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19
2007 Best Practices Study | Agencies with Revenues Under $1,250,000 | Producer Info
Agencies with Revenues Under $1,250,000
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Executive
Perspectives
Profile
Productivity—Producers
Average
Top 25%
Commercial P&C Producers
Average Validated Producers
# Validated
1.5
High
3.0
Low
0.4
Average New Commissions Produced Annually
$52,452
$66,000
Average Book Serviced (Commissions)
$148,297
$300,778
Average Pay ($)
$49,030
Average Pay (% of Book Serviced)
33.1%
Group Life & Health Producers
Average Validated Producers
# Validated
1.0
High
1.0
Low
0.2
Average New Commissions Produced Annually
$17,495
*
Average Book Serviced (Commissions)
$90,762
*
Average Pay ($)
$42,597
Average Pay (% of Book Serviced)
46.9%
Personal P&C Producers
Average Validated Producers
# Validated
1.1
High
2.5
Low
0.4
Average New Commissions Produced Annually
$12,865
$22,611
Average Book Serviced (Commissions)
$100,912
$186,217
Average Pay ($)
$28,810
Average Pay (% of Book Serviced)
28.5%
Multi-Line Producers
Average Validated Producers
# Validated
1.6
High
4.0
Low
0.2
Average New Commissions Produced Annually
$49,469
$119,523
Average Book Serviced (Commissions)
$274,545
$501,450
Average Pay ($)
$73,138
Average Pay (% of Book Serviced)
26.6%
*Insufficient Data