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Administration Console
Loss defaults
This function provides tools for administrators to set defaults for use during detailed loss analyses.

Using Touchstone online Help
You can access the top-level or context-sensitive Touchstone online help from within the application or from the Client Portal. You can then search for content, bookmark pages, and generate output to other formats.
Import data from external sources
You can import exposure data, map layers, projects, and reinsurance packages from external sources into Touchstone databases.
Projects and exposure views
Projects are a useful way to organize your data. They contain exposure views that contain the data that you want to focus on.
Geospatial analysis
Geospatial analysis enables you to perform a deterministic risk analysis with your own view of risk on accumulations of property exposures and workers' compensation information in given areas exposed to natural and man-made catastrophes.
Exposure data validation
Verisk provides a reference containing information about Touchstone exposure data.
Data Quality analysis
The most effective way to assess and enhance portfolio-level or contract-level catastrophe exposure data is to use Touchstone's Data Quality diagnostics. These diagnostics enable you to determine the strengths and weaknesses of the exposure data you are using for analyses and supplement that data when it is missing or weak.
Hazard analysis
Hazard analysis enable you to identify the relevant catastrophe hazards for locations in your exposure data.
About loss analyses
Touchstone enables you to model catastrophic (CAT) events to estimate property and workers' compensation losses.
Reinsurance
The Reinsurance Program Manager enables you to create, import, and manage reinsurance programs.
Touchstone data export types
Touchstone enables you to export different types of data.
Activity Monitor
The Activity Monitor displays the status of all activities.
Managing data sources
Use Data Source Management to manage Touchstone databases.
User model management
Use User Model Management to build custom non-Verisk models and seamlessly integrate them into Touchstone.
Model Builder
Administration Console
- User administration
  User administration involves the management of users, roles, groups, and business units in Touchstone Re.
- Global defaults
  Business unit and system administrators can set and modify viewing and analysis defaults.
- Event set management
  Your Touchstone Re installation includes event set files for each peril and region licensed by your company.
- Loss defaults
  This function provides tools for administrators to set defaults for use during detailed loss analyses.
  - Application customization
    The Application Customization pane enables you to customize loss defaults.
  - Forestry unit price
  - Correlation and uncertainty
    The Correlation and Uncertainty function enables you to enter the degree, in percentages, to which you believe your contract is correlated. You specify the degree of correlation based on your knowledge of a particular contract.
  - Set gas and oil prices
    Touchstone andTouchstone Re use gas and oil prices to calculate platform Business Interruption (BI) losses.
  - Establish exceedance probability defaults
    In Touchstone Re, you can establish exceedance probability (EP) defaults for the number of exceedance probabilities and return periods that appear in loss analysis results, for up to 15 point sets.
  - Customize demand surge
    Steps to review and adjust demand surge for Touchstone/Touchstone Re.
  - Wages and benefits
  - Min-max deductible policy
    This function enables you to set as a detailed loss analysis default whether to apply former or revised min-max deductible logic. This flexibility enables you to calculate the deductible with or without the application of location terms. Users can override the default when configuring a detailed loss analysis.
- License management
  Tools to manage Touchstone and Touchstone Re licensing.
- HPC resource management
  HPC Resource Management provides tools in Touchstone and Touchstone Re to configure HPC (High Performance Computing) resources.
- Server administration
  Touchstone and Touchstone Re server administrators can perform a suite of tasks.
- Data Quality (administration)
- Object management
  Object Management selections enable authorized users (system administrator or business unit Administrator) to manage a variety of items, such as users and templates.
User interface
Reference: Common Help topics

Loss defaults

This function provides tools for administrators to set defaults for use during detailed loss analyses.

Administration Console > Loss Defaults

You can set the following loss defaults: