2008 Best Practices Study
Agencies with Revenues Between $10,000,000 and $25,000,000
Profile
Revenues/ Expenses
Financial Stability
Employee Overview
Producer Info
Service Staff Info
Technology
Insurance Carriers
Appendix
Technology
Average
Top 25%
Information Technology Number of Employees (FTE)
2.0 5.0 0.4
High
Low
Total IT Payroll Expense ($)
$140,042
$238,591
As % of Total Compensation Expense
1.4%
Average
+25% Profit
+25% Growth
Total IT Expenses for Fiscal Year (as % of Net Rev)
1.8%
1.5%
1.6%
1 Includes hardware/software leasing including offsite applications, supplies, maintenance & maintenance contracts, training, data lines, internet providers, website development/maintenance, outside consulting fees, computer depreciation, software amortization, and any non-depreciated hardware/software.
Agency Management System Utilized
97 2008 Best Practices Study | Agencies with Revenues Between $10,000,000 and $25,000,000 | Technology
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