Independent Enterprises Inc

5020 Thoms Run Rd
Oakdale, PA 15071

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • A break in policy terms may indicate inconsistent work load which can result in substandard employment.
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 6th percentile compared to peers.
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 28th 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.

  • 7% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 6.7% of the market.
Good

OSHA

Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.

  • Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.560
2022

1.560
2021

1.560
2021

1.725
2020

1.540
2019

1.590
2018

1.780
2018
12-31-2018

1.536
2017

1.780
2016

1.780
2015

1.780
2014
11-15-2014

-
2013

-
2013
11-15-2012

-
2012
10-01-2012

-
2011

-
2010

-
2009

-
2009

-
2009

-

Contacts

Amvb N Zhheieyv
President
(985) 861-6464
f17f3

08
487b
geqi@jfnyivdkoxyaurkjjngils.hyi

Industry Classification


OSHA

Motor Carrier