EXTENSIS GROUP LLC L/C/F NATIONAL LIBERTY MUSEUM
321 CHESTNUT STREET
PHILADELPHIA, PA 19106
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.
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 isvery good. It is in the 9th percentile compared to peers.
- There was a recent mod increase.
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 isVery Good, in the 1st percentile compared to peers.
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.
- 8% of peers have changed carriers since last year.
- Current Carrier's market share is in the 95th percentile at 16.2% of the market.
Business Stats
Policy History
Term | Exp. Mod | Carrier | LCM |
---|---|---|---|
2021 |
0.998 | ||
2020 |
0.998 |
Contacts
Industry Classification
Museum
Museums and Art Galleries
Museums--Not-For-Profit Only
46426
Museums--Other Than Not-For-Profit