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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