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2008 Best Practices Study | Agencies with Revenues Between $1,250,000 and $2,500,000 | Producer Info
Agencies with Revenues Between $1,250,000 and $2,500,000
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
2.4
High
5.0
Low
1.0
Average New Commissions Produced Annually
$70,363
$130,597
Average Book Serviced (Commissions)
$343,538
$669,272
Average Pay ($)
$108,626
Average Pay (% of Book Serviced)
31.6%
Group Life & Health Producers
Average Validated Producers
# Validated
1.0
High
1.0
Low
1.0
Average New Commissions Produced Annually
$25,442
$54,567
Average Book Serviced (Commissions)
$168,247
$263,440
Average Pay ($)
$72,583
Average Pay (% of Book Serviced)
43.1%
Personal P&C Producers
Average Validated Producers
# Validated
1.2
High
3.0
Low
1.0
Average New Commissions Produced Annually
$32,622
$56,197
Average Book Serviced (Commissions)
$160,421
$234,373
Average Pay ($)
$53,360
Average Pay (% of Book Serviced)
33.3%
Multi-Line Producers
Average Validated Producers
# Validated
2.4
High
5.0
Low
1.0
Average New Commissions Produced Annually
$86,644
$189,078
Average Book Serviced (Commissions)
$455,380
$845,549
Average Pay ($)
$148,162
Average Pay (% of Book Serviced)
32.5%