2006 Best Practices Study
AGENCIES WITH REVENUES BETWEEN $1,250,000 AND $2,500,000
2.
Most Successful Producer Productivity
2006
Commercial P&C
Group L&H
$62,071 $53,262
Average
New Commissions Produced Annually
$123,278 $139,927
Top 25%
PROFILE
$531,746 $172,084
Average
Total Commissions in Producer’s Book
$1,105,182 $397,917
Top 25%
$6,491
$2,519
REVENUES/ EXPENSES
Average
Average Commissions per Account
$16,650
$6,267
Top 25%
FINANCIAL STABILITY
How Most Successful Producers Spent Time
EMPLOYEE OVERVIEW
Commercial P&C Producer
Group L&H Producer
Soliciting New Business 32.0%
Soliciting New Business 32.8%
Management/ Personnel/Agency Administrative 19.5%
Management/ Personnel/Agency Administrative 3.2%
PRODUCER INFO
Personal Training/ Education/
Personal Training/ Education/
Servicing Existing Accounts 43.2%
Servicing Existing Accounts 56.7%
Professional Development 5.3% %
Professional Development 7.3% %
SERVICE STAFF INFO
TECHNOLOGY
INSURANCE CARRIERS
2006 Best Practices Study
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