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2008 Best Practices Study | Agencies with Revenues Between $2,500,000 and $5,000,000 | Producer Info
Agencies with Revenues Between $2,500,000 and $5,000,000
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
4.0
High
8.0
Low
1.0
Average New Commissions Produced Annually
$72,073
$124,353
Average Book Serviced (Commissions)
$523,821
$811,600
Average Pay ($)
$150,518
Average Pay (% of Book Serviced)
28.7%
Group Life & Health Producers
Average Validated Producers
# Validated
1.3
High
2.0
Low
0.3
Average New Commissions Produced Annually
$64,544
$114,604
Average Book Serviced (Commissions)
$332,466
$611,897
Average Pay ($)
$116,095
Average Pay (% of Book Serviced)
34.9%
Personal P&C Producers
Average Validated Producers
# Validated
2.3
High
5.0
Low
0.3
Average New Commissions Produced Annually
$49,796
$104,617
Average Book Serviced (Commissions)
$222,685
$547,330
Average Pay ($)
$56,857
Average Pay (% of Book Serviced)
25.5%
Multi-Line Producers
Average Validated Producers
# Validated
3.5
High
11.0
Low
1.0
Average New Commissions Produced Annually
$64,206
$146,244
Average Book Serviced (Commissions)
$417,128
$687,961
Average Pay ($)
$134,180
Average Pay (% of Book Serviced)
32.2%