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2007 Best Practices Study | Agencies with Revenues Over $25,000,000 | Profile
Agencies with Revenues Over $25,000,000
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Executive
Perspectives
Profile
A. Average Total Revenues: $52,802,488
B. Population Density of Metropolitan Areas Where Home Office is Located
Average
+25% Profit
+25% Growth
Less than 50,000
12.0%
15.6%
12.8%
50,000 – 250,000
16.0%
18.8%
15.4%
250,000 – 1,000,000
40.0%
34.4%
38.5%
More than 1,000,000
32.0%
31.3%
33.3%
C. Corporate Structure
C
56.0%
56.3%
59.0%
S
32.0%
28.1%
28.2%
Partnership
4.0%
3.1%
2.6%
LLC
8.0%
12.5%
10.3%
Sole Proprietorship
0.0%
0.0%
0.0%
Total # Agency locations
11.7
19.0
7.0
Agency has an ESOP
32.0%
28.6%
28.6%
% of Stock Owned by ESOP
47.6%
57.1%
47.5%
D. Shareholders
Number of Shareholders (excluding ESOP)
28.0
31.0
35.7
High
157.0
Low
1.0
E. Ownership Percentage
% Owned by Largest Shareholder
41.0%
34.9%
44.2%
High
100.0%
Low
6.3%
F. Shareholder Age
Current Age of Largest Shareholder
53.9
52.0
52.2
PROFILE
(of Agencies in this Study Group)