2007 Best Practices Study
Appendix
 
   
 

 

Terms Related to Producers

PRODUCER INFORMATION

74.   Validated Producer—Producers whose book of business is sufficient to cover his/her wages under agency's
commission formula.
75.   Annual Pay per Producer—Includes compensation that shows up on the producer's W-2 and resulted from
the producer's production responsibilities.
 
     
  ©2007 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.