2005 Best Practices Study
AGENCIES WITH REVENUES OVER $25,000,000
PROFILE (of Agencies in this Study Group)
2005
A.
Average Total Revenues: $43,774,428
B.
Corporate Structure
PROFILE
+25% Profit
+25% Growth
Average
C
53.3%
57.9%
56.5%
S
33.3%
26.3%
30.4%
REVENUES/ EXPENSES
Partnership
6.7%
5.3%
4.3%
LLC
6.7%
10.5%
8.7%
Sole Proprietorship
0.0%
0.0%
0.0%
FINANCIAL STABILITY
C.
Shareholders
+25% Profit
+25% Growth
Average
EMPLOYEE OVERVIEW
Number of Shareholders
36.4
*
29.0
High
140.0
Low
1.0
*Insufficient Data
PRODUCER INFO
D.
Ownership Percentage
+25% Profit
+25% Growth
Average
SERVICE STAFF INFO
% Owned by Largest Shareholder
34.1%
16.8% 33.9%
High
100.0%
Low
6.9%
TECHNOLOGY
E.
Shareholder Age
+25% Profit
+25% Growth
Average
INSURANCE CARRIERS
Current Age of
Largest Shareholder
56.3
54.0
60.5
97
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