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B1.
% of Revenues Derived from Largest Accounts
B2.
% Providing Other Products and Services
In addition to traditional P&C and L&H policies and support, Best Practices Agencies
are providing their clients numerous other products and services.
AGENCIES WITH REVENUES BETWEEN $5,000,000 AND $10,000,000
108
EXECUTIVE
PERSPECTIVES
PROFILE
REVENUES/
EXPENSES
FINANCIAL
STABILITY
EMPLOYEE
OVERVIEW
PRODUCER
INFO
SERVICE
STAFF
INFO
TECHNOLOGY
INSURANCE
CARRIERS
APPENDIX
Average
+25%
Profit
+25%
Growth
Largest Commission Account
3.8% 3.1% 2.7%
High
11.7%
Low
1.4%
10 Largest Commission Accounts
14.2% 14.1% 10.5%
High
39.3%
Low
4.3%
Average
+25%
Profit
+25%
Growth
Loss Control/Engineering
32.3% 37.5% 12.5%
Workers Comp Claims Adjusting/Admin (TPA)
3.2% 0.0% 0.0%
Group Health Claims Adjusting/Admin (TPA)
3.2% 0.0% 0.0%
Self Insurance Programs
45.2% 25.0% 25.0%
Risk Management Consulting
45.2% 50.0% 37.5%
Premium Financing
67.7% 87.5% 75.0%
Pension/Profit Sharing (401(k)
48.4% 50.0% 37.5%
Human Resource Consulting
0.0% 0.0% 0.0%
Employee Leasing Products & Services (PEOs)
16.1% 25.0% 50.0%
Investment Products (Securities, Stocks, etc.)
32.3% 37.5% 25.0%
Other*
16.1% 0.0% 12.5%
*Includes banking, surety, service contracts, MyWave, 125 plan administration, fuel tax calculation and
permits for truckers, outsourcing of value added services, actuarial/legal on claims