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Press Release:

Global Commercial Insurance Market to Reach US$ 1,123.5 Billion by 2027, Spurred by Growing Awareness Among Business Owners

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Commercial Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global commercial insurance market reached a value of US$ 728.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,123.5 Billion by 2027, exhibiting a CAGR of 7.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Commercial insurance refers to a type of coverage for businesses and corporations designed to protect the organization, its employees, and its ownership. Some commonly offered commercial insurance policies include property insurance, general liability, commercial auto insurance, workers’ compensation insurance, business interruption insurance, cyber liability insurance, and crime coverage. It covers the company against losses and risks, such as property damage, injury to the employees, cyberattacks, thefts, natural disasters, data breaches, and liability lawsuits that could potentially disrupt the business operations. In recent years, commercial insurance has rapidly gained traction among startups and enterprises as it protects the assets of the insured business from unexpected events and covers the financial losses incurred. 

 

 
 

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Commercial Insurance Market Trends:

Commercial insurance offers security for business operations, protects the company’s reputation, and ensures the wellbeing of its employees and financial situation. As a result, the rising awareness regarding the benefits of commercial insurance policies among enterprises represents the primary factor driving the market growth. Besides this, the increasing number of small- and medium-sized enterprises (SMEs) and the growing need to protect businesses against unexpected losses are augmenting the demand for commercial insurance. Additionally, regional governments of various countries are taking favorable initiatives to encourage employers and business owners to purchase different types of coverage, such as workers’ compensation insurance for employees and commercial auto insurance for business-owned vehicles. Along with this, the rising number of commercial insurance providers is catalyzing the market growth. Furthermore, the leading players are adopting advanced technologies, such as artificial intelligence (AI) and machine learning (ML), to offer enhanced services like personalized and convenient insurance plans with lower premium costs to improve customer loyalty and gain a competitive edge. Other factors, including the growing usage of telematics devices across various industries, rising competition among businesses, technological advancements, and rapid industrialization, are also creating a favorable outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global commercial insurance market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, enterprise size, distribution channel and industry vertical.

Breakup by Type:

 

 
 

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  • Liability Insurance
  • Commercial Motor Insurance
  • Commercial Property Insurance
  • Marine Insurance
  • Others
     

Breakup by Enterprise Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises
     

Breakup by Distribution Channel:

  • Agents and Brokers
  • Direct Response
  • Others
     

Breakup by Industry Vertical:

  • Transportation and Logistics
  • Manufacturing
  • Construction
  • IT and Telecom
  • Healthcare
  • Energy and Utilities
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Allianz SE, American International Group Inc., Aon plc, Aviva plc, Axa S.A., Chubb Limited, Direct Line Insurance Group plc, Marsh & McLennan Companies Inc., Willis Towers Watson Public Limited Company and Zurich Insurance Group Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Enterprise Size, Distribution Channel, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Allianz SE, American International Group Inc., Aon plc, Aviva plc, Axa S.A., Chubb Limited, Direct Line Insurance Group plc, Marsh & McLennan Companies Inc., Willis Towers Watson Public Limited Company and Zurich Insurance Group Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Commercial Insurance Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Liability Insurance
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Commercial Motor Insurance
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Commercial Property Insurance
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Marine Insurance
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Enterprise Size
    7.1    Large Enterprises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Small and Medium-sized Enterprises
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Agents and Brokers
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Direct Response
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Industry Vertical
    9.1    Transportation and Logistics
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Manufacturing
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Construction
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    IT and Telecom
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Healthcare
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Energy and Utilities
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Allianz SE
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    American International Group Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Aon plc
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Aviva plc
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Axa S.A.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Chubb Limited
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Direct Line Insurance Group plc
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
        15.3.8    Marsh & McLennan Companies Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Willis Towers Watson Public Limited Company
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Zurich Insurance Group Ltd.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis

List of Figures

Figure 1: Global: Commercial Insurance Market: Major Drivers and Challenges
Figure 2: Global: Commercial Insurance Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Commercial Insurance Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Commercial Insurance Market: Breakup by Type (in %), 2021
Figure 5: Global: Commercial Insurance Market: Breakup by Enterprise Size (in %), 2021
Figure 6: Global: Commercial Insurance Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Commercial Insurance Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: Commercial Insurance Market: Breakup by Region (in %), 2021
Figure 9: Global: Commercial Insurance (Liability Insurance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Commercial Insurance (Liability Insurance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Commercial Insurance (Commercial Motor Insurance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Commercial Insurance (Commercial Motor Insurance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Commercial Insurance (Commercial Property Insurance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Commercial Insurance (Commercial Property Insurance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Commercial Insurance (Marine Insurance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Commercial Insurance (Marine Insurance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Commercial Insurance (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Commercial Insurance (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Commercial Insurance (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Commercial Insurance (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Commercial Insurance (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Commercial Insurance (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Commercial Insurance (Agents and Brokers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Commercial Insurance (Agents and Brokers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Commercial Insurance (Direct Response) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Commercial Insurance (Direct Response) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Commercial Insurance (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Commercial Insurance (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Commercial Insurance (Transportation and Logistics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Commercial Insurance (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Commercial Insurance (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Commercial Insurance (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Commercial Insurance (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Commercial Insurance (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Commercial Insurance (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Commercial Insurance (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Commercial Insurance (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Commercial Insurance (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Commercial Insurance (Energy and Utilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Commercial Insurance (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Commercial Insurance (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Commercial Insurance (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: North America: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: North America: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: United States: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: United States: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Canada: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Canada: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Asia-Pacific: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Asia-Pacific: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: China: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: China: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Japan: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Japan: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: India: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: India: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: South Korea: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: South Korea: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Australia: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Australia: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Indonesia: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Indonesia: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Europe: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Europe: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Germany: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Germany: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: France: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: France: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: United Kingdom: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: United Kingdom: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Italy: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Italy: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Spain: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Spain: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Russia: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Russia: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Latin America: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Latin America: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Brazil: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Brazil: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Mexico: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Mexico: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Others: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Others: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Middle East and Africa: Commercial Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Middle East and Africa: Commercial Insurance Market: Breakup by Country (in %), 2021
Figure 91: Middle East and Africa: Commercial Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Global: Commercial Insurance Industry: SWOT Analysis
Figure 93: Global: Commercial Insurance Industry: Value Chain Analysis
Figure 94: Global: Commercial Insurance Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Commercial Insurance Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Commercial Insurance Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Commercial Insurance Market Forecast: Breakup by Enterprise Size (in Million US$), 2022-2027
Table 4: Global: Commercial Insurance Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Commercial Insurance Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: Commercial Insurance Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Commercial Insurance Market: Competitive Structure
Table 8: Global: Commercial Insurance Market: Key Players


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Key Questions Answered in This Report

The global commercial insurance market was valued at US$ 728.0 Billion in 2021.

We expect the global commercial insurance market to exhibit a CAGR of 7.20% during 2022-2027.

The rising awareness towards associated benefits of commercial insurance policies among numerous
startups and enterprises, to protect them against unexpected losses, is currently driving the global
commercial insurance market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing utilization of commercial
insurance policies by various organizations, as they cover the company against further COVID-19
related losses and risks, that could potentially disrupt the business operations.

Based on the type, the global commercial insurance market has been divided into liability insurance,
commercial motor insurance, commercial property insurance, marine insurance, and others. Among
these, liability insurance exhibits a clear dominance in the market.

Based on the enterprise size, the global commercial insurance market can be categorized into large
enterprises and small and medium-sized enterprises, where large enterprises hold the majority of
the total market share.

Based on the distribution channel, the global commercial insurance market has been segmented into
agents and brokers, direct response, and others. Currently, agents and brokers represent the largest
market share.

Based on the industry vertical, the global commercial insurance market can be bifurcated into
transportation and logistics, manufacturing, construction, IT and telecom, healthcare, energy and
utilities, and others. Among these, the transportation and logistics industry currently accounts for
the majority of the global market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global commercial insurance market include Allianz SE, American
International Group Inc., Aon plc, Aviva plc, Axa S.A., Chubb Limited, Direct Line Insurance Group plc,
Marsh & McLennan Companies Inc., Willis Towers Watson Public Limited Company, and Zurich
Insurance Group Ltd.

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