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Analysis of Agencies with Revenues Between $5,000,000 and $10,000,000

88 of 113

Agencies with Revenues Between $5,000,000 and $10,000,000

B. Producer Productivity

1. Commercial P&C Producer

Average

Top 25%

# Validated Producers

8.4

High

16.0

Low

2.0

Average New Comm Produced/Year

$56,293

$88,734

Average Book Managed (Commissions)

$407,855

$635,160

Average Pay ($)

$134,411

Average Pay (% of Book Serviced)

33.0%

Most Successful Commercial P&C Producer

Average New Commissions Produced/Year

$98,719

$154,386

Average Book Managed (Commissions)

$832,377 $1,341,789

Average Commission Per Account

$12,555

$27,719

How Most Successful Commercial Producer Spends Time

Soliciting New Business

29.6%

Servicing Existing Accounts

47.0%

Personal Training/Education/Professional Development

9.3%

Management/Personnel/Agency Administration

15.1%

How Time Was Spent

29.3%

46.6%

9.2%

15.0%

Soliciting New Business

Servicing Existing Accounts

Personal Training/Education/Professional Development

Management/Personnel/Agency Administration