106 / 123
AGENCIES WITH REVENUES OVER $25,000,000
106
2005
PROFILE
REVENUES/
EXPENSES
FINANCIAL
STABILITY
EMPLOYEE
OVERVIEW
PRODUCER
INFO
SERVICE
STAFF
INFO
TECHNOLOGY
INSURANCE
CARRIERS
PRODUCER INFORMATION
A.
New Producer Hiring
Where New Producers Were Found
Average
+25%
Profit
+25%
Growth
% of Agencies that Hired
a New Producer During
Last Fiscal Year
93.3% 100.0% 100.0%
Number of New
Producers Hired
5.8
4.5
4.3
Average Annual
Compensation Per New
Producer
$80,646 $78,750 $86,165
Another
insurance broker
45.8%
An insurance
carrier
19.9%
Directly from college
or graduate school
16.1%
Outside of Industry*
18.2%
*Other industries mentioned most often include Accounting/Finance, Banking, Construction,
Medical/Healthcare, and Retail Sales.