The Liberty Company Insurance Brokers, LLC’s Post

MarshBerry’s 2024 Insurance Agency & Brokerage Compensation Review is now available for purchase! This proprietary market Study, based on over a decade of research, helps firms hone their compensation plans to accelerate growth. This one-of-a-kind industry report offers a comprehensive look at current compensation data for 31 roles commonly found across insurance agents and brokers. The report highlights the salary plus bonus compensation by role on a national basis, as well as the median salary bonus by region for the following: >Executive & Management >Production >Service >Support >Employee Benefits Purchase your copy today and stay ahead of compensation trends for your firm. #MarshBerry #Insurance #CompensationReport #Agencies #Brokers #InsuranceTrends #InsuranceInsights https://hubs.ly/Q02w2w5D0

MarshBerry’s 2024 Insurance Agency & Brokerage Compensation Review is now available for purchase! This proprietary market Study, based on over a decade of research, helps firms hone their compensation plans to accelerate growth. This one-of-a-kind industry report offers a comprehensive look at current compensation data for 31 roles commonly found across insurance agents and brokers. The report highlights the salary plus bonus compensation by role on a national basis, as well as the median salary bonus by region for the following: >Executive & Management >Production >Service >Support >Employee Benefits Purchase your copy today and stay ahead of compensation trends for your firm. #MarshBerry #Insurance #CompensationReport #Agencies #Brokers #InsuranceTrends #InsuranceInsights https://hubs.ly/Q02w2Dqp0

Ever wonder how your compensation program stacks up against other agencies of similar size? Our latest Compensation Review is now available. One of the many challenges in this market today is keeping your staff!! Check it out.

Another good article from Jenn!

Attention insurance brokerage Industry leaders: Is your firms’ compensation structure competitive for role and experience level? While specific titles amongst different firms can vary, if using a tiered service model, service personnel are segmented into three main roles: High-Level Account Executive, Account Managers and Processors. Help position your firm for success by completing MarshBerry’s Agency & Broker Compensation Study by 3/1. All participants that complete the study, and provide a valid email address, receive a complimentary copy of the report valued at $1,500. #MarshBerry #FirstChoice #Insurance #Agencies #Brokers #Compensation https://hubs.ly/Q02hBl2f0

💰 Unprofitable New Business 💰 Producers bring in new business that costs their firm goodwill, profits and puts them at risk. All. Of. The. Time. Yes. Even at your firm. 👀 I guarantee it. It happens with rookies who haven’t been trained on process and timelines. It happens with veterans (even owners) who develop and endorse processes for everyone else. 😜 If you’re responsible for profitable growth and don’t know what Producers are selling (and the pressure it’s putting on the entire team the first 90 days) … you don’t know your numbers. 🔎 Tip: If you want to increase capacity and profits, review all new business since 11/1/23. We’re not looking for villains. We’re looking for patterns. Nothing changes if nothing changes. I’m headed to Florida to have some fun with Blaire Bartlett and Julia Ruiz and some The Council of Insurance Agents & Brokers member firms. An item on our agenda is modernizing client service to support their growth. If airport coffee can evolve, you can too. ✈️☕️🔥 *** Day 3: Daily LinkedIn posts in April and May about how high-performing client service teams help insurance brokers grow. #letsgetreal #insurancebrokers #insuranceindustry #womenininsurance #employeebenefits

When employees feel appreciated and valued, they respond with exceptional effort and go above and beyond expectations. In both professional and personal areas of life, the power of acknowledgment fuels dedication and loyalty. Do you want to have these elements and advantages with your team? GOAT is here to guide you. Click the link below to schedule a free quote for your business! #employees #employeebenefits #toptalent #retain #insurance #insuranceagent

An effective sales leader of mine once said, "know everything, and know everything else". The MarshBerry 2024 Compensation Study will provide agency owners and sales leaders with the power of KNOWING how competitive your compensation plans are or are not...

It’s not very often you’re in a room with such an Insurance industry A list! Today’s discussion was around “Making Insurance and career of choice” particularly for Brokerages. I’ve been to a number of events and involved with many round tables this year where the difficulties of attracting and retaining talent in the industry has been a hot topic. Salaries paid, level of experience on offer and divesity of teams are just some of the key themes. Today was a fantastic session hosted by Carolyn Blunt FCIPD and brought together a focus group to discuss just how we can start changing the stigma of the industry and how we can collectively work together to gain traction on the above pain points. Sharing what’s going on across our industry bodies such as BIBA & Association of British Insurers and hearing practical examples of how we are taking steps towards making positive change with inflight initiatives was just some of the discussion points covered. More practical support and ideas for your business to follow from this Broker Taskforce 💡 #watchthisspace #insurance #insurancebrokers #partnership #positivechange Nicola Maguire, Ajay Mistry ACMA, Lea Cheesbrough👩🏻💻, Carolyn Blunt FCIPD, Tracey Threlfall , Catherine Bragington, Ashleigh Gwilliam, Sarah Evans MCIPD, Donna Scully, Katie Mackie Liisa Antola Louise Baker

MarshBerry is conducting a comprehensive Compensation Study tailored specifically for retail insurance agents and brokers. Your participation in this survey provides invaluable data that: >Offers a comprehensive understanding of current compensation structures within the industry. >Identifies trends and benchmarks for various roles and levels. >Assesses the alignment of compensation packages with industry standards. Help position your firm for success by completing MarshBerry’s Agency & Broker Compensation Study by 3/1. #MarshBerry #FirstChoice #Insurance #Agencies #Brokers #Compensation https://hubs.ly/Q02gv_7_0