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2007 Best Practices Study | Agencies with Revenues Between $1,250,000 and $2,500,000 | Producer Info
Agencies with Revenues Between $1,250,000 and $2,500,000
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
2.2
High
5.0
Low
1.0
Average New Commissions Produced Annually
$83,994
$146,525
Average Book Serviced (Commissions)
$371,853
$720,939
Average Pay ($)
$107,563
Average Pay (% of Book Serviced)
28.9%
Group Life & Health Producers
Average Validated Producers
# Validated
0.9
High
1.0
Low
0.5
Average New Commissions Produced Annually
$36,674
$63,616
Average Book Serviced (Commissions)
$254,591
$583,432
Average Pay ($)
$121,858
Average Pay (% of Book Serviced)
47.9%
Personal P&C Producers
Average Validated Producers
# Validated
1.4
High
3.0
Low
0.5
Average New Commissions Produced Annually
$42,293
$71,389
Average Book Serviced (Commissions)
$179,414
$267,163
Average Pay ($)
$55,116
Average Pay (% of Book Serviced)
30.7%
Multi-Line Producers
Average Validated Producers
# Validated
3.1
High
9.0
Low
1.0
Average New Commissions Produced Annually
$71,634
$152,400
Average Book Serviced (Commissions)
$343,016
$802,932
Average Pay ($)
$121,432
Average Pay (% of Book Serviced)
35.4%