As defined by the Web Dictionary: IntelliComp
(in-tel'e-komp) n. 1. A workers' compensation and experience rating
database. 2. An intelligent database. 3. The workers'
compensation database that professionals insist upon.
There is a reason that IntelliComp is the largest provider of Workers' Compensation and Experience Rating Data. "Our products and experience in the industry are unparalleled." |
IntelliComp is your premier data retrieval service for obtaining information on companies’ workers’ compensation experience modifications. It is your means of sorting through and making sense of the statistical data gathered by the WCIRB that you need to develop leads. The data that you have access to through IntelliComp includes all identifying information on the insured, such as company name, d.b.a., WCIRB number, address, e-mail address, phone number and fax number (where available), class code, code description (including sub codes), pure premium rate, survey status and experience modification information (including experience modification year, experience modification calculation date, experience modification and experience modification status).
IntelliComp has implemented state of the art technologies which has made it the most sought after experience rating database on the market today. The IntelliComp system is easy to use and the data is superbly presented so that anyone can understand it, especially the insured.
The following Bureau Report shows all of the experience rating data in a simple and concise format:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Copyright (C) 1996 - 2010 IntelliComp. All rights reserved. (www.exmod.com) |
presents the following services:
IntelliComp allows you to search for individual or multiple risks by company name, WCIRB number or address. BureauReport is a clear and easily understandable presentation of data for you or your client, which includes the name of your agency, agent and phone number along with experience rating information on the selected risk. BureauGraph may also be requested which gives you a graphical representation of the risk's experience modification history.
ModAlert allows you to tag risks so that you will be notified of future experience modification changes. Once you have identified these risks, they will be tracked for you on a weekly basis, and any changes to the experience rating data will be reported to you automatically by e-mail within days of the Bureau’s publication of the new data.
Data Query allows you to search for risks that fall within a specified experience modification range, geographical area and industry. You can also search for risks which have been issued an experience modification for the first time or for risks which have had an increase in their experience modification. You can search by calculation date so you can begin prospecting prior to their renewal date. Data Query allows you to search either the entire database or the most current week’s updates.
ExModPlus™ allows you to receive leads on each weekly update automatically. This product was designed to provide leads that fall within a very narrow criterion. As an example, you may want all risks that are in Ventura County and have had a 30-point increase in their experience modification. This is an excellent marketing tool for contacting those risks that need assistance immediately.
XP-Calc (Experience Period Calculation) will calculate which policy periods and unit statistical report levels that will be used in any experience modification effective period. The most powerful feature of XP-Calc is Strategic Cancellation™ . Strategic Cancellation™ gives you the ability to strategically analize a risk and determined the advantages and disadvantages of a NAD change. Did you know that a policy period can be used for more than 3 years in the calculation of experience modifications? A policy period can be used for as little as 2.5 years or as much as 3.5 years. If you're going to change your clients NAD, you need Strategic Cancellation™ . XP-Calc and Strategic Cancellation™ The most powerful tools on the market today.
EstiMod is an experience modification calculation program designed for the insurance professional. EstiMod will automatically look up Expected Loss Rates, D Ratios and W and B Values for the experience rated year in question. The look of EstiMod is impressive and includes the name of your agency and client. This service is included in your base fee for IntelliComp.
CarrierRateFiling provides the filed rates for major writers of workers’ compensation insurance in the State of California. You can print the filed rates by carrier or compare carrier rates by class code. This is a powerful tool that can assist you in the current market.
BureauManual is a superior format of the California Workers' Compensation Uniform Statistical Reporting Plan and Experience Rating Plan. BureauManual is fully searchable and precisely indexed so you can find the information you need.
BureauCode provides you with the phraseology, footnotes, pure premium rates, expected loss rates and D-ratio, by class code. Any changes with respect to the phraseology or footnotes are indexed. A history from 1995 to date is presented.
BureauRates provides you with the pure premium rates, expected loss rates and D-ratios, by class code, from 1995 to date.
BureauMinutes are the minutes from the Classification and Rating Committee meetings. Imagine your client (a waterbed manufacture) asks you why they are classified under “Mattress and Box Springs.” Your client states they do not make mattresses or box spring and wants to be classified under a different code. BureauMinutes gives you the tools to analyze to problem. Simply search for “waterbed” and review the C&R Committee’s ruling.