2008 Best Practices Study
Agencies with Revenues between $10,000,000 and $25,000,000
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
82.9%
63.6%
72.7%
# of New Producers Hired Last Year
3.1
3.7
3.4
Average Annualized Wages per Producer Hired
$64,072
$58,057
$72,968
©2008 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.