Creating a New Non Catastrophe Peril Analysis in Underwriting Contract Mode

You can also perform a non-catastrophe peril analysis in Portfolio 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 Underwriting Contract Mode, you choose a single contract as the target for a non-catastrophe peril analysis.

Procedure

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

  1. Open the desired contract to view the Contract Summary Dashboard.
  2. In the navigation pane, click Detailed Loss.

    If Touchstone has not yet run a Detailed Loss Analysis on this contract, the New Detailed Loss Analysis pane appears.

    Alternately, if Touchstone has already performed a Detailed Loss Analysis on this contract, the results of the most recent Detailed Loss Analysis appear. In this case, click Analysis Options to configure a new catastrophe peril analysis for this contract. The New Detailed Loss Analysis pane appears.

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

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

  4. In the Analysis Settings pane, select Non-Catastrophe Peril Analysis.
  5. 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

    [Optional] 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.

  6. In the Analysis Name field, leave the default name, which includes the contract ID and the type of analysis, or enter a unique alphanumeric identifier.
    Note:

    Entering some combination of the contract ID along with the analysis type enables you to find result sets quickly in the Activity Monitor.

  7. 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.