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73

2009 Best Practices Study | Agencies with Revenues Between $5,000,000 and $10,000,000 | Producer Info

Agencies with Revenues Between $5,000,000 and $10,000,000

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

6.3

High

13.0

Low

2.0

Average New Commissions Produced Annually

$73,384

$146,322

Average Book Serviced (Commissions)

$559,202

$757,456

Average Pay ($)

$196,743

Average Pay (% of Book Serviced)

35.2%

Group Life & Health Producers

Average Validated Producers

# Validated

2.6

High

11.0

Low

1.0

Average New Commissions Produced Annually

$91,798

$171,048

Average Book Serviced (Commissions)

$501,749

$793,124

Average Pay ($)

$188,788

Average Pay (% of Book Serviced)

37.6%

Personal P&C Producers

Average Validated Producers

# Validated

5.3

High

28.0

Low

1.0

Average New Commissions Produced Annually

$42,109

$83,260

Average Book Serviced (Commissions)

$232,156

$568,194

Average Pay ($)

$57,808

Average Pay (% of Book Serviced)

24.9%

Multi-Line Producers

Average Validated Producers

# Validated

5.2

High

15.0

Low

1.0

Average New Commissions Produced Annually

$73,333

$156,258

Average Book Serviced (Commissions)

$553,487

$1,121,640

Average Pay ($)

$188,475

Average Pay (% of Book Serviced)

34.1%

*Insufficient Data