Our process has resulted in a 34% reduction of Incurred Losses. (Incurred Loss and Paid Expense Comparison as of 7-31-04)

• Policy Year
• 9 Months
• 21 Months
• 33 Months

• 2001
• $1,399,264
• $4,131,971
• $5,516,395

• 2002
• $2,824,333
• $5,020,250
•  

• 2003
• $1,843,199
•  
•  

Our process reduced the cost of each Indemnity (Lost Time) case by 48%.

• Policy Year
• 9 Months
• 21 Months
• 33 Months

• 2005
• $15,209
• $29,514
• $40,266

• 2006
• $25,676
• $35,859
•  

• 2007
• $13,260
•  
•  

We close cases more quickly compared to prior years. (Percent Open Claims)

• Policy Year
• 9 Months
• 21 Months
• 33 Months

• 2005
• 65%
• 46%
• 29%

• 2006
• 79%
• 40%
•  

• 2007
• 58%
•  
•  

Data from a MAJOR truck line with 3,200 power units, calculated by a MAJOR WC insurance company.  These compare the same 9 months of the prior year to the 9 months of the prior year when Carom was involved (from October 2003 through July 2004).

Comparison

Without Carom

With Carom

Number of Claims (35% increase in frequency)

121

164

Total Incurred (A decrease of 35%)

$2,824,333

$1,843,199

Cost Per Claim (down by 48%)

$25,676

$13,260