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2009 Best Practices Study | Agencies with Revenues Between $10,000,000 and $25,000,000 | Financial Stability
Agencies with Revenues Between $10,000,000 and $25,000,000
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Profile
Financial Stability
Accounts Receivable
Average
Top 25%
Balance Sheet
Current Ratio
1.26:1
1.73:1
Tangible Net Worth (% of Net Revenue)
12.7%
25.7%
Receivables/Payable Ratio
50.3%
-1.3%
Aged Receivables
% Receivables Aged Past 60 Days
-0.6%
1.2%
% Receivables Aged Past 90 Days
-5.7%
1.1%
Average
+25% Profit
+25% Growth
Agency Billed vs. Direct Billed by Carrier
% of P&C Revenues that are Agency Billed
47.3%
51.3%
40.9%
% of P&C Revenues that are Direct Billed
52.7%
48.7%
59.1%