2009 Best Practices Study
Agencies with Revenues between $10,000,000 and $25,000,000
 
   
 

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 52.7% 48.0% 43.8%
Bonds 1.9% 3.1% 1.4%
Personal P&C 12.4% 19.6% 19.9%
Value Added Services 0.6% 0.8% 0.7%
Contingent/Bonus 10.1% 14.6% 12.3%
Total P&C 77.6% 86.1% 78.2%
Life & Health / Financial
Group Commissions & Fees 17.0% 9.4% 15.6%
Individual Commissions & Fees 1.6% 1.8% 2.6%
Value Added Services 0.2% 0.0% 0.4%
Bonus/Overrides 1.2% 0.1% 2.1%
Total L&H/Financial 19.9% 11.3% 20.7%
Investments 1.2% 1.4% 1.0%
Miscellaneous 1.3% 1.3% 0.1%
Gross Revenues 100.0% 100.0% 100.0%
Less Brokerage Commission Expense 1.2% 2.6% 2.2%
Net Revenues 98.8% 97.4% 97.8%
% of Revenues Derived from:
  Average +25% Profit +25% Growth
Largest Account 3.9% 5.1% 2.2%
High 15.7%    
Low 1.2%    
10 Largest Accounts 13.3% 16.2% 8.9%
High 46.9%    
Low 3.2%    

 

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

Personal Lines 52.6%
Small Commercial Lines 36.8%
Individual Life & Health 28.9%
Group Life & Health 94.7%
Surety/Bonding 44.7%

 

 
     
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