Women outnumber men in independent insurance agencies, making up almost 60% of employees, but they remain underrepresented in leadership positions.
However, new research suggests a concerning trend: a potential decline in women in agency leadership roles.
The State of Women in Independent Agencies report by Liberty Mutual and Safeco Insurance has revealed that while women have made notable strides in the industry, progress seems to have slowed. This year, only 26% of women surveyed said they were agency principals or owners, compared to 29% in 2022.