Creating a New Non Catastrophe Peril Analysis in Portfolio Mode

You can also perform a non-catastrophe peril analysis in Underwriting Contract Mode.

Note:

If the Exposure View or Contract List grid contains many items, you can easily narrow the list by filtering it based on specified criteria.

In Portfolio Mode, you choose one or more exposure views or contracts as the target for a non-catastrophe peril analysis.

Procedure

To create a non-catastrophe peril analysis in Portfolio Mode:

  1. Create a project or open an existing project.
  2. Do one of the following:

    • To perform an analysis on one or more exposure views, in the Project Data pane, highlight the exposure view or views you want to specify as the analysis target. Alternately, create a new exposure view.

    • To perform an analysis on one or more contracts, open the exposure view that includes the contract or contracts. If the Exposure Summary Dashboard appears, select Contract List and then highlight the contracts you want to specify as the analysis target.

  3. Click Run Analysis and then click Detailed Loss.

    The New Detailed Loss Analysis pane appears.

  4. If necessary, select a loss analysis template in the Template field.

    Administrators create loss analysis templates to specify defaults for analysis settings.

  5. To include additional exposure views or contracts, select them in the Analysis Target list.
  6. Note the percent of non-geocoded exposure message.

    Since Touchstone does not generate results for non-geocoded locations, you may want to fix the data before running the analysis, if the percent of non-geocoded data is high.

  7. In the Analysis Settings pane, select Non Catastrophe Peril Analysis.
  8. In the Loss Diagnostics area, select and configure each of the following diagnostics:
    OptionDescription

    Analysis Settings

    Configure analysis settings, such as selecting the event set.

    Reinsurance

    Optionally, associate the analysis targets with a reinsurance program and configure facultative reinsurance. Touchstone applies a reinsurance program only if data in the reinsurance program matches data in the exposure view.

    Output

    Configure how to save the loss results.

    Analysis Management

    Configure analysis-specific functions.
  9. In the Analysis Name field:

    • If the analysis target is a single exposure view or contract, leave the default, which is the exposure view name or the contract ID and the type of analysis, or you can enter a unique alphanumeric identifier.

      Note:

      When the analysis target is a single exposure view or contract, entering some combination of the exposure view name or the contract ID along with the analysis type enables you to find result sets quickly in the Activity Monitor.

    • If the analysis target includes multiple exposure views or contracts, you cannot change the default name, which is Auto name ('n' items).

  10. Click Run.

    The application adds the analysis to the Activity Monitor queue for processing when the required system resources are available and as soon as any specified scheduling and priority conditions are satisfied.