2016 Best Practices Study Gateway Preview

C Corp 11.1%

LLC 31.1%

 Northeast  Midwest

20.0% 26.7%

 West

8.9%

Partnership 6.7%

S Corp 51.1%

 Southeast  Southwest

24.4% 20.0%

Contingent / Bonus / Overrides 8.8%

28.7%

Other 0.8%

19.5%

18.4%

14.9%

Group L/H/F 16.9%

6.2%

6.1%

5.5%

Commercial P&C 53.4%

3.1%

Personal P&C 20.1%

Total Agency

Commercial P&C

Personal P&C

Group L/H/F

Median

Top Quartile

Note: Commercial P&C includes Bonds / Surety. Group L/H/F includes Group Medical, All Other Group, and Individual L/H/F .

 With a WASA of 54.5, agencies in this $5.0 - $10.0M size group had the oldest average shareholder profile in the BPS. This group’s Commercial P&C books contributed the greatest share of revenue (53.4%) and the highest median organic growth rate (6.2%) of all lines of business.  This is the smallest study group for which a majority of Group L/H/F commission is not derived from small accounts (under 50 lives). 

Group L&H

Commercial P&C

 < $5K

 Under 50 lives

29.9%

42.8%

 $5K to $10K

 From 50 to 100 lives

13.5%

20.7%

 $10K to $25K

 Over 100 lives

19.5%

36.5%

 $25K to $50K

15.5%

 > $50K

21.6%

Key Benchmarks Only – Order the full study from www.independentagent.com or 800.221.7917