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There are xx businesses in the Insurance Agents & Brokers industry in Australia, which is expected to decline at xx% over the next five years. The industry includes individuals and businesses that act primarily as agents or brokers in selling annuities and insurance policies. Industry brokers earn commission income, mostly as a percentage of the premium of insurance policies sold. The industry also includes providers earning fee income for risk management consulting and claim assessment and adjustment services.
Curious about what drives these trends? IBISWorld's Insurance Agents & Brokers in Australia industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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There is 5,455 Insurance Agents & Brokers in Australia businesses as of 2025, an increase of 2.6% from 2024.
The number of Insurance Agents & Brokers in Australia businesses has declined -0.9% per year on average over the five years between 2020 and 2025.
See our full analysis of the Insurance Agents & Brokers in Australia to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Insurance Agents & Brokers in Australia has high market share concentration and the largest business is Steadfast.