2010 Best Practices Study
Analysis of Agencies with Revenues Between $1,250,000 and $2,500,000
Mgmt. Perspectives
Use of Carrier Service Centers
Profile
Revenues
Average
+25% Profit
+25% Growth
Service Center Use Total Personal Lines Commission placed in Carrier Service Center Total Commercial Lines Commission placed in Carrier Service Center
Expenses
45.0%
*
*
Profitability
4.1%
4.7%
*
Employee Overview
*Insufficient Data
Producer Info
Staff Service Info
Impact of Service Center Use
Technology
Insurance Carriers
Personal Lines Carriers
Commercial Lines Carriers
Appendix
Average + 25% Profit* + 25% Growth* Workflow
Very Negative
Very Positive
Very Negative
Very Positive
*Insufficient Data
Personal Lines Carriers
Commercial Lines Carriers
Average + 25% Profit* + 25% Growth* Retention
Very Negative
Very Positive
Very Negative
Very Positive
*Insufficient Data
Personal Lines Carriers
Commercial Lines Carriers
Average + 25% Profit* + 25% Growth* Profitability
Very Negative
Very Positive
Very Negative
Very Positive
2010 Best Practices Study
*Insufficient Data
Personal Lines Carriers
Commercial Lines Carriers
Average + 25% Profit* + 25% Growth* Sales
Agencies with Revenues Between $1,250,000 and $2,500,000
Very Negative
Very Positive
Very Negative
Very Positive
*Insufficient Data
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