Best Practices
ContentsBest Practices GatewayReagan Consulting
 
  2011 Best Practices Study
  Agencies with Revenues between $5,000,000 and $10,000,000
ProfileRevenuesExpensesProfitabilityEmployee OverviewProducer InformationStaff Service InformationTechnologyInsurance CarriersAppendix

 
Revenues
(% by Source) Average +25% Profit +25% Growth
Property & Casualty
Commercial Comm. & Fees 45.4% 42.5% 43.0%
Bonds 1.0% 0.4% 0.4%
Personal Commissions 23.5% 29.6% 25.4%
Value Added Services 0.6% 0.4% 0.0%
Contingent/Bonus 7.6% 8.1% 7.9%
Total P&C 78.1% 81.1% 76.6%
(% by Source) Average +25% Profit +25% Growth
Life & Health / Financial
Group Medical Commissions & Fees 12.7% 11.9% 12.8%
All Other Group Commissions & Fees 3.4% 3.0% 2.1%
Individual L&H Commissions & Fees 3.6% 2.0% 6.6%
Bonus/Overrides 0.8% 0.8% 1.0%
Total L&H/Financial 20.5% 17.7% 22.6%
Investments 0.5% 0.2% 0.6%
Miscellaneous 0.9% 0.5% 0.1%
Gross Revenues 100.0% 100.0% 100.0%
Brokerage Commission Expense 1.4% 0.6% 3.9%
Net Revenues 98.6% 99.4% 96.1%
 
 
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