Between 2013 and 2018, the share of total in-force gross domestic written premiums in the global property and casualty (P&C) insurance industry originating from brokers has been gradually increasing. From around half of all premiums in 2013, over this period the share of this distribution channel has increased to 54 percent. This increase has mainly come at the expense of policies originating from tied agents and branches.
Distribution channels within the global property and casualty (P&C) insurance industry from 2013 to 2018, by share of gross direct domestic written premiums
Characteristic
Tied agents and branches
Brokers
Bancassurance
Direct and other
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McKinsey & Company. (April 29, 2021). Distribution channels within the global property and casualty (P&C) insurance industry from 2013 to 2018, by share of gross direct domestic written premiums [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1249367/p-c-insurance-distribution-channel-share-worldwide/
McKinsey & Company. "Distribution channels within the global property and casualty (P&C) insurance industry from 2013 to 2018, by share of gross direct domestic written premiums." Chart. April 29, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1249367/p-c-insurance-distribution-channel-share-worldwide/
McKinsey & Company. (2021). Distribution channels within the global property and casualty (P&C) insurance industry from 2013 to 2018, by share of gross direct domestic written premiums. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1249367/p-c-insurance-distribution-channel-share-worldwide/
McKinsey & Company. "Distribution Channels within The Global Property and Casualty (P&c) Insurance Industry from 2013 to 2018, by Share of Gross Direct Domestic Written Premiums." Statista, Statista Inc., 29 Apr 2021, https://www.statista.com/statistics/1249367/p-c-insurance-distribution-channel-share-worldwide/
McKinsey & Company, Distribution channels within the global property and casualty (P&C) insurance industry from 2013 to 2018, by share of gross direct domestic written premiums Statista, https://www.statista.com/statistics/1249367/p-c-insurance-distribution-channel-share-worldwide/ (last visited August 25, 2024)
Distribution channels within the global property and casualty (P&C) insurance industry from 2013 to 2018, by share of gross direct domestic written premiums [Graph], McKinsey & Company, April 29, 2021. [Online]. Available: https://www.statista.com/statistics/1249367/p-c-insurance-distribution-channel-share-worldwide/