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Analysis of Agencies with Revenues Between $2,500,000 and $5,000,000

72 of 113

Agencies with Revenues Between $2,500,000 and $5,000,000

B. Producer Productivity

1. Commercial P&C Producer

Average

Top 25%

# Validated Producers

5.1

High

10.0

Low

1.0

Average New Comm Produced/Year

$55,186

$113,458

Average Book Managed (Commissions)

$328,149

$494,574

Average Pay ($)

$116,527

Average Pay (% of Book Serviced)

35.5%

Most Successful Commercial P&C Producer

Average New Commissions Produced/Year

$73,168

$138,830

Average Book Managed (Commissions)

$531,406

$928,561

Average Commission Per Account

$5,420

$12,615

How Most Successful Commercial Producer Spends Time

Soliciting New Business

29.5%

Servicing Existing Accounts

53.7%

Personal Training/Education/Professional Development

6.5%

Management/Personnel/Agency Administration

11.5%

How Time Was Spent

29.1%

53.1%

6.4%

11.3%

Soliciting New Business

Servicing Existing Accounts

Personal Training/Education/Professional Development

Management/Personnel/Agency Administration