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53

2009 Best Practices Study | Agencies with Revenues Between $2,500,000 and $5,000,000 | Producer Info

Agencies with Revenues Between $2,500,000 and $5,000,000

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

3.9

High

7.0

Low

1.0

Average New Commissions Produced Annually

$78,734

$161,418

Average Book Serviced (Commissions)

$506,997

$1,013,380

Average Pay ($)

$143,747

Average Pay (% of Book Serviced)

28.4%

Group Life & Health Producers

Average Validated Producers

# Validated

1.3

High

2.0

Low

0.3

Average New Commissions Produced Annually

$64,861

$133,119

Average Book Serviced (Commissions)

$390,769

$877,602

Average Pay ($)

$154,953

Average Pay (% of Book Serviced)

39.7%

Personal P&C Producers

Average Validated Producers

# Validated

1.8

High

5.0

Low

0.3

Average New Commissions Produced Annually

$44,732

$89,373

Average Book Serviced (Commissions)

$269,314

$478,494

Average Pay ($)

$57,580

Average Pay (% of Book Serviced)

21.4%

Multi-Line Producers

Average Validated Producers

# Validated

3.4

High

9.0

Low

1.0

Average New Commissions Produced Annually

$61,403

$141,860

Average Book Serviced (Commissions)

$394,592

$651,938

Average Pay ($)

$119,424

Average Pay (% of Book Serviced)

30.3%

*Insufficient Data