2023-08-09 06:30:52
The insurance mediation sector of the Girona counties generated a total of 146.9 million euros in 2022just 0.89% more than in 2021, according to the annual report of the Statistical and Accounting Documentation (DEC) that is published every year by the general direction of Financial Policy, Insurance and Treasury of the Department of Economy and Finance of the Generalitat, based on the documentation provided by the 506 insurance brokers and the 79 linked insurance agents registered in Catalonia.
Historical figures
In Catalonia, on the other hand, the increase was greater. The sector of traditional private insurance distribution closed the year 2022 with a business volume of 1,005.86 million euros in brokered premiums, 29.82% more than the previous year and represents the best figure in history.
“The sector has managed to present the best business figures in historya milestone that must be highlighted taking into account the reduction of 2.5% in the number of entities, with a total of 15 less”, emphasizes the deputy director of Insurance and Mediator Entities of the Generalitat, Xavier Erbas
Primes intermediades
According to the analysis of the data, lthe evolution of portfolios brokered between the two types of mediators shows a homogeneous behavior. Thus, insurance brokers, with a reduction of entities of 3.07%, compared to 2021, increase the volume of brokered premiums by 30.89% (105.4% in new production). On the other hand, linked insurance agents, with an increase in the number of entities of 1.28%, with respect to 2021, see an increase in the volume of brokered premiums by 13.63% (47.97 % in new production). Overall, the portfolio grows significantly in Life (145.07%) and discreetly in Non-Life (5.3%) with a greater contribution from insurance brokers, reaching the best absolute levels in the historical series in 2022.
With regard to the weight of the different branches of No Life, autos continues to lead the list, year after year, with 34.93% of the total; followed by healthcare (12.79%); household multi-risk (11.22%); civil liability (8.18%) and industrial multi-risk (8.10%).
Investment in training
According to the DEC, the insurance distribution companies registered with the Generalitat achieved an added value to the cost of the factors – it is the ability of a company or sector to generate wealth and is calculated based on the turnover understood as the gross income from operating activities after adjusting the effect of operating subsidies and indirect taxes – of 83.9 million euros (79.7 in 2021). The sector provides employment to 3,006 people (3,114 in 2022: 1,532 men (50.96%) and 1,474 women (49.03%). Women occupy 77.24% of the category of employed personnel and men the 70.97% of management staff These companies have provided 79,517 hours of training to their personal means with an associated annual investment of 269,838.44 euros.
The majority of these companies (43.93%) have concluded distribution contracts with a range of between 7 and 15 insurance entities, and 91.96% place their turnover below 3 million euros. On the other hand, 47 companies (8.03%) declare a turnover of more than 3 million euros and reach 56.47% of the total of brokered premiums. Finally, the total sums insured for professional civil liability rise to 3,526.21 million euros.
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