Insurance Xdate > Reports > VT > Alken Inc


Commercial Insurance Overview

Alken Inc is based in Chittenden county in Vermont. They operate in the Manufacturing industry, specifically in Magnetic and Optical Recording Media, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.

They have been with the same worker's comp carrier for the last 3 years. We see commercial coverage for them in 2 states including Florida, Vermont.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 0.816. An LCM of 0.816 is pretty good. More details on how it compares can be seen below.

We know the Standard Premium for this company. You can see how it compares to similar businesses in the Market Comparison. The premium paid has decreased by -6%, does this mean payroll is decreasing or are they managing their risk better?

Premium Comparison

This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Alken Inc. This can give you an idea of what carriers might best fit your business.

$3.85$0.75
Erie Ins Grp
$1.50
$1.04$2.30
Berkshire Hathaway Grp
$2.20
$1.20$2.08
Hartford Fire & Cas Grp
$1.91
$0.83$3.56
Travelers Grp
$1.32
$0.85$3.85
Amtrust Ngh Grp
$1.85
$1.00$2.30
State Farm Grp
$2.09
$1.14$2.10
Selective Ins Grp
$3.03
$1.10$3.43
Markel Corp Grp
$2.06
$1.40$2.39
Proassurance Corp Grp
$1.65
$1.00$1.73
Liberty Mut Grp
$1.56
$0.75$3.20

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Policy Renewal Date
Current Agent
Current Carrier
Policy Number
Class Code
SIC Code
NAICS Code
Premium
LCM
Multiple Locations
Multi State
Carrier Tenure
Employees
Contact Phone
Loss Cost
Coverage History


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Carriers & Underwriters

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