Specific Software Solutions & SIGMA Actuarial Consulting Group

Software tools and actuarial services for risk management and insurance professionals

Latest News | Products & Services | Support | Library | Company | Shop | Search

Specific Software Solutions · SIGMA Actuarial Consulting Group


"I
love the new expanded spreadsheet view with auto-fill for entering and viewing loss information."

 - Scott Cain, Certified Work Comp Advisor
Dexter & Company, Dallas


ModMaster WebHelp:
What's New in ModMaster

WebHelp Table of Contents

  Tutorials 

The new look of ModMaster - updated but familiar

Hyperlinks and the "I want to know' pull-down box for software-based and web-based help

New ways to navigate through ModMaster

New options on the Mod File Selection page

New look for the Company Setup page

New record navigation on payroll and loss pages

New options for Large Loss information

New data verification feature

New design to the Reports and Graphs page

New reports

New and improved utilities

Easier updates

Improved access to rating data

Full support for all claim methods (NCCI method)

Support for Pennsylvania 25% cap on mods 

 

 

 Videos 

What's New in ModMaster

 

 FAQs 

How do people use ModMaster?

How hard will it be to compute my first mod with ModMaster?

How do I get the necessary data to compute a mod?
 

Search all FAQs

 

 Still have a question?

Submit a question to tech support

The new look of ModMaster - updated but familiar    
view the video clip

ModMaster has an updated user interface rich in hyperlinks, graphics and other tools to make your use of the system easier than ever. The five major functions from ModMaster 2000 - data management, reports and graphs, what-if analysis, system administration, and utilities - are easily recognizable in the new system. A sixth area on the main menu, or home page, has links that may change when you update ModMaster to highlight important or helpful information.

 

Hyperlinks and the "I want to know" pull-down box for software-based and web-based help
view the video clip

Hyperlinks are used extensively for local and web-based help. The title of each page is a hyperlink that provides an overview of that page. Most pages also have an "I want to..." pull-down box with additional options for web resources that relate to the page. On detail screens, each data entry or display field is labeled with a hyperlink that explains more about that specific field, and sections of the screen also have hyperlink labels.

 

New ways to navigate through ModMaster
view the video clip

The familiar right and left arrows will take you from the home page to file creation and data entry, through a calculation and to the Reports and Graphs page. You can navigate to all system functions through the menu hierarchy or by using the pull-down menu.

 

New options on the Mod File Selection page
view the video clip

The list of mod files on the Mod File Selection List Page can now be sorted (ascending or descending) by using the small "a to z" and "z to a" buttons beside each field name.

You can add a new mod file by clicking the Add button on the toolbar.

You can delete a mod file by clicking the Delete button on the toolbar.

You can search for something in the mod file list by first clicking the Find button on the toolbar. For example, to search for a file containing account name "Acme," type "Acme" in the Find What box, select "All" in the Search box to search all records, select "Any Part of Field" in the Match box to find records containing but not limited to "Acme" (such as Acme Consolidated, Acme of America, etc.), and check off the boxes to Match Case and Search Only Current Field, unless you want to further restrict your search by those parameters.

To select a mod file for viewing or editing, click on the desired file name.

 

New look for the Company Setup page
view the video clip

Similar to ModMaster 2000, the Company Setup page is divided into three sections, the basic information, the policy period information and the exception information. The exception information now appears at the right of the screen instead of as a second page and is hidden by default. 

The policy period information area now features a new button labeled Auto-Fill Dates. You can click this button to automatically fill the most recent three policy periods with policy dates based on the effective date you have entered. 

If you have interstate, intrastate and/or multiple adjustments to make in a calculation, you will need to click the Show button on the Exception Information bar in order to view and enter data into these fields. We recommend that you keep these fields hidden unless you need them. 

 

New record navigation on payroll and loss pages
view the video clip

You can now navigate through the records on the payroll and loss screens by using the up and down arrows on your keyboard. This should make data entry from a bureau worksheet a little easier.

 

New options for Large Loss information
view the video clip

The Large Loss page now shows more than one loss record at a time, depending on your screen resolution and window size. But even more options are available by using the View button on the toolbar. Using this button, you can select to view or enter the Large Loss records in form view (the default), short spreadsheet view (required data only), or expanded spreadsheet view (all data). Once again, in the spreadsheet-types views, the up and down arrows may be useful for record navigation or data entry. Note that you can also sort loss records by any field in the expanded spreadsheet view.

 

New data verification feature
view the video clip

After you calculate a mod, the Mod Summary Page has a new format for critical and warning messages. The first area, "Data Verification Results," shows the results of an audit of the ModMaster data. While the desired status is "The audit has been completed with no critical errors or warning messages," many critical or warning errors such as missing data, data for conflicting states, and date range problems may be noted here. Note that you may have to page through several records if you have more than one error.

Below this area is a space where a critical calculation message is noted. Links to ModMaster support and the technical error log, which we might ask you to review with us, are provided.

 

New design to the Reports and Graphs page
view the video clip

The new Reports and Graphs page has two selection boxes. The selection box at the left features the report selection list similar to what you used in the old ModMaster. When you select a report, its brief description appears in the blue box below the selection list. To select multiple reports, hold down the control (Ctrl) key while clicking. Then you can click the Print Preview or Print Now buttons.

The selection box to the right features descriptions of certain groups of reports, such as "Key reports to help me explain the mod to my client" and "How changes in payroll or losses would affect the mod." When you click on a group description, a more detailed description and a listing of the reports in that group appears in the blue box below. Some reports may be listed in more than one group. You can click the link Preview the above reports now to immediately preview the reports in the selected group instead of having to select them from the list at the left.

 

New reports
view the video clip

The Mod Snapshot report is packed with five mini-reports on one page. It features the key calculation numbers, a breakdown of mod contributions to the premium, the impact of specific losses, a graph of actual vs. expected losses, and the mod formula shown with actual numbers from the calculation.

The Ratio Analysis report shows the ratio between actual and expected losses, both primary and excess, and provides a brief interpretation of the results.

The Mod Impact on Premium Analysis report graphically depicts the impact the mod had on the premium paid. It also shows the average mod, the minimum mod and the controllable mod.

The Payroll Entry Data Verification report shows the payroll entries in the order they were entered.

 

New and improved utilities
view the video clip

Through the Utilities page, you can rollover, copy and delete files as before. You can also rename a mod file or archive a file so that it does not show in the mod file selection list but can be imported for later use.

The import and export features have been changed. Further information is available here

 

Easier updates
view the video clip

No more confusion over whether to run a single PC or network update file - there's only one update file with the new ModMaster. Network/client users no longer have to worry about updating both the server and client - the client update is automatically detected. More information

 

Improved access to rating data
view the video clip

Through the System Administration/Rating data function, you can now view a summary of each state and the effective date of that state's latest update within ModMaster. You can then click on a state and enter a desired payroll code in order to see the rate history for that code.

 

Full support for all claim methods (NCCI method)
view the video clip

For calculations using the NCCI method, the claim method is now a pull-down box on the Large Loss page. This value defaults to the most common claim method, "State Per Claim Accident Limitation," but you can select other accident limitations of "State Multiple Claim," "USL&HW Per Claim," "USL&HW Multiple Claim," and "Employers Liability." At calculation time, the loss will be automatically adjusted based on the claim method you select.

Support for Pennsylvania 25% cap on mods 
view the video clip

ModMaster now supports the April 1, 2004 rule implementing a plus or minus 25% cap on Pennsylvania mods from one year to the next. (See our article Special Notice Concerning Pennsylvania Calculations for more information.) To calculate the limitation, check the box labeled "Limit PA mod if applicable" on the Company Setup page for a PA/DE calculation. Enter the previous year's mod in the "Prior mod" field that is displayed. The mod will be automatically limited and displayed on the Mod Summary page and all reports. The unlimited mod is shown in a footnote on the PA/DE Detailed Report. 

 

This page can be printed with no right-margin overflow by using the Page Setup command
to set the left margin to 1.0 and the right margin to 0.5 inches.