Insurance brokers

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• Insurance intermediaries represent, together with insurance and reinsurance companies, the only entities authorized to sell insurance products. In Italy, among intermediaries, insurance brokers represented 3,7% of premiums in 2022, € 4,8b out of € 129,9b.
• Globally, gross premiums in the insurance intermediaries’ market have grown at a CAGR 2017-2021 equal to 2,7%. Data from the OECD record an increase in premiums at a CAGR of 5,1 % in the life sector, and a CAGR 2017-2021 of 0,4% for non-life sector

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