Guardian Staffing Agency, LLC

8796 Rte 219 VSI Building
Brockway, PA 15824

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 high. It is in the 79th percentile compared to peers.
  • There was a recent mod increase.
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 Higher than 80% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 61%. While peers Increased an average of 2%.
Needs Attention

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.

  • 18% of peers have changed carriers since last year.
  • Of those who changed carriers, 6.5% decreased their LCM vs those who stayed with their current provider who saw a 3.4% increase.
  • Current Carrier's market share is in the 1st percentile at 0.5% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

2.650
2022

1.650
2021
01-01-2021

2.250
2020

2.250
2019

2.250
2018

2.250
2017

2.250

Contacts

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(522) 092-2682
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Industry Classification