2007 Best Practices Study
Agencies with Revenues between $2,500,000 and $5,000,000
 
   
 

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 49.8% 43.7% 56.6%
Bonds 2.5% 2.6% 5.5%
Personal P&C 25.7% 38.0% 21.8%
Value Added Services 0.2% 0.0% 0.2%
Contingent/Bonus 10.4% 9.1% 11.1%
Total P&C 88.7% 93.5% 95.1%
Life & Health / Financial
Group Commissions & Fees 7.6% 3.0% 2.6%
Individual Commissions & Fees 1.3% 1.4% 0.2%
Value Added Services 0.0% 0.0% 0.0%
Bonus/Overrides 0.0% 0.0% 0.0%
Total L&H/Financial 9.2% 4.5% 2.8%
Investments 1.1% 0.9% 1.0%
Miscellaneous 1.0% 1.1% 1.0%
Gross Revenues 100.0% 100.0% 100.0%
Brokerage Commission Expense 0.9% 1.4% 0.2%
Net Revenues 99.1% 98.6% 99.8%
% of Revenues Derived from:
  Average +25% Profit +25% Growth
Largest Account 3.7% 4.7% 3.8%
High 13.1%    
Low 1.1%    
10 Largest Accounts 15.5% 17.4% 19.2%
High 46.6%    
Low 3.2%    

 

Group Life & Health Revenue Breakdown (% from each source)
  Average +25% Profit +25% Growth
Health 63.1% 58.2% 85.3%
Life 26.6% 35.2% 9.9%
Disability 4.7% 2.4% 0.9%
Dental 3.2% 2.6% 2.7%
Retirement Products 0.8% 0.4% 1.3%
Employee Benefits (TPA) 0.3% 0.0% 0.0%
All Other 1.3% 1.1% 0.0%

 

 
     
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