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Stock impact report

Is Ryan Specialty Holdings Inc. (RYAN) the Best Insurance Brokerage Stock to Invest in Now? [Yahoo! Finance]

Ryan Specialty Holdings, Inc. Class A (RYAN) 
Company Research Source: Yahoo! Finance
Specialty Holdings Inc. (NYSE:RYAN) stands against the other insurance brokerage stocks. The insurance brokerage market serves as an important link between insurance companies and clients, helping individuals and businesses find the right insurance coverage. Brokers act as intermediaries, offering a wide range of services that include risk assessment, policy selection, and claims assistance. As regulations evolve and new risks emerge, the role of brokers becomes even more crucial in ensuring that clients are adequately protected. This market has been expanding rapidly. According to Grand View Research, the global insurance brokerage market was valued at $287.40 billion in 2023. Looking forward, the market is expected to grow at a compound annual growth rate (CAGR) of 9.2% during 2024-2030 to reach $524.80 billion by ?the end of the forecast period. The North American insurance brokerage market was the largest in the world in 2023, accounting for 30.5% of the total revenue. This Show less Read more
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