The Cleaning Girl, Inc.

1201 N. Orange St
Wilmington, DE 19801

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

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is in-line with peers, in the 31st percentile.
  • Mod increased by more than 75% of peers.
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 in-line with peers, in the 42nd percentile.
  • In the last year, LCM Increased by 8%. While peers Increased an average of 0%.
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.

  • 13% of peers have changed carriers since last year.
  • Of those who changed carriers, 7.1% decreased their LCM vs those who stayed with their current provider who saw a 0.7% increase, a difference of roughly 11x.
  • Current Carrier's market share is in the 95th percentile at 13.2% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.620
2021
PEO
-
2021

1.500
2020
07-23-2019

1.875
2020
09-01-2019

3.051
2019

1.728
2019
01-01-2018

1.728
2018
01-01-2018

2.658
2017
02-06-2016

2.549
2017
10-15-2016

2.549
2017
10-15-2017

2.396
2016

2.549

Contacts

Industry Classification