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There are xx employees in the Insurance Brokers & Agencies industry in Canada, which is expected to grow at xx% over the next five years. Canadian insurance brokers and agencies includes individuals and businesses that primarily act as agents or brokers in selling annuities and insurance policies. Providers earn commission income, mostly as a percentage of the premium of insurance policies sold. Companies also earn fee income for providing risk management and other value-added services.
Curious about what drives these trends? IBISWorld's Insurance Brokers & Agencies in Canada industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Scientific & Economic Consulting in Canada |
|
XX% | XX% | $XX |
| Commercial Banking in Canada |
|
XX% | XX% | $XX |
| Credit Unions in Canada |
|
XX% | XX% | $XX |
| Loan Administration, Cheque Cashing & Other Services in Canada |
|
XX% | XX% | $XX |
| Global Insurance Brokers & Agencies |
|
XX% | XX% | $XX |
| Insurance Brokers & Agencies in the US |
|
XX% | XX% | $XX |
| Online Insurance Brokers in the US |
|
XX% | XX% | $XX |
| Insurance Brokerage in Australia |
|
XX% | XX% | $XX |
| Insurance Brokerage in New Zealand |
|
XX% | XX% | $XX |
| Insurance Agents & Brokers in the UK |
|
XX% | XX% | $XX |
| Insurance Brokers & Adjusters in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 48,546 people employed in the Insurance Brokers & Agencies in Canada as of 2026.
The number of people employed in the Insurance Brokers & Agencies in Canada grew 3.3% on average over the five years between 2021 and 2026.
See our full analysis of the Insurance Brokers & Agencies in Canada to understand if the industry employment is expected to grow or decline over the next five years.
The average Insurance Brokers & Agencies in Canada business is 2.1 employees.
The average business in the Insurance Brokers & Agencies in Canada now employs more workers than it did five years ago.
The revenue per employee for the average business in the Insurance Brokers & Agencies in Canada has increased in the last five years.