Augmentation Rules
The Data Quality Augmentation rules in this section enable you to enhance the quality of your exposure data in any problem areas that you have identified:
AIR's Property-specific database, which compiles information from multiple industry databases, including ISO's Specific Property Information (SPI) database, is available under separate license. With this license, you can use Augment's Enhance with Property-Specific Data Values option to replace location attributes with AIR's Property-specific database values. In addition, by default, Touchstone includes, in Data Quality Analysis results, a summary of the consistency of your exposure data with data in AIR's Property-specific database; you can also choose to include detailed information about the consistency of your data. Without a license to this database, you cannot augment geocoding, primary risk characteristics, secondary risk characteristics, or building replacement values with AIR's Property-specific database values. However, you can use Augment's Enhance with User-specified Values option to clear geocoding data and replace primary risk characteristics, secondary risk characteristics, and replacement values with values that you specify.
Update Geocoding Data
These rules enable you to replace latitude, longitude, and geocode match level data with values in AIR's Property-specific database. For more information, see Using Geocoding in Touchstone, which is available on the AIR Client Portal.The following table describes the settings in the available rules, including the settings in AIR's default rule set.
Option |
Action |
AIR Default |
---|---|---|
Always update geocode data with AIR's Property-specific database values |
Replaces all latitude, longitude, and geocode match level data with AIR's Property-specific database values. |
Not selected |
Only update geocode data with AIR's Property-specific database values if: |
For any locations that meet the selected criteria, replaces all match level data with AIR's Property-specific database values. Available criteria include:
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Augment the data if the following criteria are true:
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Tenant Policy Identification & Augmentation Preferences
This rule enables you to identify which locations in your portfolio are covered by tenant policies according to their line of business, policy form, and occupancy type. If you select an occupancy type, you can also specify the ratio of building to contents replacement value.
For Validation, several Reasonability rules require that the system can identify such policies; for example, one Reasonability rule is "Total Replacement Value < 50,000 and not a mobile home or a tenant policy."
For Augmentation, when you identify policies as tenant policies, the system does not update replacement, occupancy type, or gross area values for locations covered by those policies. This is because augmentation with AIR's Property-specific database values uses only ground-up replacement values—since certain fields in tenant or condominium owner policies cover only a small building replacement value, not the full building replacement value, and/or a contents replacement value, identifying a policy as a tenant policy prevents augmentation of those values with AIR's Property-specific database ground-up replacement values. (Touchstone can still augment other fields in the tenant policies.)
To make it easier to filter out of augmentation the locations that are covered by a tenant policy, AIR recommends that you assign a unique line of business to all such locations.
The following table describes each option, including the settings in AIR's default rule set. Click here for information about configuring a tenant definition.
Option |
Action |
AIR Default |
---|---|---|
Tenant Policy Identification & Augmentation Preferences |
When you select this check box, Augment does not apply replacement value, occupancy type, or gross area values found in AIR's Property-specific database if the policy meets the specified criteria for a tenant policy. Criteria include:
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The AIR defaults are:
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Skip Locations with Duplicate Address in the Same Book and Contract
This rule enables you to keep Data Quality Analysis from augmenting exposure data for locations with the same address (ISO BIN) when the locations appear multiple times in your selected book and contract. This can be useful when you have multiple buildings coded to a single address, for example, when several university buildings are assigned the main campus address or when several buildings in an industrial park share the same address.
Building Valuation Guidelines for Replacement Value of Building (Coverage A)
These guidelines enable you to update building replacement values, other coverage-specific replacement values, and limits with values from AIR's Property-specific database. You can adjust coverage-specific replacement values and limits if the corresponding building replacement value is augmented.
The following table describes the settings in the available rules, including the settings in AIR's default rule set.
Option |
Action |
AIR Default |
---|---|---|
Update Replacement Value of Building (Coverage A) |
Applies the Replacement Value of Building (Coverage A) found in AIR's Property-specific database if all the selected criteria are met. Available criteria include:
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Augments if all the following criteria are met:
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If values are updated, adjust coverages by the ratio of replacement value change |
If the building replacement value is updated, adjusts the coverage-specific replacement values (for Other Structures, Contents, and Time Element) by the corresponding ratio of the difference between the updated building replacement value and the old building replacement value. |
Enabled |
If values are updated, adjust limits to account for guaranteed replacement cost policies |
If the building replacement value is updated, adjusts the limits by the corresponding ratio of the difference between the updated building replacement value and the old building replacement value. |
Enabled |
Primary Risk Characteristics
These rules enable you to update values for key building attributes with values from AIR's Property-specific database; you can select different replacements for each field depending on whether the current value is known or unknown. You can also update the employee count for workers' compensation certificates with values from the database; you can replace the data based on the number of tenants at the location.
The following table describes the settings in the available rules, including the settings in AIR's default rule set..
Characteristic |
Action |
AIR Default |
---|---|---|
Construction |
Perform one of the following actions. You can specify different actions based on whether the values for your exposure data are known or unknown.
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Occupancy: Data Quality Analysis business logic prevents residential occupancy codes (301-303 or 306) from being augmented with commercial occupancy codes (311 or higher) |
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Year Built |
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Height |
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Gross Area |
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Employee Count—Use AIR's Property-specific database value |
Uses AIR's Property-specific database value:
To update the value only for single-tenant or multiple-tenant locations, select the Only update if the number of tenants check box and then select the appropriate value from the list. |
Not selected |
Employee count—Keep my employee count, do not update |
Keeps the existing value |
Not selected |
Secondary Risk Characteristics
These rules enable you to update values for secondary building attributes that only affect losses for certain perils with values from AIR's Property-specific database.
The following table describes the settings in the available rules, including the settings in AIR's default rule set.
Characteristic |
Action |
AIR Default |
---|---|---|
Roof Geometry |
Perform one of the following actions. You can specify different actions based on whether the values for your exposure data are known or unknown. Keep it: Keeps the existing value Use AIR's Property-specific database value:
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Always use AIR's Property-specific database value if the existing data is unknown Keep the existing value if it is known |
Roof Cover |
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Siding |
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Foundation Type |
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