In spite of continuing soft market conditions, both median organic growth and EBITDA for privately held insurance agents and brokers were up slightly from 2010; median organic growth totaled 3.7 percent and median EBITDA profitability was 18.2 percent, according to Reagan Consulting's 2011 year-end Organic Growth and Profitability Survey (OGP Survey), released today. 130 agencies participated in the year-end 2011 survey.

“Sixteen of the last 20 years have been soft market years in the P&C arena,” said Tom Doran, senior vice president of Reagan Consulting. “Positive organic growth in this environment has been very difficult to achieve. Any positive growth results are welcome news.”

The OGP Survey, now in its fourth year, is a real-time indicator of quarterly growth and profitability results for privately held insurance agents and brokers. With both organic growth and profitability showing improvement over 2010 results, 2011 was a significantly better year for the industry.

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