ALLIED WORLD INSURANCE CO

199 WATER ST FL 26
NEW YORK, NY 10038

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 Very Good, in the 34th percentile compared to peers.
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.

  • 15% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 16.7% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.975
2023

1.903
2022

1.560
2022

2.473
2022

2.105
2022

1.365
2022

2.037
2022

-
2022

1.645
2022

-
2022

-
2022

1.414
2022

1.681
2022

1.246
2022

-
2022

1.645
2022

-
2022

1.499
2022

-
2022

1.974
2022

1.717
2022

2.168
2022

1.941
2022

2.130
2022

1.614
2021

2.470
2021

1.463
2021

2.105
2021

1.645
2021

-
2021

1.499
2021

-
2021

1.660
2021

1.974
2021

1.313
2021

1.090
2021

1.717
2021

2.168
2021

1.904
2021

2.130
2021

1.460
2020

-
2020

1.463
2020

2.105
2020

-
2020

1.645
2020

1.913
2020

-
2020

1.499
2020

1.974
2020

1.090
2020

1.913
2020

1.904
2020

1.460
2019

-
2019

1.203
2019

1.830
2019

1.400
2019

1.802
2019

-
2019

1.499
2019

1.362
2019

1.097
2019

1.802
2019

-
2019

1.460
2018

-
2018

1.203
2018

1.184
2018

1.802
2018

-
2018

1.499
2018

1.097
2018

1.802
2018

-
2018

2.105
2017

-
2017

1.203
2017

-
2017

1.184
2017

-
2017

1.499
2017

1.097
2017

1.802
2017

1.753
2016

-
2016

-
2016

1.184
2016

-
2016

1.097
2016

1.744
2015

-
2015

-
2015

-
2015

-
2015

1.097
2015

1.744
2014

-
2014

-
2014

-
2014

-
2014

-
2014
11-21-2014

-
2013

-
2013

-
2013

-
2013
11-21-2013

-
2012

-
2012

-
2012

-
2012
11-21-2012

-
2011

-
2011

-
2011

-
2011
11-21-2011

-
2010

-
2010

-
2010

-
2009

-

Contacts

DKFOPOF RIPVYEWS
Benefits Admin
(286) 690-7566
6572

DLHFAQ U. EWAQOT
Benefits Admin
(185) 063-8709
22294

(321) 440-5387
93ec

650
Sales/Marketing
(191) 065-0329
IIkwe@critm.dii

f8
(219) 260-5607
22e

RQTACU UGQKTQQE
Benefits Admin
(129) 182-4470
76ac

eb
(678) 099-8977
9ea6d

BQJRK GWYSFL
Benefits Admin
(929) 337-1285
2dd6

YNC CRLRG NTCPUTXB
Benefits Admin
(363) 124-5093
ad6e7

GLU VHFJL NWSHCTTX
Benefits Admin
(936) 070-4803
02e38

MZNPCN Z TEYFWH
Benefits Admin
(662) 279-8348
e074

YRAXRB SEZORFBW
Benefits Admin
(036) 991-2440
64e5

YCSIDV J. UWJMUI
Benefits Admin
(452) 487-8728
9202

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 213,219,997 $ 282,194,129 $ 138,301,303 $ 448,299,362 $ 966,317,874 $ 69,565,487 $ 39,723,293 $ 60,994,432 $ 52,834,339 $ 22,351,768 $ 5,652,950 $ 52,395,837
Liabilities: $ 0 $ 5 $ 5 $ 7 $ 524 $ 34 $ 5
EE Contrib: $ 11,762,856 $ 45,708,631 $ 15,787,474 $ 1,425,498 $ 64,767,149 $ 32,106,487 $ 6,329,825 $ 5,192,843 $ 4,883,220 $ 6,902,229 $ 2,776,169 $ 1,126,194
Emp Contrib: $ 7,831,691 $ 921,533 $ 5,721,470 $ 396,877 $ 8,957,039 $ 2,990,790 $ 9,571,790 $ 9,411,830 $ 4,111,359 $ 5,342,472 $ 1,056,415 $ 1,757,658
Income/Loss: $ 0 $ 3 $ 1 $ 4 $ 4 $ 3 $ 1 $ 2 $ 71
Total Income: $ 52,909,583 $ 50,788,447 $ 70,905,227 $ 9,136,461 $ 31,501,026 $ 89,229,361 $ 84,916,819 $ 44,666,505 $ 79,986,685 $ 174,558 $ 4,516,548 $ 85,821,676
Paid Benefits: $ 9,318,324 $ 25,271,748 $ 38,072,114 $ 50,432,458 $ 6,844,178 $ 51,294,414 $ 7,413,795 $ 7,749,574 $ 5,482,585 $ 7,095,975 $ 3,719,122 $ 9,531,943
Expenses: $ 0 $ 0 $ 8 $ 0 $ 6 $ 4 $ 4 $ 36 $ 329
  Commission: $ 0 $ 3 $ 4 $ 4 $ 85 $ 46
Net Income: $ 43,559,130 $ 57,290,095 $ 84,937,036($ 5,853,360) $ 79,402,283 $ 85,170,074 $ 31,009,649 $ 15,835,505 $ 10,453,575 $ 82,579,348 $ 9,264,020 $ 3,981,061
Net Assets: $ 246,948,580 $ 163,598,825 $ 372,007,951 $ 709,910,815 $ 215,565,626 $ 5,704,169 $ 19,796,199 $ 39,907,027 $ 4,416,129 $ 79,542,212 $ 71,856,331 $ 94,960,982

Participants

202120202019201820172016201520142013201220112010
Total Participants:1050676993547769211023424806761837785083
Active Part.:785853906633759031066369067762879432
Retired Part.:9780900818cef9f
Deceased Part.:6238f92acfadf8299

Insurance

No Insurance Coverage

Providers

GM AGTJXSCMDAIJX

11 PROSPECT STREET
HUNTINGTON, NY 11743

Features

    2E - Profit-sharing

    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.

    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.

    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.

    3H - Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Health Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 0 $ 11 $ 67 $ 57 $ 5 $ 1 $ 2 $ 84 $ 478 $ 7 $ 0
Liabilities: $ 0 $ 0 $ 3 $ 2 $ 0 $ 48
EE Contrib: $ 0 $ 8 $ 6 $ 8 $ 4 $ 6 $ 8 $ 16 $ 0
Emp Contrib: $ 0 $ 2 $ 937 $ 201 $ 7 $ 3 $ 2 $ 598 $ 7 $ 994
Income/Loss: $ 0 $ 18 $ 37 $ 9 $ 9 $ 70 $ 10 $ 1
Total Income: $ 0 $ 1 $ 7 $ 4 $ 9 $ 0 $ 8 $ 9 $ 5 $ 38 $ 0 $ 0
Paid Benefits: $ 0 $ 488 $ 5 $ 40 $ 3 $ 5 $ 1
Expenses: $ 0 $ 80 $ 2 $ 3 $ 93 $ 2 $ 53
  Commission: $ 0 $ 3 $ 8 $ 28 $ 9 $ 1 $ 31 $ 0
Net Income: $ 0 $ 439 $ 0 $ 8 $ 0 $ 2 $ 22
Net Assets: $ 0 $ 33 $ 0 $ 9 $ 290 $ 7

Participants

202120202019201820172016201520142013201220112010
Total Participants:890036174537447720545147234401305073
Active Part.:786488448106870952650220724653613811
Retired Part.:539f91607669094197
Deceased Part.:15ca2808605f1d0270ca8280

Insurance

OFEHMU RORYINL LBCI
Renewal:12-31-2021
Covered:539
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 97,983
Commission2.74% $ 2,689
Fees0% $ 0
Brokers
OPRRJ LAKMCH VNB RJIJ LXWNFRAFD QKCPAOI KVY PHBNMWDSIY
Renewal:12-31-2021
Covered:1640
  1. Health
  2. Vision
  3. Prescription Drug

Retention: $ 1,149,556
Claims: $ 1,663,106
Loss Ratio:1.84
Exp Rated Premium $ 905,136
Non-Exp Rated Premium: $ 2,078,188
Commission0% $ 0
Fees0% $ 0
VLNUNNYGPL GVONUTWIJ GGAHQBE LI HNYMDPQ
Renewal:12-31-2021
Covered:786
  1. Life Insurance
  2. Temp. Disability Insurance
  3. Long Term Disab. Ins
  4. ACCIDENTAL DEATH AND DISMEMBERMENT, EMPLOYEE ASSISTANCE PROGRAM

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 860,778
Commission0% $ 0
Fees2.1% $ 18,058
Brokers
IBQYINELNSJI GQNJ GSMHMLYLF YBPIMSK
Renewal:12-31-2021
Covered:52
  1. Long Term Disab. Ins

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 68,507
Commission32.02% $ 21,935
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.

    4L - Death benefits (include travel accident but not life insurance).

    4Q - Other.