Vensoft Solutions Inc

3516 Silverside Rd, Ste 21
Wilmington, DE 19810

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 3rd 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.

  • 3% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 4.6% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier Premium LCM
2023

1.150
2023

0.926
2023
11-18-2022

0.900
2022

0.975
2022

1.072
2022

0.900
2022

1.060
2022

0.882
2022

0.937
2022

1.316
2022

0.860
2022

0.900
2022

1.020
2022

1.000
2022
11-18-2021

2.289
2022
11-18-2021

1.450
2022
11-18-2021

1.395
2022
11-18-2021

0.840
2022
11-18-2021

1.500
2022
11-18-2021

-
2022
11-18-2021

0.780
2022
11-18-2021

0.753
2022
11-18-2021

1.017
2022
11-18-2022

-
2021

1.451
2021

3.683
2021

3.770
2021

0.792
2021

-
2021

0.875
2021

1.766
2021

1.313
2021

0.780
2021

-
2021

1.001
2021
11-18-2020

2.040
2021
11-18-2020

1.463
2021
11-18-2020

1.763
2021
11-18-2020

-
2021
11-18-2020

1.235
2021
11-18-2020

1.370
2021
11-18-2020

1.742
2020

1.308
2020

1.239
2020

1.308
2020

-
2020

1.372
2020

1.218
2020

-
2020

0.975
2020

1.179
2020

1.458
2020

2.854
2020

1.369
2020

1.206
2020

1.458
2020

2.854
2020

1.700
2020

1.603
2020

1.369
2020

1.369
2020

1.206
2020

1.206
2020

1.000
2020

1.060
2020

-
2020

0.882
2020

1.192
2020

0.860
2020

0.900
2020

1.060
2020

1.000
2020
07-01-2019

2.518
2020
07-01-2019

1.673
2020
07-01-2019

1.700
2020
07-01-2019

1.950
2020
07-01-2019

1.111
2020
07-01-2019

2.607
2020
07-01-2019

1.673
2020
07-01-2019

1.950
2020
11-18-2019

-
2020
11-18-2019

1.372
2020
11-18-2019

1.218
2020
11-18-2019

2.518
2020
11-18-2019

1.372
2020
11-18-2019

1.673
2020
11-18-2019

-
2020
11-18-2019

1.458
2020
11-18-2019

1.700
2020
11-18-2019

1.950
2020
11-18-2019

1.111
2020
11-18-2019

2.607
2019

-
2019

1.183
2019

2.203
2019

1.000
2019

2.518
2019

1.179
2019

1.550
2019

-
2019

1.458
2019

-
2019

1.630
2019

1.950
2019

1.111
2019

-
2019

2.416
2019

1.369
2019

1.183
2019
07-01-2019

2.607
2018

-
2018

-
2018

2.050
2018

2.050
2018

1.000
2018

1.000
2018

0.918
2018

0.918
2018

1.550
2018

-
2018

-
2018

1.149
2018

-
2018

1.450
2018

-
2018

-
2018

-
2018

2.416
2018

1.194
2018

2.184
2018

-
2018
05-12-2017

1.550
2018
05-12-2017

-
2018
05-12-2017

-
2018
05-12-2017

2.416
2017

-
2017

2.050
2017

1.179
2017

0.918
2017

1.531
2017

-
2017

1.149
2017

1.450
2017

-
2017

2.178
2017

1.043
2017

2.184
2017

-
2016

-
2016

1.179
2016

-
2016

1.179
2016

0.898
2016

-
2016

1.102
2016

1.450
2016

-
2016

1.043
2016

2.184
2016

-
2016

0.918
2016

1.531
2016

1.450
2016

-
2016

2.178
2016

2.184
2016

-
2016
01-04-2016

-
2016
01-04-2016

-
2016
01-04-2016

1.531
2016
01-04-2016

2.178
2015

1.179
2015

-
2015

-
2015

-
2015

1.412
2015

-
2015

1.102
2015

-
2015

2.008
2015

-
2015

-
2014

-
2014

-
2014

1.102
2014

-
2014

-
2014
05-12-2014

-
2013

-
2013

-
2013

-
2012

-
2012

-
2012

-
2011

-
2011

-
2011

-
2010

-
2010

-
2009
08-23-2009

-
2009
08-23-2009

-

Contacts

111
(490) 971-7468
155a

a0
(479) 794-7866
b520

b
(106) 532-2219
5c6

df7
(041) 626-4354
a126f

Industry Classification