Analysis of Agencies with Revenues Between $1,250,000 and $2,500,000
Key Benchmarks
Profile
Revenues
Expenses
Profitability
Employee Overview
Producer Info
Staff Service Info
Technology
Insurance Carriers
Appendix
33
2012 Best
Practices Study
Agencies with
Revenues Between
$1,250,000 and
$2,500,000
The soft market and depressed economic environment continued to make
organic growth difficult to achieve. The MEDIAN organic growth rate, which is
the midpoint of the data when results are ranked in descending order, gives a
more complete picture of the growth achieved by this study group.
MEDIAN
Organic Growth Rate:
2.3%
Organic Growth by Line of Business
Organic Growth
Future Revenue Sources
Individual Life & Health
30.0%
Group Medical/Health Insurance
40.0%
All Other Group Benefits
26.7%
Surety-Bonding
20.0%
Personal P&C
93.3%
Small Commercial P&C
80.0%
% of agencies considering line of business as very important: