2009 Best Practices Study
Agencies with Revenues under $1,250,000
 
   
 

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 45.1% 39.4% 44.8%
Bonds 0.7% 0.8% 0.8%
Personal P&C 38.5% 47.8% 34.0%
Value Added Services 0.2% 0.0% 0.1%
Contingent/Bonus 7.8% 4.3% 8.6%
Total P&C 92.2% 92.3% 88.2%
Life & Health / Financial
Group Commissions & Fees 4.6% 6.0% 5.3%
Individual Commissions & Fees 1.8% 1.5% 3.5%
Value Added Services 0.7% 0.0% 2.7%
Bonus/Overrides 0.0% 0.0% 0.0%
Total L&H/Financial 7.2% 7.5% 11.5%
Investments 0.6% 0.2% 0.3%
Miscellaneous 0.1% 0.0% 0.0%
Gross Revenues 100.0% 100.0% 100.0%
Less Brokerage Commission Expense 0.0% 0.0% 0.0%
Net Revenues 100.0% 100.0% 100.0%
% of Revenues Derived from:
  Average +25% Profit +25% Growth
Largest Account 4.0% 3.4% 4.0%
High 17.6%    
Low 1.2%    
10 Largest Accounts 15.3% 10.5% 17.1%
High 44.6%    
Low 3.4%    

 

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

Personal Lines 83.9%
Small Commercial Lines 90.3%
Individual Life & Health 16.1%
Group Life & Health 22.6%
Surety/Bonding 12.9%

 

 
     
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