I am a commercial and group health commission only producer in the Midwest and my agency has had two commission split changes in the past 12 months. I am interested to know how we now compare to what is also out there. My information is below. My book of business is 400K with an avg account size of 17K.
Commercial
New-40% of earned commission
Renewal 28% of earned commission
Health
New- 20% of earned commission
Renewal 15% of earned commission
Thanks ahead of time.
Commercial
New-40% of earned commission
Renewal 28% of earned commission
Health
New- 20% of earned commission
Renewal 15% of earned commission
Thanks ahead of time.