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Welcome to QuickMod.com,
an online tool which allows
you to generate a comprehensive analysis of a workers
compensation modification factor in mere minutes. This
analysis will help you or your client to better understand
the mod, how it impacts premium costs, and how to control
it.
What
data do I have to enter into QuickMod.com?
To use QuickMod.com, you
simply enter a few numbers from the footer of the experience
rating worksheet.
What
data is output from QuickMod.com?
The analysis produces
several on-screen reports which
-
display the
mod formula with your client's data
-
display the
company's
minimum mod
-
display the
controllable mod
-
highlight the
contribution of loss frequency vs. loss
severity to the company's total mod
-
demonstrate
how much losses actually are costing the
company in additional premium
-
explain what
is driving the mod to be higher or lower
than the average company
-
show the
impact that individual losses (up to five)
have on the mod
-
display an
aggregate loss sensitivity table which shows
how the mod would change if total losses
were to increase or decrease by a given
percentage
The reports can be
printed to a printer or pdf file for
distribution.
Watch our video to get a better idea
of how to use QuickMod.com and its reports to help you or your
clients! This presentation runs approximately 18
minutes. Topic links within the video window
allow you to jump to desired segments, so you
don't have to load or watch the video all at
once. |
How do I sign up?
For questions about ordering
or renewing QuickMod.com, contact us at
support@zywave.com
or (866) 499-9283.
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