PRODUCER INFORMATION
A.
New Producer Hiring
Where New Producers Were Found
Future Hiring Plans
AGENCIES WITH REVENUES UNDER $500,000
20
EXECUTIVE
PERSPECTIVES
PROFILE
REVENUES/
EXPENSES
FINANCIAL
STABILITY
EMPLOYEE
OVERVIEW
PRODUCER
INFO
SERVICE
STAFF
INFO
TECHNOLOGY
INSURANCE
CARRIERS
APPENDIX
"The biggest chal-
lenge we face is find-
ing qualified produc-
ers and then training
them without taking
away from the day-to-
day process of run-
ning the agency."
Average
+25%
Profit
+25%
Growth
% of Agencies that Hired
a New Producer During
Last Fiscal Year
8.3%
*
*
Number of New
Producers Hired
1.0
*
*
Average Annual
Compensation Per New
Producer
$29,564
*
*
“Successful” New
Producers
100.0%
of producers hired over the
last 5 years have met their
production goals.
Insufficient Data -
Chart Not Applicable
Average
+25%
Profit
+25%
Growth
% of Agencies that Plan to Hire a New
Producer During Current Fiscal Year
16.7% *
33.3%
Number of New Producers to be Hired
1.0
*
1.0
*Insufficient Data