STRATEGIC VALUE PARTNERS LLC

100 W PUTNAM AVE STE 2
GREENWICH, CT 06830

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • A break in policy terms may indicate inconsistent work load which can result in substandard employment.
Needs Attention

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 Very Good, in the 8th percentile compared to peers.
  • In the last year, LCM Decreased by 38%. While peers Increased an average of 2%.
Good

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.

  • 8% of peers have changed carriers since last year.
  • Of those who changed carriers, 4.2% decreased their LCM vs those who stayed with their current provider who saw a 2.5% increase.
  • Current Carrier's market share is in the 99th percentile at 35.3% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2022
03-15-2022

0.840
(Current: 0.972)
2021
12-15-2021

1.360
2020

1.645
2020

1.645
2020

1.360
2019

1.400
2018

1.438
2017

1.438
2016

1.438
2015

-
2015

-
2014

-
2013

-
2012

-
2011

-

Contacts

UUABI WGNPGR
Benefits Admin
(108) 051-2718
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HHTVM MSXZDH
Benefits Admin
(188) 233-2231
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Qttrnk Fyulc
(381) 363-3861
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SSNJS MIXWA
Benefits Admin
(306) 063-2555
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RDJHQH DBIOZ
Benefits Admin
(315) 987-1582
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PHMLNM PLQQC
Benefits Admin
(130) 402-8948
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DJBKP HOIVR
Benefits Admin
(988) 774-8647
27795

IPZKLDR NSNKN
Benefits Admin
(325) 776-1392
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Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 17,250,015 $ 84,087,927 $ 3,650,980 $ 6,949,618 $ 231,615 $ 9,892,751 $ 9,906,871 $ 661,614 $ 3,725,442 $ 8,439,745 $ 1,119,444 $ 3,583,028
Liabilities: $ 0 $ 0 $ 1 $ 20 $ 2 $ 8
EE Contrib: $ 1,462,864 $ 9,988,268 $ 5,433,952 $ 4,138,403 $ 5,897,357 $ 476,542 $ 906,526 $ 9,603,299 $ 231,896 $ 787,710 $ 420,077 $ 554,800
Emp Contrib: $ 751,950 $ 781,013 $ 669,294 $ 594,095 $ 839,683 $ 676 $ 46 $ 7 $ 7
Income/Loss: $ 2,790,815 $ 4,208,324 $ 4,536,069($ 711,625) $ 7,966,549 $ 825,299($ 855,410) $ 648,074 $ 435,111 $ 872,845($ 24,801) $ 864,871
Total Income: $ 5,005,629 $ 8,486,436 $ 4,981,299 $ 215,813 $ 4,606,806 $ 8,663,865 $ 485,916 $ 9,947,398 $ 219,170 $ 5,936,115 $ 696,625 $ 313,584
Paid Benefits: $ 714,339 $ 234,690 $ 859 $ 262,841 $ 3,892,903 $ 220,446 $ 888,620 $ 160,896 $ 888,570 $ 625,972 $ 632,846 $ 615,809
Expenses: $ 0 $ 309 $ 31 $ 53 $ 2 $ 4 $ 1 $ 3 $ 1
  Commission: $ 37,868 $ 88,790 $ 1,887 $ 9,980 $ 9,461 $ 986 $ 1,918 $ 33 $ 378 $ 200 $ 107 $ 986
Net Income: $ 4,253,422 $ 238,953 $ 4,192,695 $ 657,405 $ 1,196,092 $ 415,611($ 32,125) $ 9,956,412 $ 100,523 $ 384,047 $ 795,124 $ 914,873
Net Assets: $ 21,503,437 $ 55,440,257 $ 33,904,184 $ 4,145,513 $ 6,278,999 $ 5,611,305 $ 7,167,934 $ 6,039,512 $ 5,095,170 $ 6,601,028 $ 360,125 $ 1,080,878

Participants

202120202019201820172016201520142013201220112010
Total Participants:1272270046446543891332359610
Active Part.:9277516557198019031cbfe
Retired Part.:90e 6e0bf26004797e 2a60
Deceased Part.:7b7ca97ecbebeab9799b

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2A - Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).

    2E - Profit-sharing

    2F - ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.

    2G - Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.

    2J - Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.

    2S - Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.

    2T - Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

    3B - Plan covering Self-Employed individuals.

    3D - Pre-approved pension plan - A master, prototype, or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.