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Policy Statement
The policy of Verisk Analytics and subsidiary companies, including ISO, is to comply in all respects with federal and state antitrust laws. With this in mind, we want to mention that during all seminars held under our auspices, the antitrust laws prohibit discussion of certain topics. Because we want to avoid even the appearance of an antitrust violation, we go beyond the letter of the law, and we will not discuss any matter that violates the spirit of the antitrust laws or could be perceived as doing so. A copy of our Policy Statement on Discussion at Meetings can be found at www.iso.com/statement.
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Todays Presentation
Todd Meyer
Senior Sales Consultant
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Process of an Update
Analyze the ISO content Design the ISO content implementation Implement the ISO content Test the ISO content Customize for insurer-specific deviations
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Analysis
Determination of each circular
No change required
Example: Wording changes on the form
Algorithm changes
Algorithm creation Check in/out of source control
Form changes
Form edition date Modifications within user interface New form creation Updating or changing conditional logic
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Implementation
Infrastructure modifications
Mapping Constraint data Pricing table updates
UI modifications
Required elements Flow and validation Conditional data capture
Algorithm modifications
Algorithm deviations
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Major Deliverables
Formatted file (MS-Excel or XML) available for upload to PAS
Required tables and their relationships, such as:
Parent-child relationships Fields and field sizes Keys
Technical specifications
Premium calculations Forms attachment logic Stat code assignment logic (ISO full stat plan) Validation messages
Delivery Model
= Content from ISO State Manual
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Before ISO Electronic Rating Content, business resources had to create these files manually using the Commercial Lines Manual!
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Algorithm files containing rating rules can be downloaded in seconds for each ratebook release
Rounding rules
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The same algorithm files containing rating rules also contain form attachment logic
Forms designated as optional, conditional, or mandatory
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The same algorithm files containing rating rules also contain stat code assignment logic
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Feedback
Send feedback to:
mondaywebseminars@verisk.com
Next event:
Monday, March 12, 2:00 p.m. Eastern time Commercial Telematics: What Are You Missing?
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