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2008 Best Practices Study | Agencies with Revenues Under $1,250,000 | Producer Info
Agencies with Revenues Under $1,250,000
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Profile
Productivity—Producers
Average
Top 25%
Commercial P&C Producers
Average Validated Producers
# Validated
1.4
High
3.0
Low
0.3
Average New Commissions Produced Annually
$59,238
$120,612
Average Book Serviced (Commissions)
$190,172
$352,143
Average Pay ($)
$66,082
Average Pay (% of Book Serviced)
34.7%
Group Life & Health Producers
Average Validated Producers
# Validated
0.7
High
1.0
Low
0.2
Average New Commissions Produced Annually
$13,233
$22,625
Average Book Serviced (Commissions)
$65,071
$133,075
Average Pay ($)
$42,525
Average Pay (% of Book Serviced)
65.4%
Personal P&C Producers
Average Validated Producers
# Validated
1.0
High
2.5
Low
0.5
Average New Commissions Produced Annually
$23,026
$40,799
Average Book Serviced (Commissions)
$111,634
$197,602
Average Pay ($)
$29,600
Average Pay (% of Book Serviced)
26.5%
Multi-Line Producers
Average Validated Producers
# Validated
1.9
High
3.0
Low
0.7
Average New Commissions Produced Annually
$36,285
$80,725
Average Book Serviced (Commissions)
$268,231
$455,323
Average Pay ($)
$74,690
Average Pay (% of Book Serviced)
27.8%