Table of Contents Table of Contents
Previous Page  25 / 113 Next Page
Information
Show Menu
Previous Page 25 / 113 Next Page
Page Background

Analysis of Agencies with Revenues Less than $500,000

25 of 113

Agencies with Revenues Less than $500,000

B. Producer Productivity

1. Commercial P&C Producer

Average

Top 25%

# Validated Producers

1.2

High

2.0

Low

0.5

Average New Comm Produced/Year

$22,621

*

Average Book Managed (Commissions)

$110,496

*

Average Pay ($)

$39,260

Average Pay (% of Book Serviced)

35.5%

Most Successful Commercial P&C Producer

Average New Commissions Produced/Year

$23,113

$49,535

Average Book Managed (Commissions)

$105,840

$190,525

Average Commission Per Account

$2,495

$5,783

How Most Successful Commercial Producer Spends Time

Soliciting New Business

23.1%

Servicing Existing Accounts

55.2%

Personal Training/Education/Professional Development

7.1%

Management/Personnel/Agency Administration

14.6%

* - Insufficient Data

How Time Was Spent

23.1%

55.2%

7.1%

14.6%

Soliciting New Business

Servicing Existing Accounts

Personal Training/Education/Professional Development

Management/Personnel/Agency Administration