onlyinuyashaFollowFanartInuYashaHakudoshiNarakuKaguraKannaNaraku's incarnationsYokaiHanyouEditPictureF207 notesLoading...Show more notesReblog Sponsored by Google Cloud Platform$Try Google Cloud Platform free for 60 daysDeploy applications on Google’s highly-scalable infrastructure. Choose from computing, storage & app services for web, mobile and backend solutions. Where there is insufficient local claims experience to look at, underwriters turn to the National Council on Compensation Insurance, a clearing house of workers injury and compensation data. Generally, underwriters will take your payroll and multiply it by an average claim factor for that type of worker. This produces a baseline average of the total number of expected claims, which they subdivide as claims per $100,000 of payroll, claims per year, or claims per time unit. The frequency of claims is considered to be a close proxy for the safety culture of the individual business. They then account for the average severity of claims for that type of worker in your industry and combine the two to arrive at a baseline prediction for expected losses. Underwriters must then try to assess your business and answer the following question: Given the policies and procedures in place at your business and your claims history, is your company likely to produce losses that are higher than the industry baseline or lower?