Table of Contents Table of Contents
Previous Page  7 / 97 Next Page
Information
Show Menu
Previous Page 7 / 97 Next Page
Page Background

SPECIAL PERSONAL LINES ANALYSIS

Agencies with Revenues Greater Than $1,250,000

Average

+25% Profit

Average Commissions Serviced

$177,521

$255,465

Average Pay

$33,715

How Time Was Spent:

Selling New Business

13.3%

Marketing (Placement)

16.8%

Claims Processing

4.4%

Customer Service

61.3%

Administration

4.1%

Producer Information

Average

+25% Profit

Average No. of Validated Producers

3.3

Average PL Commissions in Book

$248,237

$384,765

Average Pay/PL Producer

$64,865

CARRIER REPRESENTATION

Number of Carriers Represented

Average

+25% Profit

+25% Growth

No. of PL National

8.4

5.8

11.7

No. of PL Regional

4.3

3.9

4.7

Service Center Use

Total Pers'l Lines Commissions placed

in Carrier Service Center

13.3%

24.9%

9.3%

How Time Was Spent

13.3%

4.4%

61.3%

4.1%

16.8%

Selling New Business

Marketing (Placement)

Claims Processing

Customer Service

Administration

Page 7

2003 Best Practices Study