2006 Best Practices Study
AGENCIES WITH REVENUES BETWEEN $5,000,000 AND $10,000,000
2.
Most Successful Producer Productivity
2006
Commercial P&C
Group L&H
$109,526 $99,729
Average
New Commissions Produced Annually
$199,684 $255,845
Top 25%
PROFILE
$873,047 $548,106
Average
Total Commissions in Producer’s Book
$1,440,662 $1,175,142
Top 25%
$8,934
$5,252
REVENUES/ EXPENSES
Average
Average Commissions per Account
$22,440 $12,767
Top 25%
FINANCIAL STABILITY
How Most Successful Producers Spent Time
EMPLOYEE OVERVIEW
Commercial P&C Producer
Group L&H Producer
Soliciting New Business 28.4%
Soliciting New Business 33.5%
Management/ Personnel/Agency Administrative 9.3%
Management/ Personnel/Agency Administrative 8.4%
PRODUCER INFO
Personal Training/ Education/
Servicing Existing Accounts 56.6%
Servicing Existing Accounts 51.6%
Personal Training/ Education/
Professional Development 5.7% %
Professional Development 6.5% %
SERVICE STAFF INFO
TECHNOLOGY
INSURANCE CARRIERS
2006 Best Practices Study
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