A 2016 study by Velocify surveying over 1,000 insurance agencies found that those who spend at least 15 percent of their revenue on marketing are more likely to see âsignificant revenue growthâ of at least 20 percent year over year. Iâve kept my licenses active and Iâve studied P&C; Iâm ready to take the state exam to ⦠Most payments to agents take about 90 days after the application is taken. The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967. And thatâs why so many agents have invested in their own customer service capabilities. Agency Brokerage Consultants is a leading expert in the valuation, sale, and acquisition of insurance distribution businesses, including retail agencies, wholesale brokerages, MGAs, MGUs, and program administrators. The owner wanted to sell and thought a multiple of revenue of 1.5 or higher would produce a sale price of $3 million to $3.5 million for the agency. The company runs an Owner Operator Program which provides special access to an expanded portfolio of benefits including: start-up bonuses ($10,000 office start-up and $5,000 lead generation bonus); and performance bonuses for the 1st three years, in addition to commissions (max bonus of 34.8% and an additional 6% year end annual bonus on Gross Folio Premium). âSo their idea I think, I canât speak for all of them, is to invest and partially own these new independent insurance agencies. Allstate since has kept rates relatively steady, providing a price-competitive product that gave agents in many markets a shot at growth. Insurance left a bad taste in my mouth and I have been career hopping the past 2 years. At this point, I remind them that the Allstate Agency Value Index is an average of agency sales and that no single Allstate Agency sells for exactly the average. Brands that spend less than 5 percent, on the other hand, are three times as likely to see zero growth. 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