2007 Best Practices Study
Agencies with Revenues under $1,250,000
 
   
 

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 48.5% 48.1% 54.9%
Bonds 0.6% 0.3% 0.2%
Personal P&C 35.9% 40.0% 30.7%
Value Added Services 0.1% 0.0% 0.0%
Contingent/Bonus 7.2% 3.7% 7.3%
Total P&C 92.3% 92.1% 93.1%
Life & Health / Financial
Group Commissions & Fees 4.2% 3.8% 3.0%
Individual Commissions & Fees 1.7% 2.4% 2.9%
Value Added Services 0.6% 0.0% 0.0%
Bonus/Overrides 0.0% 0.0% 0.0%
Total L&H/Financial 6.5% 6.2% 5.9%
Investments 0.6% 0.3% 0.4%
Miscellaneous 0.6% 1.4% 0.6%
Gross Revenues 100.0% 100.0% 100.0%
Brokerage Commission Expense 0.5% 0.0% 0.1%
Net Revenues 99.5% 100.0% 99.9%
% of Revenues Derived from:
  Average +25% Profit +25% Growth
Largest Account 4.6% 3.2% 4.8%
High 21.4%    
Low 1.4%    
10 Largest Accounts 18.5% 14.9% 16.5%
High 71.0%    
Low 2.4%    

 

Group Life & Health Revenue Breakdown (% from each source)
  Average +25% Profit +25% Growth
Health 59.0% 81.9% 58.6%
Life 33.3% 14.0% 25.6%
Disability 2.7% 1.4% 0.6%
Dental 1.3% 0.4% 1.4%
Retirement Products 0.3% 1.4% 1.0%
Employee Benefits (TPA) 0.2% 0.7% 0.0%
All Other 3.2% 0.1% 12.9%

 

 
     
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