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Key Benchmarks

Profile

Revenues

Expenses

Profitability

Employee Overview

Producer Info

Staff Service Info

Technology

Insurance Carriers

Appendix

124

Analysis of Agencies with Revenues Over $25,000,000

2012 Best

Practices Study

Agencies

with Revenues

Over

$25,000,000

Revenues

(% by Source)

Average

+25% Profit

+25% Growth

Property & Casualty

Commercial Commissions & Fees

49.7%

45.0%

39.2%

Bonds

3.2%

0.9%

1.8%

Personal Commissions

11.4%

26.8%

24.6%

Value Added Services

1.9%

0.1%

0.7%

Contingent/Bonus

5.4%

3.0%

5.4%

Total P&C

71.5%

75.9%

71.7%

Life & Health/Financial

Group Medical Commissions & Fees

18.1%

11.8%

14.5%

All Other Group Commissions & Fees

6.3%

6.2%

8.3%

Individual L&H Commissions & Fees

1.2%

1.2%

1.5%

Bonus/Overrides

1.3%

1.4%

2.2%

Total L&H/Financial

26.9%

20.5%

26.6%

Investments

0.6%

0.5%

0.3%

Miscellaneous

1.0%

3.1%

1.4%

Gross Revenues

100.0%

100.0%

100.0%

Brokerage Commission Expense

3.5%

2.7%

2.4%

Net Revenues

96.5%

97.3%

97.6%

Revenue by Source

(% of Gross Revenues)