2006 Best Practices Study
AGENCIES WITH REVENUES BETWEEN $500,000 AND $1,250,000
2.
Most Successful Producer Productivity
2006
Commercial P&C
Group L&H
$32,731 $19,026
Average
New Commissions Produced Annually
$58,583 $33,000
Top 25%
PROFILE
$259,461 $139,814
Average
Total Commissions in Producer’s Book
$464,786 $271,848
Top 25%
$2,060
$1,909
REVENUES/ EXPENSES
Average
Average Commissions per Account
$4,615
$3,650
Top 25%
FINANCIAL STABILITY
How Most Successful Producers Spent Time
EMPLOYEE OVERVIEW
Commercial P&C Producer
Group L&H Producer
Soliciting New Business 34.0%
Soliciting New Business 32.5%
Management/ Personnel/Agency Administrative 12.3%
Management/ Personnel/Agency Administrative 12.5%
PRODUCER INFO
Personal Training/ Education/
Personal Training/ Education/
Servicing Existing Accounts 44.7%
Servicing Existing Accounts 45.9%
Professional Development 8.9% %
Professional Development 9.4% %
SERVICE STAFF INFO
TECHNOLOGY
INSURANCE CARRIERS
2006 Best Practices Study
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