Which entity is NOT considered a regular source for Workers Compensation averages?

In the context of Workers’ Compensation averages, entities typically provide data based on claims, premiums, and losses to help establish rates and benchmarks. State insurance funds, private insurance companies, and self-insured employers are involved in this process as they directly engage in the administration of Workers’ Compensation insurance and have access to relevant data for creating average rates.

Lloyd's, however, operates as a marketplace for insurance where various syndicates underwrite risks, and while they may offer Workers’ Compensation insurance, they are not a primary source of average data regarding claims for Workers’ Compensation. Their structure is more focused on specific types of high-risk coverage rather than providing comprehensive averages on Workers’ Compensation across the board. Therefore, they don't typically compile and report comprehensive average rates used for Workers' Compensation insurance in the same way that the other entities do.