2006 Best Practices Study

AGENCIES WITH REVENUES BETWEEN $10,000,000 AND $25,000,000

PROFILE (of Agencies in this Study Group)

2006

A.

Average Total Revenues: $15,170,356

B.

Corporate Structure

PROFILE

+25% Profit

+25% Growth

Average

C

31.0%

32.4%

33.3%

S

51.7%

54.1%

55.6%

REVENUES/ EXPENSES

Partnership

0.0%

0.0%

0.0%

LLC

17.2%

13.5%

11.1%

Sole Proprietorship

0.0%

0.0%

0.0%

FINANCIAL STABILITY

C.

Shareholders

+25% Profit

+25% Growth

Average

EMPLOYEE OVERVIEW

Number of Shareholders

9.1

6.3

9.1

High

26.0

Low

1.0

PRODUCER INFO

D.

Ownership Percentage

+25% Profit

+25% Growth

Average

SERVICE STAFF INFO

% Owned by Largest Shareholder

45.1%

44.0% 28.0%

High

100.0%

Low

12.5%

TECHNOLOGY

E.

Shareholder Age

+25% Profit

+25% Growth

Average

INSURANCE CARRIERS

Current Age of

Largest Shareholder

55.2

54.7

52.5

2006 Best Practices Study

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