2009 Best Practices Study
Agencies with Revenues between $5,000,000 and $10,000,000
 
   
 

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 47.1% 47.0% 42.3%
Bonds 1.2% 0.2% 0.3%
Personal P&C 25.2% 31.2% 15.2%
Value Added Services 0.2% 0.2% 0.2%
Contingent/Bonus 8.0% 8.3% 8.0%
Total P&C 81.7% 87.1% 66.0%
Life & Health / Financial
Group Commissions & Fees 12.7% 9.9% 23.7%
Individual Commissions & Fees 3.7% 1.0% 8.0%
Value Added Services 0.1% 0.0% 0.2%
Bonus/Overrides 0.4% 0.5% 1.1%
Total L&H/Financial 16.9% 11.4% 33.0%
Investments 1.1% 1.5% 1.0%
Miscellaneous 0.3% 0.0% 0.0%
Gross Revenues 100.0% 100.0% 100.0%
Less Brokerage Commission Expense 1.1% 0.1% 3.1%
Net Revenues 98.9% 99.9% 96.9%
% of Revenues Derived from:
  Average +25% Profit +25% Growth
Largest Account 2.9% 3.6% 2.9%
High 8.5%    
Low 1.0%    
10 Largest Accounts 11.1% 12.7% 9.1%
High 36.5%    
Low 1.4%    

 

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

Personal Lines 81.5%
Small Commercial Lines 48.1%
Individual Life & Health 37.0%
Group Life & Health 70.4%
Surety/Bonding 18.5%

 

 
     
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