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2008 Best Practices Study | Agencies with Revenues Between $5,000,000 and $10,000,000 | Producer Info
Agencies with Revenues Between $5,000,000 and $10,000,000
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
6.7
High
13.0
Low
2.0
Average New Commissions Produced Annually
$69,378
$123,720
Average Book Serviced (Commissions)
$612,280
$842,632
Average Pay ($)
$213,689
Average Pay (% of Book Serviced)
34.9%
Group Life & Health Producers
Average Validated Producers
# Validated
2.9
High
11.0
Low
1.0
Average New Commissions Produced Annually
$85,990
$174,567
Average Book Serviced (Commissions)
$390,489
$657,984
Average Pay ($)
$147,988
Average Pay (% of Book Serviced)
37.9%
Personal P&C Producers
Average Validated Producers
# Validated
2.5
High
31.0
Low
1.0
Average New Commissions Produced Annually
$40,717
$76,760
Average Book Serviced (Commissions)
$286,613
$588,295
Average Pay ($)
$57,228
Average Pay (% of Book Serviced)
20.0%
Multi-Line Producers
Average Validated Producers
# Validated
5.9
High
12.0
Low
2.0
Average New Commissions Produced Annually
$79,779
$147,086
Average Book Serviced (Commissions)
$468,961
$814,652
Average Pay ($)
$179,852
Average Pay (% of Book Serviced)
38.4%