2008 Best Practices Study
Agencies with Revenues between $5,000,000 and $10,000,000
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
66.7%
71.4%
57.1%
# of New Producers Hired Last Year
2.0
1.2
2.5
Average Annualized Wages per Producer Hired
$64,525
$71,333
$54,500
©2008 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.
