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33

2009 Best Practices Study | Agencies with Revenues Between $1,250,000 and $2,500,000 | Producer Info

Agencies with Revenues Between $1,250,000 and $2,500,000

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

2.7

High

6.0

Low

1.0

Average New Commissions Produced Annually

$89,131

$192,000

Average Book Serviced (Commissions)

$335,496

$606,396

Average Pay ($)

$92,568

Average Pay (% of Book Serviced)

27.6%

Group Life & Health Producers

Average Validated Producers

# Validated

0.9

High

1.0

Low

0.5

Average New Commissions Produced Annually

$55,576

$126,414

Average Book Serviced (Commissions)

$195,785

$390,310

Average Pay ($)

$67,127

Average Pay (% of Book Serviced)

34.3%

Personal P&C Producers

Average Validated Producers

# Validated

1.4

High

3.0

Low

1.0

Average New Commissions Produced Annually

$28,119

$35,125

Average Book Serviced (Commissions)

$173,119

$256,667

Average Pay ($)

$53,558

Average Pay (% of Book Serviced)

30.9%

Multi-Line Producers

Average Validated Producers

# Validated

2.1

High

7.4

Low

0.5

Average New Commissions Produced Annually

$100,615

$202,950

Average Book Serviced (Commissions)

$564,619

$1,025,438

Average Pay ($)

$181,512

Average Pay (% of Book Serviced)

32.1%

*Insufficient Data