Insurance brokers Marsh and Aon hold an almost equal amount of the brokerage market, with Marsh holding a slight lead, according to a survey of risk managers.
In the Risk and Insurance Management Society (RIMS) and Advisen, Ltd. "Broker Services and Remuneration Study" released today, risk managers said Marsh and Aon are used most frequently by them, accounting for about two-thirds of the insurance programs placed through brokers.
Willis held about 14 percent of the market, according to the survey, with Lockton and Arthur J. Gallagher rounding out the top five.
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