Benchmarking

 

Benchmark Your Agency ONLINE in 5 Easy Steps

Here are the simple steps to participate in Benchmarking your agency online:

1. You will need your current year and prior year Operating Statement and Balance Sheet

2. Open your web browser and visit www.agencyconsulting.com

3. Using the BENCHMARKING tab at the top of the screen, click on “Benchmark Your Agency” or simply click here to Benchmark your Agency.

4. Fill in the Benchmarking Worksheet. Remember, this information is confidential and secure.

5. If you choose, you can receive a side by side comparison of your agency to the specific composite group for the data you entered. This service can ONLY be offered at the time you enter your information as even Agency Consulting Group, Inc. cannot identify your agency information after you complete the process. This optional service has a nominal fee of only $30. If you do not choose this service, you pay nothing!

By entering your data online, you receive the benefit of access to the LIVE database for a full year. You can see the trends in the insurance agency industry as they happen!!!

State-By-State Composite Groups and Benchmarking at No Cost to the Individual Agents is Now Available

Agency Consulting Group, Inc. is now prepared to provide groups (State Associations and other insurance agency industry homogeneous groups) their own Composite Groups of Agency Performance and Agency Liquidity Ratios at NO COST with only agency data (no agency identifiers) being maintained in the Composite Group Database.

Since we have fully automated the processing of agency data through our secure site over the Internet, we no longer have to charge for the Benchmarking service that has grown to over 3,000 agencies annually in the 17 years of our data collection.

Please have your Association (or other sponsoring group) contact us (800-779-2430) to get information on how to enroll in this program and build your own Composite Group database against which you can benchmark your agency’s performance.