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PROFILE (of Agencies in this Study Group)
A.
Average Total Revenues:
$15,170,356
B.
Corporate Structure
C.
Shareholders
D.
Ownership Percentage
E.
Shareholder Age
AGENCIES WITH REVENUES BETWEEN $10,000,000 AND $25,000,000
2006
PROFILE
REVENUES/
EXPENSES
FINANCIAL
STABILITY
EMPLOYEE
OVERVIEW
PRODUCER
INFO
SERVICE
STAFF
INFO
TECHNOLOGY
INSURANCE
CARRIERS
81
2006 Best Practices Study
Average
+25%
Profit
+25%
Growth
C
31.0%
32.4%
33.3%
S
51.7%
54.1%
55.6%
Partnership
0.0%
0.0%
0.0%
LLC
17.2%
13.5%
11.1%
Sole Proprietorship
0.0%
0.0%
0.0%
Average
+25%
Profit
+25%
Growth
Number of Shareholders
9.1
6.3
9.1
High
26.0
Low
1.0
Average
+25%
Profit
+25%
Growth
% Owned by Largest Shareholder
45.1%
44.0% 28.0%
High
100.0%
Low
12.5%
Average
+25%
Profit
+25%
Growth
Current Age of
Largest Shareholder
52.5
55.2
54.7