2018 Best Practices Study

11.1%

12.1%

13.1%

13.6%

17.0%

17.3%

9.6%

25.4%

26.4%

33.2%

36.5%

32.1%

44.2%

33.3%

37.7%

26.8%

31.5%

31.4%

30.2%

28.8%

24.1%

23.8%

21.7%

19.0%

< $1.25M

$1.25M-$2.5M $2.5M-$5.0M $5.0M-$10.0M $10.0M-$25.0M

> $25.0M

Under 35 from WITHIN the Industry Over 35 from WITHIN the Industry Under 35 from OUTSIDE the Industry Over 35 from OUTSIDE the Industry

AGENCIES WITH REVENUES OF:

<$1.25M $1.25-$2.5M $2.5-$5M $5-$10M $10-$25M >$25M

Carrier Representation: Commercial P&C # of National Carriers # of Regional Carriers

4.2 4.6 8.8

9.1 6.3

13.4 11.3 24.7

13.6 21.0 34.6

19.9 33.9 53.8

59.2 60.4

Total

15.4

119.6

Personal P&C # of National Carriers # of Regional Carriers

4.7 4.9 9.6

8.6 5.4

7.4 6.0

8.1

9.1

17.1 17.5 34.6

11.5 19.6

11.7 20.8

Total

14.0

13.4

Life & Health/Financial

2.8

11.4

10.4

24.1

35.3

83.3

Commission Income from Top Carriers: Top P&C Carrier

30.1% 49.9%

26.6% 44.1%

21.7% 38.3%

14.8% 28.4%

11.3% 20.9%

7.6%

Top 3 P&C Carriers

15.6%

Top L/H/F Carrier Top 3 L/H/F Carriers

2.1% 2.6%

3.7% 5.5%

4.0% 5.9%

4.9% 8.6%

5.7%

6.5%

10.1%

12.4%

 77

Made with FlippingBook flipbook maker