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About the Contract Details Pane |
The top half of the Contract Details pane displays a subset of the columns available in the Column Chooser. In addition to the subset of columns, the pane includes information about the line of business and the policy form. You can enter the name of the producer in the Producer field, and you can select another currency to use as the default if you are going to add new exposures (locations) to the contract.
The lower half of the pane may include four tabs: Locations, Layers, Step Function (only if the contract includes step function data), and Map. The first time you open the Contract Details pane, the application displays a set of default columns in the Locations and Layers grids. The Column Chooser enables you to select the columns you want to include in the grids.
When you highlight a contract in the grid, the row is highlighted in green. You can edit most of the fields in the grid; when you click in a field that can be edited, the green highlighting disappears. Fields marked with a red asterisk (*) in the grid are required fields, that is, you must enter information in the field when you add a new location.
Click here for information about working with grids.
From the Locations tab, you can open a location record by clicking the hyperlinked location ID. For detailed information about each of the fields on the Locations tab, see Locations.
The Locations tab has three tabs that enable you to scroll between the Details, Terms, and Reinsurance data for the selected location. Each tab includes its own Column Chooser. Click here for information about location terms, including information about how to add term sets. Click here for information about location reinsurance terms, including information about how to add reinsurance sets.
You can copy location terms along with location exposure data from a spreadsheet and paste them (up to 200 records) into the Locations grid. To do this, copy the records from a spreadsheet; the first time you do this, include the headers in the copy. Then, right-click in the Locations grid and select Paste; the Paste Records dialog box opens. Select the delimiter type and then select the date format. Click Append New Records; when the Location Field Mapping window opens, map the required fields and select the defaults and then click Apply. You can also replace existing location records by selecting the row or rows that you want to replace before pasting the copied data.
From the Layers tab, you can open a layer record, which provides summary information about layers and about sublimits associated with the layers. You can also add and delete layers and sublimits. You can also view reinsurance associated with a layer by clicking the value in the Reinsurance Count column; the Reinsurance tab opens where you can also add reinsurance to the layer. You can copy layers and sublimits from a spreadsheet and paste them into the Layers grid. To do this, copy the records from a spreadsheet. Then, right-click in the white area of the Layers grid and click Paste.
When copying and pasting into the Layers grid, note the following:
• The order of the columns in the spreadsheet must match the order of the columns in the Layers grid.
• When you copy sublimit rows, there must be an associated parent layer. For example, if you copy a sublimit with layer ID "6", there must be a layer with layer ID "6" in the Layers grid.
• A layer requires at least one peril. If you try to remove the only peril from a layer, Touchstone automatically defaults to the Earthquake peril for that layer.
If a layer includes one or more sublimits, use the triangle in the leftmost column to expand or collapse the layer record.
Use the cell in the second column to select a row. After you select the row, a right-pointing triangle appears in the column and the entire row is highlighted in green.
For detailed information about each of the fields on the Layers tab, see Layers.
Touchstone supports the step function record only for primary property policies. The record can be used to implement single-location residential endowment policies in Japan. It was developed to support the multi-step structure of Japanese earthquake policies. Rather than paying out a continuous amount for any damages that occur at a location, policies with step functions define ranges where any damages that fall between "x" and "y" will be paid out at a certain amount. You can also use step functions for any region, peril, or line of business. The record contains fields that detail the damage ratios in each of the steps that dictate when certain coverage-specific payouts are made.
Step functions do not apply to facultative or workers' compensation policies.
Selecting a 
trigger
type indicates how, and for which coverages, payouts
are triggered.
If you change the trigger type,
the system warns you that you will delete all the steps. You can
then click OK to proceed or click Cancel. If you click OK
and then change your mind, click |
The columns in the following table identify step function fields that are repeated for each step in the step function represented by the record. For example, if the record defines two steps, the fields are repeated twice, once for each step.
For detailed information about each of the fields on the Step Function tab, see Step Function.
The map displays the locations in the contract. When you click a location on the map, the system displays location information, including: location, insured, and contract name; address and geocode information; construction and occupancy code, year built, number of stories, and replacement values. You can copy the data to the Clipboard by clicking the Clipboard icon in the upper right corner of the information window.
Click here for information about working with maps.
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© 2020 AIR Worldwide. All rights reserved. Touchstone 7.0 Updated September 03, 2020 |
return to
the contract list. When the system asks whether to save the changes
to the contract, click