Executive Pay Practices Study

2023 Executive Pay Practices Study

2023 Executive Pay Practices Study

This study goes beyond the numbers and provides benchmarks for strategies and best practices related to compensation for top executives of mutual insurance companies. Produced with McLagan and sponsored by The Jacobson Group, the NAMIC Executive Pay Practices Study can help your company design better pay plans for your C-suite leaders.

Executive Summary

See the highlights of the 2023 survey in the executive summary.

Executive Pay Practices Study Summary


Contact Shelley Freitag at McLagan for options on purchasing the survey.

NAMIC members receive a discount for this study’s report:

NAMIC Members $2,500
Non-NAMIC Members $3,500

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Survey Benchmarks

  • Organizational Structure
  • Executive Pay Practice Strategy
  • Base Compensation Management
  • Contracts
  • Annual Incentive/Bonus Compensation
  • Long-term Bonus/Incentive Compensation
  • Retirement Benefits
  • Perquisites
  • Paid Time Off
  • Supplemental Executive Retirement Plans


Contact Brian Snyder at bsnyder@namic.org for more information about this unique study.


Brian Snyder
Director of Membership