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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 $2,500,000 AND $5,000,000
84
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% 3.7% 2.3%
High
21.4%
Low
1.3%
10 Largest Commission Accounts
15.2% 15.4% 12.5%
High
48.3%
Low
2.1%
Average
+25%
Profit
+25%
Growth
Loss Control/Engineering
23.1% 14.3% 28.6%
Workers Comp Claims Adjusting/Admin (TPA)
3.8% 0.0% 0.0%
Group Health Claims Adjusting/Admin (TPA)
3.8% 0.0% 0.0%
Self Insurance Programs
38.5% 28.6% 28.6%
Risk Management Consulting
42.3% 57.1% 42.9%
Premium Financing
53.8% 57.1% 28.6%
Pension/Profit Sharing (401(k)
53.8% 57.1% 28.6%
Human Resource Consulting
23.1% 14.3% 14.3%
Employee Leasing Products & Services (PEOs)
26.9% 42.9% 14.3%
Investment Products (Securities, Stocks, etc.)
23.1% 14.3% 28.6%
Other*
0.0% 0.0% 0.0%
*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