Who were the respondents to the NU/PIA Independent Agent Survey? Here we break them down by the numbers.
Experience was definitely a factor among those who responded to the survey, with 91.7 percent saying they have been in the P&C insurance industry for more than 15 years. Only 23 percent responded that they have been in the industry for less than five years.
Related: Less than half of surveyed independent agents have a perpetuation plan for their businesses
The majority of agents (33.8 percent) said they are between the ages of 50-59, and the smallest percentage (3.2 percent) said they are between the ages of 30-39. Not surprisingly, most respondents (62.7 percent) said they are agency owners/principals.
Learn more about the survey respondents in the infographic below. Read the entire 2017 NU/PIA Independent Agent Survey here.
Related: Independent agents' most highly rated insurers in 13 key P&C markets
(Click image to enlarge.)
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Shawn Moynihan
Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].
