2011 Best Practices Study

Analysis of Agencies with Revenues Between $2,500,000 and $5,000,000

Revenue by Account Size (as measured by Comm. & Fees – not premium)

Key Benchmarks Profile

Average

+25% Profit

+25% Growth

Commercial P&C Total Commissions & Fees in Book

Revenues Expenses Profitability Employee Overview Producer Info Staff Service Info Technology Insurance Carriers Appendix

$2,198,609

$2,652,085

$2,163,926

Greater than $25,000 % of Book

33.0%

46.6%

42.9%

# of Accounts Total Revenue

12.3

15.7

13.3

$746,585 $60,769

$1,236,508

$929,221 $69,692

Revenue per Account

$78,926

Between $10,000 and $25,000 % of Book

17.0%

15.2%

17.9%

# of Accounts Total Revenue

25.3

28.0

27.7

$374,357 $14,826

$404,222 $14,436

$387,216 $13,996

Revenue per Account

Between $5,000 and $10,000 % of Book

14.8%

14.4%

13.5%

# of Accounts Total Revenue

47.4

56.1

42.7

$325,607

$381,981

$291,807

Revenue per Account

$6,875

$6,808

$6,839

Less than $5,000

% of Book

35.1%

23.7%

25.7%

# of Accounts Total Revenue

1,179.0

1,359.5

696.3

$794,879

$708,046

$555,683

Revenue per Account

$674

$521

$798

(as measured by Comm. & Fees – not premium)

Average

+25% Profit

+25% Growth

Group L&H/Financial Total Commissions & Fees in Book

$399,345

$235,451

$519,698

Greater than $25,000 % of Book

31.8%

20.8%

36.7%

# of Accounts Total Revenue

3.7

1.7

5.2

$184,312 $50,496

$57,037 $34,222

$266,785 $51,305

Revenue per Account

Between $10,000 and $25,000 % of Book

20.6%

20.2%

19.4%

# of Accounts Total Revenue

6.6

4.6

6.6

$99,534 $15,119

$66,736 $14,508

$100,615 $15,311

Revenue per Account

Between $5,000 and $10,000 % of Book

2011 Best Practices Study

15.0%

14.2%

16.5%

# of Accounts Total Revenue

9.9

5.3

12.4

$66,957 $6,774

$33,471 $6,332

$85,601 $6,887

Agencies with Revenues Between $2,500,000 and $5,000,000

Revenue per Account

Less than $5,000

% of Book

32.5%

44.8%

27.5%

# of Accounts Total Revenue

198.6

100.0

233.6

$129,831

$105,423

$142,921

54

Revenue per Account

$654

$1,054

$612

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