APLURA LLC

205 E JOPPA RD STE 109
TOWSON, MD 21286

Talking Points

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is in-line with peers, in the 36th percentile.
  • In the last year, LCM Increased by 7%. While peers Increased an average of 6%.
Average

Market Competitiveness

We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.

  • 7% of peers have changed carriers since last year.
  • Of those who changed carriers, 2.7% increased their LCM vs those who stayed with their current provider who saw a 6.3% increase.
  • Current Carrier's market share is in the 99th percentile at 41.7% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2022

2.464
(Current: 0.972)
2022

1.409
2022

1.458
2022

1.420
2022

-
2022

1.290
2022

1.290
2022
11-17-2022

-
2021

2.236
2021

1.409
2021

1.372
2021

1.324
2021

-
2021

1.139
2021
11-17-2020

1.500
2020

2.011
2020

1.291
2020

1.372
2020

1.500
2020

1.250
2020

1.673
2020

1.139
2019

2.011
2019

-
2019

1.179
2019

1.390
2019

1.250
2019

1.550
2019

1.118
2018

1.834
2018

-
2018

0.918
2018

1.390
2018

0.985
2018

1.550
2018

-
2017

0.918
2017

1.326
2017

0.985
2017

1.531
2017

-
2016

0.898
2016

1.326
2016

0.944
2016

1.531
2016

-
2015

-
2015

-
2015

1.223
2015

0.944
2015

1.412
2015

-
2015
07-16-2014

1.223
2015
07-16-2014

1.412
2015
07-16-2014

1.412
2015
07-16-2014

1.412
2014

-
2014

1.412
2014

1.223
2014

0.944
2014

1.412
2013

-
2012

-
2011

-

Contacts

Ijdy T Hbijoy
Principal
(959) 107-5436
6f23

Vetymn Kvtygmfk
(112) 343-6283
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7a
(590) 066-7878
2a62a

Industry Classification