Specific Software Solutions, located in Brentwood, Tennessee, was purchased by Zywave, Inc., a leading provider of software-as-a-service (SaaS) enterprise solutions for insurance brokerages, in October 2010. This acquisition brought together two industry pioneers in the insurance brokerage software space.ModMaster software, the nation’s leading workers compensation experience rating calculator and analysis tool, was originally developed by Specific Software over 20 years ago and is now available in an all-new web-based version developed by Zywave.
Loss history significantly impacts the cost of workers compensation insurance, a concept many employers don’t fully understand. Experience rating mod analysis with ModMaster shows specifically how losses affect the mod and premium. ModMaster enables brokers, agents and other risk management professionals to add meaning to the mod and reveal cost-cutting opportunities and solutions in safety, injury management, hiring practices, return-to-work, and more.
