2007 Best Practices Study
Appendix
 
   
 

 

Guide to Table Headings

In addition to the average results for each study group, the study provides insights on how the "best of the best" are operating. This table will help you understand the terms used to report this information.

HEADING REFERS TO
Average the average results achieved by all the firms in the study group for a particular factor. (Extreme high and low results distorting the average have been excluded.)
High the highest results achieved in the peer group for a particular factor
Low the lowest results achieved in the peer group for a particular factor
Top 25% the average results achieved by the Top 25% of the firms in the group for that particular factor or line item. (The firms comprising this group will be different for each factor or line item.)
+25% Profit the average results achieved by the 25% of firms having the greatest pro forma profitability as a percent of net revenues. (The firms comprising this group are the same for each factor or line item.)
+25% Growth the average results achieved by the 25% of firms experiencing the greatest growth in net revenues. (The firms comprising this group are the same for each factor or line item.)
 
     
  ©2007 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.