Agency Compensation 360: Q1 Insights

The Rundown

Marit Peters led the first of our quarterly webinar series spotlighting Q1 insights from the Agency Compensation 360 study — a data-driven initiative helping independent insurance agencies benchmark compensation, benefits, and staffing strategies. Built exclusively for Big “I” state members, the platform compiles insights from more than 1,300 agencies to provide a comprehensive look at how agencies structure pay, commissions, and workforce models.

The Context

• Comp360 delivers analytics on salary, commissions, benefits, remote work practices, and hiring trends.
• Users can filter results by geography, community type, agency size, and more through the interactive dashboard.
• Key metrics include producer pay, service team compensation, benefits packages, remote work policies, and hiring plans.
• The study emphasizes the importance of defining a clear compensation philosophy, not just pay scales.
• Participation unlocks real-time benchmarking data, with additional consulting opportunities available through Catalyit for agencies seeking deeper, customized compensation analysis.

Why it Matters

Compensation is no longer a back-office decision — it’s a growth strategy. In today’s competitive talent market, agencies that lack clear pay structures risk losing both recruits and top performers. Agency Compensation 360 arms principals with data-driven clarity, helping them align compensation with culture, performance, and long-term scalability.

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Watch now to learn more about Agency Compensation 360 and how it can help your agency.