Table of Contents Table of Contents
Previous Page  179 / 191 Next Page
Information
Show Menu
Previous Page 179 / 191 Next Page
Page Background

2010 Best

Practices Study

Agencies

with Revenues

Over $25,000,000

179

Analysis of Agencies with Revenues Over $25,000,000

Mgmt. Perspectives

Profile

Revenues

Expenses

Profitability

Employee Overview

Producer Info

Staff Service Info

Technology

Insurance Carriers

Appendix

Average

+25% Profit

+25% Growth

Service Center Use

Total Personal Lines Commission placed in

Carrier Service Center

20.0%

67.3%

41.3%

Total Commercial Lines Commission placed in

Carrier Service Center

1.0%

1.8%

1.3%

Average

+ 25% Profit

+ 25% Growth

Workflow

*Insufficient Data

Use of Carrier Service Centers

Impact of Service Center Use

Commercial Lines Carriers

Personal Lines Carriers

Average

+ 25% Profit

+ 25% Growth

Retention

Commercial Lines Carriers

Personal Lines Carriers

Average

+ 25% Profit

+ 25% Growth

Profitability

Commercial Lines Carriers

Personal Lines Carriers

Average

+ 25% Profit

+ 25% Growth

Sales

Commercial Lines Carriers

Personal Lines Carriers

Very Negative

Very Positive

Very Negative

Very Positive

Very Negative

Very Positive

Very Negative

Very Positive

Very Negative

Very Positive

Very Negative

Very Positive

Very Negative

Very Positive

Very Negative

Very Positive