AIT COMPUTERS INC

157 HOOSICK STREET
TROY, NY 12180

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 19th percentile compared to peers.
  • In the last year, LCM Decreased by 6%. While peers Increased an average of 1%.
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.

  • 13% of peers have changed carriers since last year.
  • Of those who changed carriers, 15% decreased their LCM vs those who stayed with their current provider who saw a 1.3% increase, a difference of roughly 12x.
  • Current Carrier's market share is in the 75th percentile at 18.8% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier LCM
2023

1.140
2022

1.207
2021

1.140
2020

1.140
2019

1.118
2018

1.118
2017

1.081
2016

1.081

Contacts

Vtnjx Ege
Owner
(457) 291-2181
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Industry Classification