2006 Best Practices Study
AGENCIES WITH REVENUES OVER $25,000,000
2.
Most Successful Producer Productivity
2006
Commercial P&C
Group L&H
$239,657 $219,859
Average
New Commissions Produced Annually
$348,077 $392,335
Top 25%
PROFILE
$1,629,816 $1,267,159
Average
Total Commissions in Producer’s Book
$2,322,534 $1,967,975
Top 25%
$42,923 $36,253
REVENUES/ EXPENSES
Average
Average Commissions per Account
$74,985 $81,719
Top 25%
FINANCIAL STABILITY
How Most Successful Producers Spent Time
EMPLOYEE OVERVIEW
Commercial P&C Producer
Group L&H Producer
Soliciting New Business 30.1%
Soliciting New Business 40.7%
Management/ Personnel/Agency Administrative 8.3%
Management/ Personnel/Agency Administrative 7.3%
PRODUCER INFO
Personal Training/ Education/
Servicing Existing Accounts 54.9%
Servicing Existing Accounts 45.4%
Personal Training/ Education/
Professional Development 6.8% %
Professional Development 6.6% %
SERVICE STAFF INFO
TECHNOLOGY
INSURANCE CARRIERS
2006 Best Practices Study
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