Insurance premium intermediation in Colombia (Brokers)
According to information available as of the end of June 2023, the income generated from broker premium intermediation in Colombia amounted to COP$ 651.5 billion, reflecting a nominal interannual variation of 28.1%.
When comparing the market shares as of June 2023 to those of June 2022, the ranking of brokers experiencing the most significant growth is led by ARTHUR J GALLAGHER, boasting an increase of +2.54% market share points. Following closely are AON with +1.81% and WILLIS TOWER WATSON with +1.21%, securing the second and third positions, respectively. ATLANTIC LATAM and JARGU round out the top five market winners, achieving growth of +0.7% and +0.38% points, respectively.
Conversely, concerning business volume, DELIMA MARSH / CARPENTER maintains its top position, trailed by AON, WTW, ARTHUR GALLAGHER, and CORRECOL. Collectively, these five major brokers accounted for 78.2% of intermediation income as of June 2023.
