2009 Best Practices Study
Agencies with Revenues between $1,250,000 and $2,500,000
 
   
 

Rev. % By Source/Future Rev. Sources  | Aquisition Info  |  Rev. Growth By Source:  P&C  L&H  Total 

Revenues
(% by Source) Average +25% Profit +25% Growth
Property & Casualty
Commercial Comm. & Fees 51.9% 54.5% 59.5%
Bonds 2.2% 5.1% 2.3%
Personal P&C 24.8% 21.3% 17.6%
Value Added Services 0.1% 0.1% 0.0%
Contingent/Bonus 11.3% 10.5% 10.0%
Total P&C 90.3% 91.5% 89.5%
Life & Health / Financial
Group Commissions & Fees 5.6% 4.2% 6.3%
Individual Commissions & Fees 2.5% 1.5% 1.7%
Value Added Services 0.4% 1.2% 0.5%
Bonus/Overrides 0.1% 0.0% 0.3%
Total L&H/Financial 8.7% 6.8% 8.7%
Investments 0.9% 1.7% 1.9%
Miscellaneous 0.1% 0.0% -0.2%
Gross Revenues 100.0% 100.0% 100.0%
Less Brokerage Commission Expense 0.4%

0.0%

0.0%
Net Revenues 99.6% 100.0% 100.0%
% of Revenues Derived from:
  Average +25% Profit +25% Growth
Largest Account 4.4% 4.5% 5.6%
High 9.7%    
Low 1.2%    
10 Largest Accounts 15.1% 15.3% 20.6%
High 29.9%    
Low 3.1%    

 

Future Revenue Sources
% of Agencies Considering Line of Business as Very Important:

Personal Lines 81.5%
Small Commercial Lines 77.8%
Individual Life & Health 25.9%
Group Life & Health 40.7%
Surety/Bonding 18.5%

 

 
     
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