Median organic growth among mid-size and large privately held P&C insurance agencies and brokerage firms is outpacing the performance of publicly held brokers, according to a new survey by management consulting firm.
Regan Consulting released its second-quarter "Organic Growth and Profitability" survey that asks 125 privately held agencies and brokerage firms about their performance over 2013′s second quarter. The median revenue of the firms completing the survey is approximately $15 million.
Median organic revenue growth among the producers reached 6.9 percent in the second quarter of 2013, the highest since the survey began in 2008.
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