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2008 Best Practices Study | Agencies with Revenues Over $25,000,000 | Technology
Agencies with Revenues Over $25,000,000
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Profile
Technology
1
Includes hardware/software leasing including offsite applications, supplies, maintenance & maintenance contracts, training, data lines, internet providers,
website development/maintenance, outside consulting fees, computer depreciation, software amortization, and any non-depreciated hardware/software.
Agency Management System Utilized
Average
Top 25%
Information Technology
Number of Employees (FTE)
7.7
High
23.5
Low
2.0
Total IT Payroll Expense ($)
$519,041
$986,979
As % of Total Compensation Expense
0.9%
Average
+25% Profit
+25% Growth
Total IT Expenses for Fiscal Year (as % of Net Rev)
2.2%
1.9%
2.1%
Other includes Terrace, QuickFile, SigXP, Xanatek, and custom developed programs.