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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 $1,250,000 AND $2,500,000
60
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
4.2% 5.5% 4.4%
High
12.4%
Low
1.2%
10 Largest Commission Accounts
17.6% 22.5% 16.0%
High
48.9%
Low
4.7%
Average
+25%
Profit
+25%
Growth
Loss Control/Engineering
9.1% 16.7% 16.7%
Workers Comp Claims Adjusting/Admin (TPA)
4.5% 0.0% 0.0%
Group Health Claims Adjusting/Admin (TPA)
4.5% 0.0% 0.0%
Self Insurance Programs
27.3% 16.7% 16.7%
Risk Management Consulting
18.2% 16.7% 16.7%
Premium Financing
54.5% 83.3% 33.3%
Pension/Profit Sharing (401(k)
27.3% 33.3% 33.3%
Human Resource Consulting
9.1% 0.0% 0.0%
Employee Leasing Products & Services (PEOs)
13.6% 0.0% 16.7%
Investment Products (Securities, Stocks, etc.)
22.7% 16.7% 16.7%
Other*
9.1% 0.0% 33.3%
*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