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2007 Best Practices Study | Agencies with Revenues Between $2,500,000 and $5,000,000 | Producer Info
Agencies with Revenues Between $2,500,000 and $5,000,000
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
4.5
High
7.0
Low
2.0
Average New Commissions Produced Annually
$85,486
$145,288
Average Book Serviced (Commissions)
$443,912
$691,689
Average Pay ($)
$146,965
Average Pay (% of Book Serviced)
33.1%
Group Life & Health Producers
Average Validated Producers
# Validated
1.6
High
4.0
Low
1.0
Average New Commissions Produced Annually
$70,499
$114,687
Average Book Serviced (Commissions)
$388,755
$606,264
Average Pay ($)
$132,814
Average Pay (% of Book Serviced)
34.2%
Personal P&C Producers
Average Validated Producers
# Validated
2.3
High
5.0
Low
1.0
Average New Commissions Produced Annually
$44,943
$79,838
Average Book Serviced (Commissions)
$218,658
$414,267
Average Pay ($)
$54,963
Average Pay (% of Book Serviced)
25.1%
Multi-Line Producers
Average Validated Producers
# Validated
3.3
High
8.0
Low
1.0
Average New Commissions Produced Annually
$53,733
$111,478
Average Book Serviced (Commissions)
$369,349
$606,200
Average Pay ($)
$113,476
Average Pay (% of Book Serviced)
30.7%