2005 Best Practices Study
AGENCIES WITH REVENUES BETWEEN $10,000,000 AND $25,000,000
PROFILE (of Agencies in this Study Group)
2005
A.
Average Total Revenues: $15,132,471
B.
Corporate Structure
PROFILE
+25% Profit
+25% Growth
Average
C
34.5%
32.4%
33.3%
S
48.3%
54.1%
48.9%
REVENUES/ EXPENSES
Partnership
0.0%
0.0%
0.0%
LLC
17.2%
13.5%
17.8%
Sole Proprietorship
0.0%
0.0%
0.0%
FINANCIAL STABILITY
C.
Shareholders
+25% Profit
+25% Growth
Average
EMPLOYEE OVERVIEW
Number of Shareholders
9.6
8.2
11.7
High
26.0
Low
1.0
PRODUCER INFO
D.
Ownership Percentage
+25% Profit
+25% Growth
Average
SERVICE STAFF INFO
% Owned by Largest Shareholder
43.2%
44.5% 38.9%
High
100.0%
Low
6.5%
TECHNOLOGY
E.
Shareholder Age
+25% Profit
+25% Growth
Average
INSURANCE CARRIERS
Current Age of
Largest Shareholder
53.2
49.6
55.3
81
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