Direct Property and Casualty Insurance Carriers vs Insurance Agencies and Brokerages

Side-by-side revenue comparison of these two business types.

MetricDirect PropertyInsurance Agencies
Average Revenue$78.6M$1.7M
Profit Margin15.0%15.0%
Est. Owner Income$11.8M$253K
Revenue / Employee$330K$269K
Labor Cost %30.0%30.0%
Total Businesses2,498122,552
Startup Cost (Low)$50K$50K
Startup Cost (High)$250K$250K
5-Year Survival Rate50.0%50.0%
YoY Growth5.0%5.0%
Avg Employee Wage$112K$99K