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Analysis of Agencies with Revenues

Between $5,000,000 and $10,000,000

CARRIER REPRESENTATION

A. Number of Carriers Represented

Average

+25% Profit

+25% Growth

Personal Lines

National

7.4

6.5

5.6

Regional

3.4

4.9

3.6

Commercial Lines

National

19.6

12.5

9.6

Regional

8.7

10.1

7.6

Total Carriers

39.1

34.0

26.4

B. Commission Income as % of Net Revenue

Average

+25% Profit

+25% Growth

% of Net Rev from Top Carrier

13.6%

13.1%

11.3%

% of Net Rev from Top 3 Carriers

29.6%

32.1%

28.1%

C. Service Center Use

Total Pers'l Lines Commissions placed

in Carrier Service Center

13.0%

26.6%

26.3%

Total Comm'l Lines Commissions placed

in Carrier Service Center

2.4%

4.6%

1.2%

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