Milligan Group LLC

6323 Gardenia Street, 1st Floor
Philadelphia, PA 19144

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 high. It is in the 91st percentile compared to peers.
  • Mod increased by more than 75% of peers.
Needs Attention

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 15th percentile compared to peers.
  • LCM Decreased by more than 75% of 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.
  • Of those who changed carriers, 2.3% decreased their LCM vs those who stayed with their current provider who saw a 0.9% increase, a difference of roughly 2x.
  • Current Carrier's market share is in the 99th percentile at 16.3% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.400
(Current: 1.337)
2019

1.642
2018

1.642
2018

1.359
2018
07-18-2017

2.039
2017

1.530
2017
07-18-2016

2.069
2016

1.960
2015

1.807
2015
05-19-2014

1.807
2014

-
2014
08-05-2013

-
2013

-
2012

-
2011

-

Contacts

Industry Classification