2008 Best Practices Study
Agencies with Revenues between $1,250,000 and $2,500,000
Producers:
CL
GL&H
PL
Multi-Line
|
Most Successful Producers
|
New Producer Hiring
Producer Information
New Producer Hiring
Average
+25% Profit
+25% Growth
% of Agencies that Hired New Producers Last Year
35.2%
37.5%
37.5%
# of New Producers Hired Last Year
1.2
1.7
1.3
Average Annualized Wages per Producer Hired
$41,593
$30,667
$38,000
©2008 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.
