Termlink Solutions LLC
611 W Lloyd St
Ebensburg, PA 15931
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.
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 in-line with peers, in the 38th percentile.
- Modincreasedby more than 75% of peers.
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 29th 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.
- 11% of peers have changed carriers since last year.
- Current Carrier's market share is in the 75th percentile at 2.4% of the market.
Business Stats
Policy History
Term | Exp. Mod | Carrier | LCM |
---|---|---|---|
2023 |
1.572 | ||
2022 |
1.572 | ||
2021 |
1.548 | ||
2020 04-07-2020 |
2.607 | ||
2019 |
2.416 | ||
2018 |
2.416 | ||
2018 12-28-2017 |
3.187 |
Contacts
Industry Classification
Alarm And Sound System
Electrical Work
Alarms and Alarm Systems--Installation, Servicing or Repair
91551
Communication Equipment Installation--Industrial or Commercial
92451
Electrical Apparatus--Installation, Servicing or Repair
92478
Electrical Work--within Buildings
98111
Office Machines or Appliances--Installation, Inspection, Adjustment or Repair
47367
Sales or Service Organizations