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93

2009 Best Practices Study | Agencies with Revenues Between $10,000,000 and $25,000,000 | Producer Info

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

Productivity—Producers

Average

Top 25%

Commercial P&C Producers

Average Validated Producers

# Validated

11.4

High

21.0

Low

3.0

Average New Commissions Produced Annually

$96,101

$167,194

Average Book Serviced (Commissions)

$644,410

$956,672

Average Pay ($)

$216,940

Average Pay (% of Book Serviced)

33.7%

Group Life & Health Producers

Average Validated Producers

# Validated

3.4

High

9.0

Low

1.0

Average New Commissions Produced Annually

$131,859

$246,614

Average Book Serviced (Commissions)

$746,592

$1,009,468

Average Pay ($)

$232,547

Average Pay (% of Book Serviced)

31.1%

Personal P&C Producers

Average Validated Producers

# Validated

1.9

High

7.0

Low

0.6

Average New Commissions Produced Annually

$57,273

$97,334

Average Book Serviced (Commissions)

$423,922

$988,249

Average Pay ($)

$90,357

Average Pay (% of Book Serviced)

21.3%

Multi-Line Producers

Average Validated Producers

# Validated

16.7

High

43.0

Low

1.0

Average New Commissions Produced Annually

$85,082

$152,574

Average Book Serviced (Commissions)

$570,907

$971,447

Average Pay ($)

$215,344

Average Pay (% of Book Serviced)

37.7%