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2009 Best Practices Study | Agencies with Revenues Over $25,000,000 | Technology
Agencies with Revenues Over $25,000,000
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Profile
Technology
1
Includes hardware/software leasing including offsite applications, supplies, maintenance & maintenance contracts, training, data lines, internet providers,
website development/maintenance, outside consulting fees, computer depreciation, software amortization, and any non-depreciated hardware/software.
Agency Management System Utilized
Average
Top 25%
Information Technology
Number of Employees (FTE)
6.9
High
23.6
Low
1.9
Total IT Payroll Expense ($)
$523,151
$1,060,771
As % of Total Compensation Expense
1.5%
Average
+25% Profit
+25% Growth
Total IT Expenses for Fiscal Year (as % of Net Rev)
1
2.3%
2.2%
2.9%
Other includes Terrace, Insurnet, and custom developed programs.