Compensation packages for experienced multiline producers at insurance agencies average more than $100,000, according to a new survey.
And the study also found that agencies have changed compensation packages and their recruitment and training strategies to reflect a trend toward staff-driven, organic growth to expand their operations.
These were some of the results of a survey published by Business Management Group Inc. (BMG) in its “2006-2007 Owner, Executive and Producer Compensation Survey.”
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
