Governance Practices & Board Compensation


This powerful survey tool can help mutual insurance companies measure director compensation and board best practices with peer companies in the industry. Discover if your director pay packages are competitive and learn how your company stacks up in its succession planning and meeting practices with similar companies. This survey serves as a useful resource to help you improve your board-related tasks and recruitment of new directors.

Reports for the 2018 data set are now available. An annual subscription is required to download the reports.

Companies that enter at least 80 percent of their data receive a discount on an annual subscription. See below for details. NAMIC is still accepting data for this survey, so it is not too late to participate.


Please follow these steps:

  1. Start by logging into your NAMIC account from the top menu area on You must do this first before trying to access the survey. If you need to reset your password, click here.

  2. From this page, click on the Login link in the blue menu area on the left.

  3. Once you are in the survey module, you can click on the categories to enter your data.

Tip: Remember to use the “copy prior data” tool in the survey when adding your new data. This will carry over the previous year’s data and save you time.

Is This Your First Time Participating?

Download the Quick Start Guide to learn how to get started. You can also use the Data Collection Sheet to easily organize your input data.


NAMIC members that enter at least 80 percent of their data will receive a discount of nearly 30% on an annual subscription to the survey reports.

Member Participant: $549
Member Purchaser: $749
Non-member Participant: $749
Non-member Purchaser: $1,249

An annual subscription allows you to download unlimited reports for any year in which you’ve entered data for 12 months.

What Is Included in the Report?

  • Governance practices

  • Remuneration and benefits for the board with details on retainers, per-meeting fees, and other compensation

  • Chairman remuneration

  • Committee structure and meeting frequency

  • Meeting materials distribution and technology usage

  • Succession planning and evaluation for board members and CEOs

  • Risk oversight responsibility

  • Director education philosophy and reimbursement

Want to See What a Sample Report Looks Like?

Download this Sample Report to view examples of the data you will receive.

Give Others Permission to Enter or View Data

You can grant authority to others in your organization to enter data and/or review reports by clicking the “assign others access” button in the menu on the left side of this web page. Simply fill out the contact information form for the person who will be entering the data and select the level of access you want them to have, and NAMIC will grant the authority to that person.


Members are encouraged to continue to enter data all year, so check back often to ensure you have the most current results.


Please download and review the documents and webinar linked above on this page to help you get more familiar with the Governance Practices & Board Compensation tool and to learn how you can save time and money when you participate. If you still have questions or need assistance getting started contact us via email or call (317) 875-5250.


Brian Snyder
Marketing Manager - Products & Services