By 2020, intermediaries will make up almost half of all retail customers and their revenues will exceed those of traditional retailers by 2020, according to a study by the National Association of Reinsurance Institutions (NARII).
The research, commissioned by NARII and released on Monday, predicts that by 2020 intermediaries could make $1.2 trillion in revenue, up from $900 billion today.
But this does not necessarily mean that intermediaries are the ones making money.
According to the study, the bulk of their revenue comes from third-party suppliers and third-parties’ sales to customers.
This means that intermediary customers have a very limited ability to earn profit from their purchases.
The report suggests that a number of ways will be used to increase the profits of intermediaries.
The first would be to increase their share of wholesale insurance sales.
According the NARI, in 2019, about 40% of the wholesale insurance industry in the US was run by intermediaries, while the share of traditional insurers dropped from 57% to 42%.
The second would be through more aggressive pricing strategies, which could result in more intermediaries earning more revenue than traditional insurers.
This is because the insurance industry’s profit margins are generally higher than traditional ones.
The third option is to develop and deploy new services to increase revenue for intermediaries by developing new technologies.
This would likely involve adding new insurance products, making them available for purchase in different markets, and offering additional features.
NARRI’s research indicates that a lot of these services will be offered through new insurance exchanges that will allow customers to purchase insurance from different providers, and they will also offer incentives for companies to use these services.
Another option could be to allow customers with a history of insurance fraud to opt-in to the new insurance offerings, allowing them to earn commissions from the new services offered by these new intermediaries in exchange for their existing customers’ premiums.
If the intermediaries were to offer a new service or product to customers with an existing insurance product, the cost of these products would not have to increase.
The study does not suggest any specific ways that intermediers will earn revenue.
However, NAR II said that these services may help boost profits.
The industry’s financial problems could be partly explained by the rise of more sophisticated financial products, such as credit cards and other financial products that are increasingly used in the insurance market.
For example, NARCRI estimates that the average annual growth rate for insurance product growth in the past two decades has been 5%, and for credit card growth the rate has been 11%.
It also noted that the industry has experienced a significant increase in financial products’ price increases over the past decade, from $1,100 to $5,000 per policy in the same time period.
But the NARSII study does say that many of these new financial products are now less effective than the products they replaced, and that they are also not able to offer enough flexibility to customers to make them more profitable.
“The industry’s problems are largely the result of the new products that customers are paying more for,” the NARAII report said.
“In addition, the current financial products have a higher average annual cost of insurance than those they replaced.
These products are also subject to increased competition from other forms of insurance, and therefore the new product’s costs are also likely to rise in the future.
Insurance companies need to look for ways to improve the efficiency of these financial products and, more importantly, to adapt them to the changing industry needs.”