The response to our survey was almost 34%, with 292 total responses.
Summary of Results:
|
Years in Industry:
|
less than 5 years
|
5-10 years
|
10-15 years
|
more than 15 years
|
|
Average total comp
|
$135,770
|
$230,012
|
$306,200
|
$321,292
|
|
Median total comp*
|
$119,000
|
$220,000
|
$303,000
|
$300,000
|
|
Average premium sold
|
$1,394,917
|
$5,056,225
|
$6,947,826
|
$10,481,333
|
|
Median premium sold*
|
$1,200,000
|
$3,295,061
|
$3,700,000
|
$7,000,000
|
|
Average number of lines sold
|
79
|
104
|
89
|
82
|
|
Median number of lines sold*
|
78
|
80
|
80
|
52
|
|
Comp as a percent of premium sold
|
10%
|
5%
|
4%
|
3%
|
*Median is defined as the middle number of a group of numbers; that is, half the numbers have values that are greater than the median, and half the numbers have values that are less than the median.
