2006 Best Practices Study
AGENCIES WITH REVENUES BETWEEN $10,000,000 AND $25,000,000
2.
Most Successful Producer Productivity
2006
Commercial P&C
Group L&H
$185,050 $134,819
Average
New Commissions Produced Annually
$330,226 $274,294
Top 25%
PROFILE
$1,361,282 $883,898
Average
Total Commissions in Producer’s Book
$1,910,801 $1,635,805
Top 25%
$16,608 $12,608
REVENUES/ EXPENSES
Average
Average Commissions per Account
$38,152 $28,636
Top 25%
FINANCIAL STABILITY
How Most Successful Producers Spent Time
EMPLOYEE OVERVIEW
Commercial P&C Producer
Group L&H Producer
Soliciting New Business 31.3%
Soliciting New Business 40.6%
Management/ Personnel/Agency Administrative 9.4%
Management/ Personnel/Agency Administrative 6.8%
PRODUCER INFO
Personal Training/ Education/
Servicing Existing Accounts 52.2%
Servicing Existing Accounts 44.8%
Personal Training/ Education/
Professional Development 7.1% %
Professional Development 7.9% %
SERVICE STAFF INFO
TECHNOLOGY
INSURANCE CARRIERS
2006 Best Practices Study
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