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Ep. 158: Frequency vs. Severity | The Impact of Claims Big and Small

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Manage episode 491881085 series 3048951
Content provided by Missouri Employers Mutual. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Missouri Employers Mutual or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In the world of workers compensation, loss runs affect a business's risk evaluation. Underwriters look carefully at a company's claim history. This process gives them an understanding of how frequently claims are happening, how severe they are, and if a business is putting effort into reducing workplace risk. Learn the differing impact of claim frequency versus claim severity on a business' s risk evaluation with Becky Duello, Senior Underwriter at MEM.

  continue reading

161 episodes

Artwork
iconShare
 
Manage episode 491881085 series 3048951
Content provided by Missouri Employers Mutual. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Missouri Employers Mutual or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In the world of workers compensation, loss runs affect a business's risk evaluation. Underwriters look carefully at a company's claim history. This process gives them an understanding of how frequently claims are happening, how severe they are, and if a business is putting effort into reducing workplace risk. Learn the differing impact of claim frequency versus claim severity on a business' s risk evaluation with Becky Duello, Senior Underwriter at MEM.

  continue reading

161 episodes

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