MarshBerry’s 2025 Insurance Agency & Brokerage Compensation Report is now available for purchase.
The report delivers critical insights into compensation, hiring, and workforce trends shaping the insurance industry — with a sharp focus on the forces influencing retention, recruitment, and employee investment.
Key findings from the 2025 report include:
- National resilience vs. industry tightness: While U.S. unemployment held steady at 4.1% in 2024, insurance industry unemployment remained significantly lower, rising modestly from 2.0% to just 2.5%.
- Lower staff turnover in insurance: Employee turnover in insurance brokerage firms was 16.4% in 2024, notably below the 20–25% range seen across the broader financial services sector.
- Hiring remains strong: Insurance brokers reported a 19.9% new hire rate in 2024, underscoring continued investment in growth.
- Flexibility endures: Approximately 80% of firms reported no planned changes to remote or hybrid work in 2025 — with smaller firms more likely to reevaluate.
This proprietary industry report offers a comprehensive look at current compensation data for 38 roles commonly found across insurance agents and brokers. The report offers insight on:
- Executive & Management Compensation
- Producer Compensation Strategies & Incentives
- Service and Support Staff Compensation
- Employee Benefits Trends
As firms refine their growth strategies in 2025, MarshBerry’s Insurance Agency & Brokerage Compensation Report serves as an essential resource to benchmark performance, align compensation models, and attract high-performing talent.
The report is available for purchase for $3,500 and includes a data supplement that summarizes the information from the PDF report into easy-to-read tables. No specific company information is published or identified in the report or the supplement.
