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Investment-grade insurance brokers in the United States are expected to continue to see average organic revenue growth in 2023, despite challenges associated with expected weaker economic growth and financial market volatility, according to a new report from Moody’s Investor Service.

The report shows that investment-grade insurance brokers saw average organic growth of 7.2% in the fourth quarter of 2022, which Moody’s described as “still strong” even if it represented lower growth than the year before. Moody’s investment-grade cohort includes Marsh & McLennan Companies Inc., Aon plc, Willis Towers Watson, Arthur J. Gallagher & Co. and Brown & Brown Inc.

 

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