2001 Best Practices Study
Analysis of Agencies with Revenues Between $500,000 and $1,250,000
Most Successful Commercial P&C Producer
Average $40,139 $229,304
Top 25% $70,035 $390,737
Average New Commissions Produced/Year Average Book Managed (Commissions)
Average Commission Per Account
$1,611
$3,592
How Most Successful Commercial Producer Spends Time
Soliciting New Business Servicing Existing Accounts
35.8% 39.7%
Personal Training/Education/Professional Dev. Management/Personnel/Agency Administration
8.5%
16.0%
How Time Was Spent
16.0%
35.8%
8.5%
39.7% Soliciting New Business Servicing Existing Accounts
Personal Training/Education/Professional Dev. Management/Personnel/Agency Administration
2. Group Life & Health Producer
Average
Top 25%
# Validated Producers
1.5 4.0 1.0
High Low
Average New Comm Produced/Year Average Book Managed (Commissions)
$41,941 $217,746 $51,183
$71,493 $423,738
Average Pay ($)
Average Pay (% of Book Serviced)
23.5%
Most Successful Group L&H Producer
Average
Top 25%
Average New Commissions Produced/Year Average Book Managed (Commissions)
* * * * * * *
* * *
Average Commission Per Account
How Most Successful L&H Producer Spends Time
Soliciting New Business Servicing Existing Accounts
Personal Training/Education/Professional Dev. Management/Personnel/Agency Administration
INSUFFICIENT DATA - CHART NOT APPLICABLE
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