As the robust agency consolidation wave continues, the total number of agencies is dropping, and those that remain are getting larger — in some cases, much, much larger. As an agency grows, through acquisition or organically, producers typically see their production increase, while their average payout ratio falls.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In