proprietary data on Census Metropolitan Area in the Insurance Brokers & Agencies in Ontario, such as Toronto, Ottawa - Gatineau and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Insurance Brokers & Agencies industry in Ontario

Download 18 years of historical data and 5 years of projected performance.