2007 Best Practices Study
Agencies with Revenues between $1,250,000 and $2,500,000
 
   
 

Rev. % By Source  |  Services/Other Products Provided/Aquisition Info  |  Rev. Growth By Source:  P&C  L&H  Total  | Future Rev. Growth Strategies

Revenues
(% by Source) Average +25% Profit +25% Growth
Property & Casualty
Commercial Comm. & Fees 49.4% 42.1% 55.4%
Bonds 1.8% 3.9% 2.0%
Personal P&C 25.6% 29.6% 21.0%
Value Added Services 0.2% 0.0% 0.0%
Contingent/Bonus 11.2% 12.5% 11.7%
Total P&C 88.1% 88.0% 90.1%
Life & Health / Financial
Group Commissions & Fees 6.5% 5.0% 6.3%
Individual Commissions & Fees 2.9% 4.2% 1.3%
Value Added Services 0.3% 0.0% 0.0%
Bonus/Overrides 0.9% 1.5% 0.0%
Total L&H/Financial 10.6% 10.7% 7.6%
Investments 1.0% 1.3% 1.6%
Miscellaneous 0.3% 0.0% 0.7%
Gross Revenues 100.0% 100.0% 100.0%
Brokerage Commission Expense 1.3% 1.6% 0.0%
Net Revenues 98.7% 98.4% 100.0%
% of Revenues Derived from:
  Average +25% Profit +25% Growth
Largest Account 4.7% 4.5% 6.3%
High 15.3%    
Low 1.1%    
10 Largest Accounts 15.2% 12.2% 19.3%
High 35.1%    
Low 3.7%    

 

Group Life & Health Revenue Breakdown (% from each source)
  Average +25% Profit +25% Growth
Health 66.6% 68.4% 55.5%
Life 25.5% 25.6% 38.1%
Disability 2.1% 1.4% 1.1%
Dental 2.3% 0.4% 4.8%
Retirement Products 1.7% 4.3% 0.5%
Employee Benefits (TPA) 1.7% 0.0% 0.0%
All Other 0.0% 0.0% 0.0%

 

 
     
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