leading an insurance agency:
HOW TO GET BUY-IN
& results
welcome
Too many independent insurance agencies miss the mark on effective performance driven leadership. In the US Military, each leader can have no more than 6-8 direct reports. With agencies in need of embracing technology, accountability and developing a growth mindset, effective leadership is the key to long term sustainability.
How do you become a leader of an independent insurance agency? Maybe it was your family’s business or you were a top performer in your area. But did anyone ever really teach you about how to be an effective leader? For most of us no, it was trial by fire and even today after decades of leadership experience there is still more to learn. Ineffective leadership has sizeable and dramatic costs. Instead, invest in your team’s leadership development to help your agency run smoothly and efficiently.
role of a leader
WHAT DO EFFECTIVE LEADERS FOCUS ON?
The role of an insurance agency leader is to execute the agency’s strategic plan, focus on profitability, ensure agency stability, develop culture, and build the next generation of leaders. A great leader celebrates success, solves problems and holds the team accountable to hitting their potential.
Here are a few sample KEY PERFORMANCE INDICATORS YOU CAN USE TO TRACK AGENCY LEADERS.
A great way to manage effective leadership is to look to see is the book growing? Growth can come from the following ways to increase premium or revenue:
- New Business
- Cross Sales
- Endorsements
- Audits
- Placing Business With Top Carriers
Also, book growth can be downgraded by:
- Cancellations
- Remarkets
- Endorsements
- Placing Business with Lower Tier Carriers
- Service Related Issues
When the book is growing at the target rate you know the leaders is having success.
The age old statement: you can’t take premium to the bank is true. Revenue must be on track to grow. Revenue growth is based on writing with the right carriers, maximizing each sale and working hard to grow from the current book of business.
Retaining agency business is a delicate balance of effective service, focusing in in the right clients, being proactive at renewal, remarketing tastefully and cross-selling. For most agencies growing retention means setting effective goals and providing the team the right training and strategy to execute.
Setting and hitting sales goals is the key to long-term growth. Sales teams need motivation, training, accountability and a clearly rehearsed process. Diagnosing sales challenges and working with individuals ensures your agency has a clear pathway to growth.
Employee morale and culture are moving targets. Having leaders be on the pulse of what is happening both personally and professionally will help you develop the team while holding accountability. The biggest driver of a positive culture is when the team wins. Great leaders help develop plans and execute strategies to win. Now, if you agency’s culture has been not based on performance or accountability and a new leader steps in with these strategies – you can guess morale may tank. If your team doesn’t want accountability or to be reviewed on performance you have a people problem not a leadership problem.
Turnover may happen when a new leader helps align the agency toward performance. The good news is it’s not the people who you want to stay who leave it’s generally the people causing the most challenges. Once you are on track and performing you want to watch team turn over.
Does your agency need a strategic plan?
Let’s look at what is included in a strong annual strategic plan:
Begin your strategic planning with a thorough Analysis of the Agency and Team. This step is crucial for understanding where your agency stands and identifying areas for growth. Utilize our workbook to evaluate your agency’s strengths, weaknesses, opportunities, and threats (SWOT analysis). Engage your team in honest discussions to gain valuable insights and foster a collaborative environment. This foundational analysis will set the stage for informed decision-making and strategic development, ensuring your agency is poised for success.
- Team Feedback Survey
- SWOT
- Review Last Year’s Plan
- Report Review
- Team Performance Review
- Competition Review
- Carrier Review
- Tech Stack
Start your strategic planning journey with Step 1: Building Your Plan. This step is essential for charting the course for your agency’s future. Our workbook guides you through setting clear, achievable goals and creating actionable strategies to reach them. Collaborate with your team to brainstorm innovative ideas and outline key initiatives that will drive your agency forward. With a well-structured plan in place, you’ll be ready to tackle with confidence and purpose, ensuring a prosperous year ahead for your agency.
- 10-Year Vision
- 1-Year Plan
- Agency Projects
- Setting Goals
- Potential Road blocks
- Resources
- Annual Theme
Step 3 of our strategic planning workbook focuses on turning your goals into reality: How Do We Get There? How Do We Win? This step is all about creating a detailed action plan that outlines the strategies, tactics, and resources needed to achieve your objectives. Collaborate with your team to define clear milestones, assign responsibilities, and set deadlines. By developing a roadmap for success, you’ll ensure everyone is aligned and committed to driving your agency forward. Let this step guide you in transforming your vision into victory.
- Resource Review
- Job Descriptions
- Ideal Customer
- Agency Standards
- Process Review
- Values
- Incentive Plan
- Celebrating Success
- Fun
- Plan If We Get Off Track
- Tracking Our Plan
In Step 4 of our strategic planning workbook, focus on Rolling Out the Plan and Earning Team Buy-In. This critical step ensures that your carefully crafted strategies are effectively communicated and embraced by your entire team. Use this phase to present your plan clearly, highlighting key goals and the roles each team member will play in achieving them. Foster an open dialogue to address any questions and gather valuable feedback. By engaging your team and securing their commitment, you’ll create a united front ready to execute the plan and drive your agency toward success.
- Launch Party
- Agenda for Launch Party
- Post Meeting Steps
- Leadership Recap
Step 5 of our strategic planning workbook is all about Keeping Your Plan on Track and Staying the Course. This step focuses on monitoring progress, making adjustments, and ensuring your agency remains aligned with its goals. Identify how to set up regular check-ins, track key performance indicators, and review milestones. Encourage continuous communication and feedback within your team to address any challenges promptly. By maintaining vigilance and flexibility, you’ll ensure your agency stays on course and successfully achieves its strategic objectives.
- Annual Plan Strategic Tracker
- Leadership Team Meetings
- Department Meetings
- 1:1s
- Sharing Reports
- Incentives & Celebrations
- Off-Track Plan
- Radical Honesty & Accountability
- All-Hands-on-Deck Meetings
- Failure Analysis
Most agency owners treat leadership meetings as “when we have time” or “when things are on fire.” The best agencies treat them as non-negotiable, weekly oxygen.
A standing, protected 90-minute leadership meeting—same day, same time, no exceptions—does more than share updates. It creates the only predictable space where the executive team actually thinks together, spots problems early, aligns on priorities, and solves the real issues that quietly kill growth. Skip it or keep pushing it off and decisions get made in hallways, resentment builds in silos, and the agency drifts. Protect it religiously and suddenly everything starts moving faster: accountability sharpens, fires get smaller and fewer, and the entire business feels lighter and more in control.
One routine meeting a week is the highest-leverage habit an agency owner can build. Make it sacred, and watch the rest of the agency fall into line behind it.
Most agency leaders manage their people through drive-by chats, group emails, and the occasional “close the door” moment when things have already gone sideways. The best owners treat weekly 1:1 meetings as sacred, non-negotiable appointments.
A protected 30–60 minutes every week with each direct report isn’t “nice to have”—it’s the single highest-leverage habit that turns good team members into great ones and keeps great ones from quietly burning out or walking out. In that one conversation you catch small issues before they become big ones, celebrate wins while they’re still fresh, align on priorities, remove roadblocks in real time, and show every person they actually matter. Skip them and resentment festers, performance drifts, and top talent starts polishing their résumé. Protect them religiously and suddenly people feel seen, bottlenecks vanish, accountability skyrockets, and your best people stay for decades.
One routine 1:1 per week per person is the difference between managing a team and truly leading one. Make it sacred, and everything else in the agency gets easier.
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Most agency leaders let department meetings happen “whenever” or only when something’s broken. The best owners treat them as a protected weekly pulse that keeps every team tight, focused, and moving in the same direction.
A standing 45–60 minute department meeting—same day, same time, no cancellations—isn’t another meeting for the sake of meeting. It’s the only guaranteed place where the whole team celebrates wins, surfaces roadblocks early, aligns on priorities, shares customer feedback, and solves issues before they spread. Skip them or treat them as optional and silos deepen, little frustrations grow into big morale killers, and the right hand never knows what the left is doing. Protect them like oxygen and suddenly execution gets sharper, communication becomes effortless, and every person feels part of something bigger than their inbox.
One routine department meeting per week is the glue that turns a group of individuals into a high-performing team. Make it sacred, and the entire agency runs smoother, faster, and happier.
Most agency leaders only call an all-hands meeting when there’s bad news to deliver or a big announcement to make. The best owners treat it as a protected monthly heartbeat that keeps the entire agency connected, inspired, and rowing in perfect sync.
A standing 60-minute all-hands—same time every month, no exceptions—isn’t a lecture or a data dump. It’s the one moment when everyone hears the same vision, celebrates the same wins, sees the real scoreboard, learns what’s coming next, and feels undeniably part of the bigger picture. Skip it or make it random and rumors fill the vacuum, silos harden, and people quietly disengage. Protect it like gold and suddenly morale climbs, gossip dies, alignment becomes automatic, and every single person—from producer to processor—knows exactly how their daily work moves the agency forward.
One routine all-hands per month is the fastest way to build a true “one team” culture. Make it sacred, and watch your agency feel smaller, stronger, and unstoppable.
Most agency leaders treat annual reviews like a painful HR checkbox—rushed, awkward, and forgotten five minutes after they’re over. The best owners treat them as the single most important conversation of the year.
A protected, well-prepared annual review isn’t a report card or a negotiation; it’s a career-defining 60–90 minutes where you celebrate growth, align on the future, remove hidden frustrations, and map out exactly how this person levels up, earns more, and stays excited to be here for years to come. Skip them, wing them, or make them feel transactional and your best people start looking elsewhere while average ones stay comfortable and stagnant. Prepare them thoughtfully, deliver them with care, and schedule them like the Super Bowl of leadership—because suddenly retention skyrockets, performance gaps close fast, and everyone from new hires to veterans knows exactly where they stand and how to win.
One great annual review per team member per year is the difference between managing employees and building a team that grows with you. Make it sacred, and your best people will never want to leave.
Earning team buy-in takes time and a steady approach.
Getting your team to buy-in to any initiative does take a great deal of planning. For your team to buy-in you have to start with the why:
Why you are doing this?
What problems this will solve?
What is the cost of doing nothing?
Most people don’t change until the discomfort of staying the same out weights the discomfort of change. Leaders need to paint a very clear and vivid picture of what embracing the change will provide them.
When rolling out anything new you must have ever detail ready. Everything from training, to process, to videos or screen shots and how you will be tracking success. Be prepared to have conversations if team members are not following the plan and have consequences ready.
HOW LEADERS CAN RECOGNIZE THEIR TEAMS
Create a program for on the spot recognition. This could be a gift card, note, a shout out at a team meeting or other method. Leaders need to be great at on the spot recognition.
We have an incentive plan that works really well called our Agency Growth Bonus. Team members must be in good standing but each quarter the team gets to split 10% of revenue growth. When the team can see it each week it motivates behaviors.
Too many agencies ignore the value of annual reviews. You can evaluate the team member’s performance and adjust their compensation based on their value. Without annual reviews you will loose good people.
What’s Next?
You may have read this page once, twice, or even three times and be puzzled about how to use all this great information! I wanted to give you three easy ways to use this report to benefit your team, agency and clients.