2006 Best Practices Study

AGENCIES WITH REVENUES OVER $25,000,000

PROFILE (of Agencies in this Study Group)

2006

A.

Average Total Revenues: $44,309,380

B.

Corporate Structure

PROFILE

+25% Profit

+25% Growth

Average

C

47.1%

50.0%

51.9%

S

41.2%

36.4%

33.3%

REVENUES/ EXPENSES

Partnership

5.9%

9.1%

7.4%

LLC

5.9%

4.5%

7.4%

Sole Proprietorship

0.0%

0.0%

0.0%

FINANCIAL STABILITY

C.

Shareholders

+25% Profit

+25% Growth

Average

EMPLOYEE OVERVIEW

Number of Shareholders

33.1

32.8

46.8

High

143.0

Low

1.0

PRODUCER INFO

D.

Ownership Percentage

+25% Profit

+25% Growth

Average

SERVICE STAFF INFO

% Owned by Largest Shareholder

36.6%

40.4% 13.2%

High

100.0%

Low

6.5%

TECHNOLOGY

E.

Shareholder Age

+25% Profit

+25% Growth

Average

INSURANCE CARRIERS

Current Age of

Largest Shareholder

53.0

59.0

48.4

2006 Best Practices Study

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