agency compensation News

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 …

Agency Compensation: Who’s Worth What in Your Independent Agency?

From top level managers to office and support staff — every person in an agency has a role to play in helping the agency win in the sales game. When one person fails, the whole agency suffers. And when an …

Last Chance to Participate: Find Out Who’s Worth What in Today’s Agency System

This is the last chance to participate in Insurance Journal nationwide search to find out who’s worth what in the independent agency system. Agents, brokers and agency staff: Don’t miss out on your chance to participate. The 2013 Agency Salary …

Agency Compensation Expected to Rise in 2012: Ward Group

Contingent commission payouts to insurance agencies are estimated to be 12 percent higher in 2012 than 2011, a new study says. The study by the Ward Group also found that carriers are continuing to increase their volume and premium requirements …

Find Out Who’s Worth What in the Independent Agency System

Time is running out to find out who’s worth what in the independent agency system! Insurance Journal is once again polling insurance agents and brokers nationwide in its annual Agency Salary Survey. Survey results will be compiled for a special …

Who’s Worth What in the Independent Agency System? Find Out … Join IJ’s Survey

Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2012 Agency Salary Survey results will be …