Early in 2007, the Counsel of Insurance Agents & Brokers enlisted McLagan to develop and conduct a comprehensive compensation survey for its membership. With over seventy-five insurance brokers participating (including 8 of the top 10), the survey will:
Provide information about base salary, cash compensation and total compensation levels.
Present results by product line (e.g., commercial lines, employee benefits, personal lines), company size, ownership structure, etc.
For Producers, provide insight about pay and production levels.
Cover a full range of positions within the following functions: Top Management, Producer/Sales, Account Executives, Customer Service, Loss Control, Claims, Legal & Compliance, Licensing Administration, Marketing, Information Technology, Legal, Finance & Accounting, Human Resources, General Services, Secretarial Services.