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2007 Best Practices Study | Agencies with Revenues Over $25,000,000 | Insurance Carriers
Agencies with Revenues Over $25,000,000
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Executive
Perspectives
Profile
Workflow
Average
+25% Profit
+25% Growth
Use of Carrier Service Centers
Very Negative
# Personal Lines Carriers
Very Positive
Very Negative
Very Positive
# Commercial Lines Carriers
Retention
Average
+25% Profit
+25% Growth
Very Negative
# Personal Lines Carriers
Very Positive
Very Negative
Very Positive
# Commercial Lines Carriers
Profitability
Average
+25% Profit
+25% Growth
Very Negative
# Personal Lines Carriers
Very Positive
Very Negative
Very Positive
# Commercial Lines Carriers
Sales
Average
+25% Profit
+25% Growth
Very Negative
# Personal Lines Carriers
Very Positive
Very Negative
Very Positive
# Commercial Lines Carriers
Insufficient Data
Insufficient Data
Insufficient Data
Insufficient Data
Average
+25% Profit
+25% Growth
Total Personal Lines Comm. placed in
Carrier Service Center
24.5%
*
*
Total Commercial Lines Comm. placed in
Carrier Service Center
1.8%
2.4%
2.1%
*Insufficient Data
Impact of Service Center Use