A Parker Contracting

109 CHARTWELL CT
BEAR, DE 19701

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 Higher than 89% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
Needs Attention

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.

  • 15% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 20.5% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

2.480
2021

2.480
2020

2.480
2020
12-30-2019

1.020
2019
09-28-2019

1.248
2018
09-28-2018

1.248
2017
09-28-2017

1.248
2016
09-28-2016

1.248
2015
09-28-2015

1.248
2014
09-28-2014

-
2012
06-15-2011

-
2011

-
2011
06-15-2010

-
2009
07-26-2009

-

Contacts

cd6
(636) 579-7513
19a

Industry Classification


OSHA