Is Your Agency at Risk: Part Two
Profitable Producers Subsidizing Unprofitable Producers.
The agency owners are typically the most profitable producers you have. But if the majority of non-owning producers aren’t hitting their goals, they’re most likely unprofitable. What percentage of your producers exceeded their sales goals last year and what percent are on track to exceed them this year?
Profitable Accounts Subsidizing Unprofitable Accounts.
We know from the thousands of profit center analyses we’ve done over the years that the average agency’s “A” clients (the top 5%) are very profitable, their “B” clients (the middle 15%) are marginally profitable and the “C” clients (the bottom 80%) tend to be unprofitable. I’m not saying that’s how it is in your agency, I’m just suggesting you take a look at it. Play the “what-if” game. What if you didn’t have the top 5% of your customers? Would you be profitable? Ultimately, you...
Stay connected with news and updates!
Take the Challenge!
Get your agency fit in just 8 weeks with the Agency Results Challenge. With 2 Coaching Calls and 8 weeks worth of lessons from the top insurance agency consultant!
Recent Posts
Categories
All Categories