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2008 Best Practices Study | Agencies with Revenues Between $1,250,000 and $2,500,000 | Technology
Agencies with Revenues Between $1,250,000 and $2,500,000
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Profile
Technology
1
Includes hardware/software leasing including offsite applications, supplies, maintenance & maintenance contracts, training, data lines, internet providers,
website development/maintenance, outside consulting fees, computer depreciation, software amortization, and any non-depreciated hardware/software.
Agency Management System Utilized
Average
Top 25%
Information Technology
Number of Employees (FTE)
0.6
High
2.0
Low
0.1
Total IT Payroll Expense ($)
$23,873
$43,325
As % of Total Compensation Expense
2.3%
Average
+25% Profit
+25% Growth
Total IT Expenses for Fiscal Year (as % of Net Rev)
2.1%
2.1%
1.8%