Subscribe to Entrepreneur for $5
Subscribe

5 Insurance Brokers That Continue to Benefit From Increasing Demand

Increased demand for insurance products, given an aging population, baby boomers and millennials and adoption of technology should drive Insurance Brokers like MMC, AJG, WLTW, BRO and RYAN.

By
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. The fast-paced consolidations in this traditionally fragmented industry are expected to benefit Marsh & McLennan Companies MMC, Arthur J. Gallagher AJG, Willis Tower Watson plc WLTW, Brown & Brown BRO and Ryan Specialty Group Holdings RYAN.

Increasing adoption of technology and higher spending on technology will help in the smooth functioning of the industry.

- Zacks

Zacks' Top Picks to Cash in on Artificial Intelligence

In 2021, this world-changing technology is projected to generate $327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban says AI will create "the world's first trillionaires." Zacks' urgent special report reveals 3 AI picks investors need to know about today.

See 3 Artificial Intelligence Stocks With Extreme Upside Potential>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 

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

 

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

 

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

 

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

 

Ryan Specialty Group Holdings, Inc. (RYAN): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research