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13

2009 Best Practices Study | Agencies with Revenues Less than $1,250,000 | Producer Info

Agencies with Revenues Less than $1,250,000

Appendix

Insurance

Carriers

Technology

Service

Staff Info

Producer

Info

Employee

Overview

Financial

Stability

Revenues/

Expenses

Profile

Productivity—Producers

Average

Top 25%

Commercial P&C Producers

Average Validated Producers

# Validated

1.4

High

3.0

Low

0.5

Average New Commissions Produced Annually

$34,741

$58,285

Average Book Serviced (Commissions)

$160,840

$268,277

Average Pay ($)

$70,092

Average Pay (% of Book Serviced)

43.6%

Group Life & Health Producers

Average Validated Producers

# Validated

0.9

High

1.0

Low

0.5

Average New Commissions Produced Annually

$14,070

$30,461

Average Book Serviced (Commissions)

$75,520

$143,050

Average Pay ($)

$54,770

Average Pay (% of Book Serviced)

72.5%

Personal P&C Producers

Average Validated Producers

# Validated

1.0

High

2.5

Low

0.3

Average New Commissions Produced Annually

$23,693

$40,915

Average Book Serviced (Commissions)

$115,338

$191,411

Average Pay ($)

$31,472

Average Pay (% of Book Serviced)

27.3%

Multi-Line Producers

Average Validated Producers

# Validated

2.2

High

3.0

Low

1.0

Average New Commissions Produced Annually

$35,910

$56,281

Average Book Serviced (Commissions)

$251,685

$381,390

Average Pay ($)

$79,674

Average Pay (% of Book Serviced)

31.7%

*Insufficient Data