agency compensation News

Last Chance: Share Your Thoughts on Agency Compensation Trends Now

Tomorrow is the last day to participate in Insurance Journal’s annual Agency Salary Survey. Survey respondents receive a complimentary copy of Insurance Journal’s report. We invite all retail agency owners, principals, producers, CSRs — the entire agency — to participate …

Take This Year’s Agency Salary Survey: Deadline Friday

Each year Insurance Journal asks retail agency owners, principals, producers, CSRs — the entire agency — to participate in the Insurance Journal Agency Salary Survey for publication in Insurance Journal magazine. Participation in the survey takes about 15 minutes to …

Insurance Journal’s 2021 Agency Salary Survey Open

Insurance Journal is once again seeking independent agency owners, principals, producers, CSRs — the entire agency — to participate in its annual independent insurance agency salary survey for publication in Insurance Journal magazine. The survey takes about 15 minutes to …

Insurance Agency Employees Making More Money But Not as Happy

Insurance agency personnel on average made a little more money in 2019 but they were not as happy as they were in 2018. Nearly all personnel — owners, producers and support staff — enjoyed a slight uptick in average pay. …

What’s Happening in Agency Compensation? Take This Year’s Salary Survey

Insurance Journal would like to invite ALL retail agency owners, principals, producers, CSRs — the entire agency — to participate in Insurance Journal’s annual independent insurance agency salary survey for publication in our February 24, 2020, issue. The survey takes …

8 Considerations for Buyers and Sellers of Insurance Agencies

Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger agency transactions, there are …

Participate in Insurance Journal’s Annual Agency Salary Survey

The deadline to participate in Insurance Journal’s annual Agency Salary Survey is approaching fast – participate by Feb. 2 to receive a complimentary copy of the survey results. ALL retail agency owners, principals, producers, CSRs — the entire agency — …

What’s Up with Salaries at Insurance Agencies?

Salaries for insurance agency management, owners, principals and producers were up in 2016. Total compensation for support staff also increased, although not by as much as it did the year before. That’s according to Insurance Journal’s 2017 Agency Salary Survey, …

How Agents Feel About Their Compensation from Carriers… and Other Matters

On a first quarter results call W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distributors, driven by what he called a fight to grow margins in the face of …

Why Are Agency Employees Unhappy?

Agency employees are not happy when it comes to compensation, and money isn’t the problem. Despite increases in salaries and total compensation, many employees continue to be unsatisfied when it comes to overall compensation, according to Insurance Journal‘s annual Agency …