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eNews & Views 

September 2009   

In This Issue:


Impact of Account Size on Productivity

Industry Benchmarks

Printing Your Results

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MarshBerry Services

On-Line Services

Consulting Services

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Impact of Account Size on Productivity

Many times, judgments in productivity - commissions or customers handled per person - are made by comparing an agency's productivity to other agencies with a similar revenue size.

The best way to evaluate producer and service personnel productivity is to compare productivity to other agencies with a similar average account size. Average account size is calculated by dividing, for example, total commercial lines commission by total number of commercial lines customers. One can see the impact of account size in this graph.

Click on the following link to view the practices High-Growth agencies have implemented!

Go to Impact of Account Size on Productivity

Tips & Tricks!

Printing Your Results

It is easy to print your results on MarshBerry.com.
Click the print icon
to print data you enter or to print results when using the Calculating Tools found on MarshBerry.com
. The print icon is located in the upper right or left-hand corner under the application's menu.

Go to MarshBerry.com!

   

Did You Know

Industry Benchmarks

Performance Levels for Agencies of Various Sizes

This Calculating Tool provides performance standards (average and best 25%) for over 300 ratios and calculations and is available in each of the four sections - Financial, Operational, Sales & Marketing and Strategic. It is always current since it uses information from our Perspectives for High Performance (PHP) database, which is updated daily.

Statistics relating to a particular section - Financial, Operational, Sales & Marketing and Strategic - are available in that section; for example, statistics for income statement items are found in the Financial section. Industry standards are available for agencies with average revenues of $1, 2, 4, 6, 8 or $10 million.

Go to Industry Benchmarks

  • Agency Management Sytems - Applied vs. AMS products?
  • Email Archivers
  • Marketing Agreements
   

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