EQUISCRIPT HOLDINGS INC

1360 TRUXTUN AVE STE 300
N CHARLESTON, SC 29405

Talking Points

For the Agent

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

  • Increasing LCM and decreasing market share may indicate carrier is tightening underwriting guidelines and/or has written higher risk accounts that they are less willing to fight for.
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 39th percentile.
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.

  • 11% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 20.8% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.430
2022

1.770
2022

1.450
2022

-
2022

1.451
2022

-
2022

1.350
2022

1.850
2022

1.820
2022

1.430
2022

1.150
2022
12-01-2022

-
2021

1.450
2021

1.300
2021

1.770
2021

-
2021

-
2021

-
2021

1.850
2021

1.820
2021

1.370
2021

1.150
2020

1.770
2020

1.300
2020

-
2020

1.600
2020

1.370
2020

1.850
2020
12-01-2020

-
2019

1.230
2019

1.770
2019

1.177
2019

-
2019

-
2019

-
2018

-
2018

1.308
2016

-
2015

-
2014

-
2013

-

Contacts

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President
(689) 071-7278
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HOLVME DDVQ
Benefits Admin
(655) 399-6964
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(714) 439-1266
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(202) 017-8461
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Ymtcbeslo Csdtmv
Account Development Representati
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Industry Classification

Retirement Benefits

Financials

202120202019
BOY Assets: $ 1,389,840 $ 39,322
Liabilities: $ 0 $ 66 $ 3
EE Contrib: $ 766,215 $ 923,922 $ 239,777
Emp Contrib: $ 44,154 $ 813,106 $ 825,442
Income/Loss: $ 234,417 $ 910,267 $ 69,879
Total Income: $ 1,044,786 $ 574,874 $ 284,476
Paid Benefits: $ 490,881 $ 323,731 $ 88,856
Expenses: $ 0 $ 6
  Commission: $ 17,662 $ 4,836 $ 698
Net Income: $ 536,243 $ 408,429 $ 89,737
Net Assets: $ 1,926,083 $ 3,133,903 $ 597,483

Participants

202120202019
Total Participants:125015412
Active Part.:93379722
Retired Part.:65997
Deceased Part.:325

Insurance

HSGFWFCGP PJSM YBPCSCJQW LORZCVZ
Renewal:12-31-2021
Covered:138
PENSION_EOY_SEP_ACCT_AMT: 0PENSION_PREM_PAID_TOT_AMT: 0

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 0
Commission $ 229
Fees $ 24
Brokers

Providers

VADBWJWS YSVMBUAWX HVCHIRTR BYIOther services
Other commissions
Other (specify)
Compensation:$6,542
Relation:OTHER SERVICES
JDFYMCLPH YUGG ZXSRTKKPT VLVFZFQContract Administrator
Direct payment from the plan
Recordkeeping fees
Compensation:$15,023
Relation:CONTRACT ADMINISTRATOR
FETVUJWV ZZQNROFPX QIEAVEPQ FTF
Source: PRINCIPAL LIFE INSURANCE COMPANY
Other services
Other commissions
Other (specify)
Compensation:COMMISSIONS AND REFERRAL/SERVICE FEE

Features

    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.

    2K - Stock bonusCode section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

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

    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.

Health Benefits

Financials

20212020
BOY Assets: $ 0
Liabilities: $ 0 $ 5
EE Contrib: $ 0
Emp Contrib: $ 0 $ 2
Income/Loss: $ 0
Total Income: $ 0 $ 8
Paid Benefits: $ 0
Expenses: $ 0 $ 81
  Commission: $ 0 $ 15
Net Income: $ 0
Net Assets: $ 0 $ 786

Participants

20212020
Total Participants:122403
Active Part.:119917
Retired Part.:3ee5
Deceased Part.:c3

Insurance

UMSXNBITSS DNUFOGSMVQ
Renewal:07-31-2021
Covered:93
  1. Health

Retention: $ 191,091
Claims: $ 670,360
Loss Ratio:0.78
Exp Rated Premium $ 861,451
Non-Exp Rated Premium: $ 0
Commission3.76% $ 32,354
Fees0% $ 0
Brokers
DKX RFCPCVYY IWYG OXNOMJBKS DWBCFOZ OZ LJSRKDM
Renewal:07-31-2021
Covered:90
  1. Dental
  2. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 67,862
Commission9.89% $ 6,714
Fees0% $ 0
Brokers
USISPQ FH FMULM ZQNS ECIAKXHVK ZZNQIOW
Renewal:07-31-2021
Covered:120
  1. Life Insurance
  2. Temp. Disability Insurance
  3. Long Term Disab. Ins
  4. AD&D

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 69,759
Commission12.38% $ 8,638
Fees10.66% $ 7,437
Brokers
HHCFRZWE TTVL & YDGKRDNJ QDGPBHNSO VBAJKLL
Renewal:07-31-2021
Covered:11
  1. WORKSITE BENEFITS

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 10,392
Commission37% $ 3,845
Fees6.41% $ 666
Brokers
BPKUZXR TQRSSY, CET.
Renewal:07-31-2021
Covered:196
  1. Health

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 8,480
Commission12.04% $ 1,021
Fees0% $ 0
Brokers

Providers

No Providers

Features

    4A - Health (other than vision or dental).

    4B - Life insurance.

    4D - Dental.

    4E - Vision.

    4F - Temporary disability (accident and sickness).

    4H - Long-term disability.

    4Q - Other.