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PROFILE (of Agencies in this Study Group)
A.
Average Total Revenues:
$44,309,380
B.
Corporate Structure
C.
Shareholders
D.
Ownership Percentage
E.
Shareholder Age
AGENCIES WITH REVENUES OVER $25,000,000
2006
PROFILE
REVENUES/
EXPENSES
FINANCIAL
STABILITY
EMPLOYEE
OVERVIEW
PRODUCER
INFO
SERVICE
STAFF
INFO
TECHNOLOGY
INSURANCE
CARRIERS
97
2006 Best Practices Study
Average
+25%
Profit
+25%
Growth
C
47.1%
50.0%
51.9%
S
41.2%
36.4%
33.3%
Partnership
5.9%
9.1%
7.4%
LLC
5.9%
4.5%
7.4%
Sole Proprietorship
0.0%
0.0%
0.0%
Average
+25%
Profit
+25%
Growth
Number of Shareholders
33.1
32.8
46.8
High
143.0
Low
1.0
Average
+25%
Profit
+25%
Growth
% Owned by Largest Shareholder
36.6%
40.4% 13.2%
High
100.0%
Low
6.5%
Average
+25%
Profit
+25%
Growth
Current Age of
Largest Shareholder
53.0
59.0
48.4