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6 Brokerage Stocks Making the Most of the Rising Demand for Insurance

Increased demand for insurance products given growing aging population, baby boomers and millennials and adoption of technology should drive insurance...

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This story originally appeared on Zacks

Better pricing, prudent underwriting, rising demand for insurance products and global expansion have been driving revenues of Zacks  Insurance Brokerage industry players. Fast-paced consolidations in this traditionally fragmented industry are expected to benefit Marsh & McLennan Companies MMC, Aon plc AON, Arthur J. Gallagher AJG, Willis Tower Watson WLTW, Brown & Brown BRO, and Erie Indemnity ERIE.

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Increasing adoption of technology and higher spending on technology will help in faster claims processing, thus improving operational performance and increaseing efficiency. This in turn ensure smooth functioning of the industry, though such huge investments increase operating costs.

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Marsh & McLennan Companies, Inc. (MMC): Free Stock Analysis Report

 

Aon plc (AON): Free Stock Analysis Report

 

Arthur J. Gallagher & Co. (AJG): Free Stock Analysis Report

 

Brown & Brown, Inc. (BRO): Free Stock Analysis Report

 

Erie Indemnity Company (ERIE): Free Stock Analysis Report

 

Willis Towers Watson Public Limited Company (WLTW): Free Stock Analysis Report

 

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