2006 Best Practices Study
AGENCIES WITH REVENUES BETWEEN $2,500,000 AND $5,000,000
How Time Was Spent
Group L&H CSRs
2006
Average Top 25%
Selling New Business (New or Acct Rounding) 12.9%
Number
2.4
Administration 5.0%
High Low
11.0
0.3
Marketing (Placement) 22.6%
Average Commissions Serviced
PROFILE
$271,231 $534,484
Claims Processing 11.7%
Average Pay ($)
$35,834
Customer 47.8%
Average Pay (as % of Book Serviced)
13.2%
REVENUES/ EXPENSES
FINANCIAL STABILITY
How Time Was Spent
Personal P&C CSRs
Average Top 25%
Selling New Business (New or Acct Rounding) 13.7%
Number
4.8
Administration 3.2%
High Low
19.0
Marketing (Placement) 17.9%
1.0
EMPLOYEE OVERVIEW
Average Commissions Serviced
$175,283 $270,339
Claims Processing 5.9%
Average Pay ($)
$35,308
Customer Service 59.3%
Average Pay (as % of Book Serviced)
PRODUCER INFO
20.1%
SERVICE STAFF INFO
Multi-Line CSRs
How Time Was Spent
Average Top 25%
Number
* * *
High Low
TECHNOLOGY
Average Commissions Serviced
Insufficient Data - Chart Not Applicable
*
*
Average Pay ($)
*
INSURANCE CARRIERS
Average Pay (as % of Book Serviced)
*
*Insufficient Data
2006 Best Practices Study
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