2009 Best Practices Study
Agencies with Revenues over $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 53.7% 51.1% 47.2%
Bonds 3.8% 4.0% 5.3%
Personal P&C 9.9% 15.6% 3.5%
Value Added Services 1.3% 0.2% 0.4%
Contingent/Bonus 7.5% 6.6% 7.3%
Total P&C 76.1% 77.5% 63.7%
Life & Health / Financial
Group Commissions & Fees 19.3% 15.2% 29.1%
Individual Commissions & Fees 0.6% 0.9% 0.4%
Value Added Services 0.8% 0.0% 1.7%
Bonus/Overrides 0.9% 0.7% 2.0%
Total L&H/Financial 21.6% 16.8% 33.2%
Investments 1.5% 4.0% 2.7%
Miscellaneous 0.8% 1.7% 0.4%
Gross Revenues 100.0% 100.0% 100.0%
Less Brokerage Commission Expense 2.8% 1.4% 1.7%
Net Revenues 97.2% 98.6% 98.3%
% of Revenues Derived from:
  Average +25% Profit +25% Growth
Largest Account 2.7% 2.2% 3.3%
High 8.8%    
Low 1.0%    
10 Largest Accounts 9.5% 9.5% 11.7%
High 20.1%    
Low 3.9%    

 

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

Personal Lines 51.9%
Small Commercial Lines 44.4%
Individual Life & Health 14.8%
Group Life & Health 92.6%
Surety/Bonding 77.8%

 

 
     
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