2009 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
48.1%
42.9%
57.1%
# of New Producers Hired Last Year
2.2
2.3
2.0
Average Annualized Wages per Producer Hired
$54,404
$45,167
$51,750
©2009 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.