2010 Best Practices Study
Analysis of Agencies with Revenues Over $25,000,000
Mgmt. Perspectives
Validated Producer Productivity
Profile
Revenues
Average
Top 25%
Commercial P&C Producers Average Validated Producers # Validated
Expenses
Profitability
32.4 89.0 11.0
High Low
Employee Overview
Producer Info
Average New Commissions Produced Annually
$116,609 $839,078 $241,112
$198,434 $999,451
Average Book Serviced (Commissions)
Staff Service Info
Average Pay ($)
Technology
Average Pay (% of Book Serviced)
28.7%
Group Life & Health Producers Average Validated Producers # Validated
Insurance Carriers
Appendix
14.7 42.5
High Low
4.0
Average New Commissions Produced Annually
$143,662 $849,658 $247,141
$248,622 $1,227,342
Average Book Serviced (Commissions)
Average Pay ($)
Average Pay (% of Book Serviced)
29.1%
Personal P&C Producers Average Validated Producers # Validated
3.1
High Low
14.0
1.0
Average New Commissions Produced Annually
$46,730 $453,543 $129,709
$87,262 $717,495
Average Book Serviced (Commissions)
Average Pay ($)
Average Pay (% of Book Serviced)
28.6%
Multi-Line Producers Average Validated Producers # Validated
* * * * * * *
High Low
2010 Best Practices Study
Average New Commissions Produced Annually
* *
Average Book Serviced (Commissions)
Average Pay ($)
Agencies with Revenues Over $25,000,000
Average Pay (% of Book Serviced)
*Insufficient Data
Average
+25% Profit
+25% Growth
% of Agencies That Reimburse All/Part T&E Expense
73.7%
80.0%
80.0%
170
% of Earned Premium charged back to Producers for bad debt write-offs: 66.7%
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