CORPOREX CO LLC

100 E RIVERCENTER BLVD # 11
COVINGTON, KY 41011

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 35th percentile.
  • In the last year, LCM Increased by INF%. While peers Increased an average of 2%.
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.

  • 14% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 8.2% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.926
2022

-
2022

1.968
2022

1.700
2022

1.450
2022

1.790
2022

1.544
2022

-
2022

-
2022

1.560
2022

-
2022

1.580
2022

1.440
2022

1.400
2021

-
2021

1.275
2021

1.400
2021

1.090
2021

-
2021

-
2021

-
2021

-
2021

-
2021

0.983
2021

1.020
2021
12-01-2021

1.180
2020

-
2020

-
2020

-
2019

-
2019

-
2019

-
2018

-
2018

-
2017

-
2017

-
2016

-
2016

-
2015

-
2015

-
2014

-
2014

-
2013
12-01-2013

-
2012

-
2012

-
2011
12-01-2011

-

Contacts

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(223) 642-1594
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Principal
(919) 851-1190
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(905) 168-8628
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Benefits Admin
(833) 175-2436
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Benefits Admin
(284) 665-0319
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(747) 292-2561
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(642) 004-8050
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CEO
(948) 636-6270
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Industry Classification