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2008 Best Practices Study | Agencies with Revenues Between $10,000,000 and $25,000,000 | Producer Info
Agencies with Revenues Between $10,000,000 and $25,000,000
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
10.2
High
20.0
Low
3.0
Average New Commissions Produced Annually
$108,395
$194,369
Average Book Serviced (Commissions)
$720,094
$1,087,212
Average Pay ($)
$242,744
Average Pay (% of Book Serviced)
33.7%
Group Life & Health Producers
Average Validated Producers
# Validated
3.6
High
14.0
Low
1.0
Average New Commissions Produced Annually
$123,862
$207,139
Average Book Serviced (Commissions)
$718,155
$1,088,755
Average Pay ($)
$246,381
Average Pay (% of Book Serviced)
34.3%
Personal P&C Producers
Average Validated Producers
# Validated
2.4
High
7.0
Low
0.6
Average New Commissions Produced Annually
$59,852
$94,814
Average Book Serviced (Commissions)
$362,307
$570,742
Average Pay ($)
$87,188
Average Pay (% of Book Serviced)
24.1%
Multi-Line Producers
Average Validated Producers
# Validated
16.1
High
40.0
Low
1.0
Average New Commissions Produced Annually
$98,441
$198,953
Average Book Serviced (Commissions)
$599,606
$1,232,764
Average Pay ($)
$187,838
Average Pay (% of Book Serviced)
31.3%