Allegheny Financial Group Ltd & Allegheny Investme

811 Camp Horne Rd, Ste 100
Pittsburgh, PA 15237

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

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 very good. It is in the 17th percentile compared to peers.
  • There was a recent mod decrease.
Good

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 8th percentile compared to peers.
  • In the last year, LCM Increased by 0%. While peers Increased an average of 4%.
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.

  • 9% of peers have changed carriers since last year.
  • Of those who changed carriers, 4.4% decreased their LCM vs those who stayed with their current provider who saw a 4.9% increase.
  • Current Carrier's market share is in the 95th percentile at 6.9% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.113
2021

1.110
2020

1.110
2019

1.110
2018

1.110
2018
11-16-2017

1.390
2017

1.326
2016

1.326
2015

1.223
2014

-
2013

-
2013

1.081
2013
11-16-2012

-
2012

-
2011

-
2011
11-16-2010

-
2010

-
2009

-

Contacts

Dlovuny U Vphser
President
(484) 847-8176
33bc4

FZVGO BAZXASTE
Benefits Admin
(101) 676-0368
742

YQREVFS EXAFYXIY
Benefits Admin
(336) 640-7442
105d

EEHWLDT CHCVKBZR
CFO
(672) 602-0149
BJKADKYIV@bvwushncyorwdrdwhk.att

8b
9d49
zjteqc@fdixnqlfvhsyvobuqg.fas

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 35,212,787 $ 12,970,211 $ 54,025,265 $ 55,512,064 $ 72,223,260 $ 93,520,123 $ 15,918,177 $ 26,230,127 $ 3,761,985 $ 3,461,706 $ 4,308,117 $ 9,188,299
Liabilities: $ 0 $ 800 $ 97 $ 762 $ 967 $ 8 $ 7 $ 0 $ 2
EE Contrib: $ 1,072,843 $ 3,592,376 $ 3,974,344 $ 512,233 $ 882,935 $ 705,182 $ 957,719 $ 7,690,960 $ 414,131 $ 672,520 $ 287,764 $ 341,254
Emp Contrib: $ 1,046,053 $ 835,548 $ 466,953 $ 681,013 $ 419,894 $ 983,280 $ 599,675 $ 705,622 $ 557,682 $ 956,995 $ 883,960 $ 802,247
Income/Loss: $ 6,023,623 $ 8,654,322 $ 4,500,855($ 6,064,026) $ 7,999,436 $ 4,281,992($ 164,405) $ 6,758 $ 458,417 $ 4,207,366($ 78,546) $ 2,210,646
Total Income: $ 8,142,519 $ 6,960,963 $ 4,755,827($ 468,698) $ 8,918,003 $ 4,877,222 $ 8,227,813 $ 3,204,463 $ 3,645,360 $ 4,454,232 $ 250,917 $ 1,203,409
Paid Benefits: $ 748,762 $ 687,872 $ 756,981 $ 255,742 $ 305,749 $ 317,409 $ 452,810 $ 216,475 $ 490,886 $ 678,178 $ 618,733 $ 130,494
Expenses: $ 0 $ 5 $ 65 $ 5 $ 8 $ 6
  Commission: $ 11,309($ 4,192) $ 7,439 $ 7,724 $ 2,633 $ 2,051 $ 9,124 $ 9,039 $ 1 $ 9,096 $ 3,883
Net Income: $ 7,382,448 $ 9,192,792 $ 4,842,467($ 137,483) $ 3,804,811 $ 8,982,376 $ 437,563 $ 4,791,533 $ 5,814,504 $ 5,968,523($ 140) $ 4,182,422
Net Assets: $ 42,595,235 $ 74,727,769 $ 33,920,824 $ 23,311,032 $ 94,694,700 $ 6,554,349 $ 36,158,392 $ 8,267,809 $ 64,913,545 $ 1,755,699 $ 5,186,685 $ 149,951

Participants

202120202019201820172016201520142013201220112010
Total Participants:1124379328945670233167260019441
Active Part.:9751157744398541875b eb33
Retired Part.:0347d 603d60e22fe037db62b0
Deceased Part.:57d18dab215 3e933ad7b4b

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2A - Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).

    2E - Profit-sharing

    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.

    2R - Participant-directed brokerage accounts provided as an investment option under the plan.

    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 $ 61
EE Contrib: $ 0
Emp Contrib: $ 0 $ 918
Income/Loss: $ 0 $ 9
Total Income: $ 0 $ 1
Paid Benefits: $ 0
Expenses: $ 0
  Commission: $ 0
Net Income: $ 0
Net Assets: $ 0 $ 2

Participants

20212020
Total Participants:102430
Active Part.:99362
Retired Part.:37
Deceased Part.:a

Insurance

DIENDQ TRASDTCQE SKWWQGXNP SBRGPRC
Renewal:06-30-2021
Covered:160
  1. Dental

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 31,942
Commission11.99% $ 3,830
Fees0.25% $ 79
Brokers
URRCQY OQKORK VXFE
Renewal:06-30-2021
Covered:170
  1. Vision

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 7,751
Commission10.02% $ 777
Fees0% $ 0
Brokers
DDQU CQEVXVLZW OPLQBIO TP ZJKAD BSTAIFE
Renewal:06-30-2021
Covered:99
  1. Long Term Disab. Ins

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 19,552
Commission10% $ 1,955
Fees0% $ 0
Brokers
SIAH HVGPLIUKQ EDANTBH OS TEQVU WXQKMVO
Renewal:06-30-2021
Covered:99
  1. Life Insurance
  2. SUPPLEMENTAL LIFE, DEPENDENT LIFE

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 19,545
Commission10% $ 1,955
Fees0% $ 0
Brokers
WXVR YWLDAQUOL ZY TXUMZ CBNLRBU
Renewal:06-30-2021
Covered:99
  1. AD&D

Retention: $ 0
Claims: $ 0
Loss Ratio:
Exp Rated Premium $ 0
Non-Exp Rated Premium: $ 2,739
Commission10% $ 274
Fees0% $ 0
Brokers

Providers

No Providers

Features

    4B - Life insurance.

    4D - Dental.

    4E - Vision.

    4H - Long-term disability.

    4Q - Other.