2008 Best Practices Study
Agencies with Revenues between $2,500,000 and $5,000,000
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
60.6%
44.4%
33.3%
# of New Producers Hired Last Year
1.3
1.0
1.3
Average Annualized Wages per Producer Hired
$52,089
$41,667
*
*Insufficient Data
©2008 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.