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Administration Console
Loss defaults
This function provides tools for administrators to set defaults for use during detailed loss analyses.
Set gas and oil prices
Touchstone andTouchstone Re use gas and oil prices to calculate platform Business Interruption (BI) losses.

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.
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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
  - 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
- 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

Set gas and oil prices

Touchstone andTouchstone Re use gas and oil prices to calculate platform Business Interruption (BI) losses.

Admin > Administration Console > Loss Defaults > Gas and Oil Prices

In 2024 (12.0), we set the default gas and oil prices to zero.You can change the default values at any time. However, since BI losses are a function of the oil and gas prices in the application, you should ensure that these assumptions are reasonable to avoid over-inflating the BI portion of the loss estimates.


Parameters and Buttons	Description
Common buttons	Use these buttons (when applicable) and the parameters below to set default gas and oil prices.
Oil Price	Enter a new default unit price for oil.
Gas Price	Enter a new default unit price for gas.