Table of Contents Table of Contents
Previous Page  140 / 148 Next Page
Information
Show Menu
Previous Page 140 / 148 Next Page
Page Background

Analysis of Agencies with Revenues

Greater Than $10,000,000

Most Successful Group L&H Producer

Average

Top 25%

Average New Commissions Produced/Year

$129,707

$237,710

Average Book Managed (Commissions)

$933,298

$1,602,282

Average Commission Per Account

$29,720

$73,129

Soliciting New Business

32.2%

Servicing Existing Accounts

52.5%

Personal Training/Education/Professional Dev.

7.1%

Management/Personnel/Agency Administration

8.3%

3. Personal P&C Producers

Average

Top 25%

# Validated Producers

3.0

A

v

er

a

g

e

High

12.0

Low

1.0

Average New Comm Produced/Year

$36,057

$54,532

Average Book Managed (Commissions)

$323,704

$583,620

A

v

er

a

g

e

Average Pay ($)

$77,273

Average Pay (% of Book Serviced)

23.9%

4. Multi-line Producers

Average

Top 25%

# Validated Producers

6.3

High

17.0

Low

1.0

Average New Comm Produced/Year

$81,697

*

Average Book Managed (Commissions)

$412,000

*

Average Pay ($)

$128,100

Average Pay (% of Book Serviced)

31.1%

* - Insufficient Data

How Most Successful L&H Producer Spends Time

How Time Was Spent

32.2%

7.1%

8.3%

52.4%

Soliciting New Business

Servicing Existing Accounts

Personal Training/Education/Professional Dev.

Management/Personnel/Agency Administration

2

140