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Average
+25% Profit
+25% Growth
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2007 Best Practices Study | Agencies with Revenues Between $1,250,000 and $2,500,000 | Revenues/Expenses
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Executive
Perspectives
Profile
Agencies with Revenues Between $1,250,000 and $2,500,000
Revenues
See the Insurance Carriers section for the average number of GLH carriers represented.
verage
Profit
Growth
Commercial
Comm &
Fees
Bonds
Personal
P&C
P&C -
VAS
Contingent/
Bonus
Group
Comm &
Fees
L&H -
Bonus/
Overrides
Investments
Individual
Comm &
Fees
L&H -
VAS
0%
10%
20%
30%
40%
50%
60%
Revenue by Source (as % of Total Revenues)
% of Revenues Derived from:
Average
+25% Profit
+25% Growth
Largest Account
4.7%
4.5%
6.3%
High
15.3%
Low
1.1%
10 Largest Accounts
15.2%
12.2%
19.3%
High
35.1%
Low
3.7%
Group Life & Health Revenue Breakdown (% from each source)
Average
+25% Profit
+25% Growth
Health
66.6%
68.4%
55.5%
Life
25.5%
25.6%
38.1%
Disability
2.1%
1.4%
1.1%
Dental
2.3%
0.4%
4.8%
Retirement Products
1.7%
4.3%
0.5%
Employee Benefits (TPA)
1.7%
0.0%
0.0%
All Other
0.0%
0.0%
0.0%