As of December 1, 2024, Australia is home to 1,729 insurance brokers, reflecting a 3.71% increase compared to 2023. Among these, 1,404 brokers (81.20%) operate as single-owner businesses, while the remaining 325 brokers (18.80%) are affiliated with larger brands. The top three states with the highest number of insurance brokers are Queensland (468), New South Wales (398), and Victoria (395). On average, insurance brokers in Australia have been in operation for 4 years and 6 months.
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