2009 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
81.6%
70.0%
70.0%
# of New Producers Hired Last Year
2.7
2.4
2.6
Average Annualized Wages per Producer Hired
$60,924
$52,286
$60,345
©2009 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.