UNITY STAMP COMPANY INC

PO BOX 424 100 CENTRAL AVE W
NEW LONDON, MN 56273

Talking Points

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 42nd 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 Very Good, in the 27th percentile compared to peers.
  • In the last year, LCM Increased by 1%. While peers Increased an average of 1%.
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.

  • 7% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 20% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.702
(Current: 1.487)
2022

1.688
2021

1.688
2020

1.854
2019

-
2018

-

Contacts

Mfvzhp Kbzeznsy
President & Chief Executive Offi
(721) 363-6549
owcdy@cbsrkmnxvfka.sok

Fgfdkm Pjcpciuw
President & Chief Executive Offi
(343) 493-4187
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Industry Classification