2001 Best Practices Study
Analysis of Agencies with Revenues Less Than $500,000
Most Successful Group L&H Producer
Average $22,881 $52,453
Top 25%
Average New Commissions Produced/Year Average Book Managed (Commissions)
* * *
Average Commission Per Account
$817
How Most Successful L&H Producer Spends Time Soliciting New Business
30.6% 51.9%
Servicing Existing Accounts
Personal Training/Education/Professional Dev. Management/Personnel/Agency Administration
3.6%
13.9%
* - Insufficient Data
How Time Was Spent
13.9%
30.6%
3.6%
2
51.9%
Soliciting New Business Servicing Existing Accounts
Personal Training/Education/Professional Dev. Management/Personnel/Agency Administration
3. Personal P&C Producers
Average
Top 25%
# Validated Producers
1.6 3.0 0.5
High Low
Average New Comm Produced/Year Average Book Managed (Commissions)
$13,460 $91,397 $42,803
* *
Average Pay ($)
Average Pay (% of Book Serviced)
46.8%
*-Insufficient Data
4. Multi-line Producers
Average
Top 25%
# Validated Producers
1.7 3.0 1.0
High Low
Average New Comm Produced/Year Average Book Managed (Commissions)
$18,743 $136,490 $43,981
* *
Average Pay ($)
Average Pay (% of Book Serviced)
32.2%
* - Insufficient Data
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