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A sample QuickLossPick.com session: view the video

Instructions

Go to QuickLossPick.com

 

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Instructions for Using QuickLossPick.com

Welcome to QuickLossPick.com! We hope you will find this web-based tool to be a powerful new addition to your analytical capabilities.

Instructions for utilizing QuickLossPick.com are shown below:

  1. Go to www.QuickLossPick.com.

  2. Enter the username and password which we have emailed to you.

  3. The first screen you see is the Report Setup screen. Enter the information and click the Next button. It is important to note that on all data entry screens, you should be sure to use the Tab key or the mouse to move between fields.

  4. The Data Input screen will appear.

    If you have one year policy periods and a common evaluation date, enter the fist policy start date and the first evaluation date and then press the Fill Dates button. QuickLossPick.com will complete the remaining dates. Verify the accuracy of these dates and make any changes if necessary.

    If your policy periods or evaluation dates are irregular, you can simply enter all the date information.

    Be sure to enter the limited loss amounts and payroll amounts for each of the policy periods. Click the Next button to continue.

  5. The Incurred LDF screen shows the selected loss development factor, claim cost trend, and payroll trend. You can modify these values, if you wish, by selecting/highlighting the number and typing in a new number. Be sure to click the Update Values button to see the results of your changes. If you wish to return to the default values, click the Restore Defaults button. Click Next to continue.

  6. The Pure Loss Rate screen shows the computed pure loss rate per $100 payroll for past policy periods. Based on your knowledge and the pure loss rate values in the table shown, determine a pure loss rate and projected payroll to use for the loss projection and enter these values. Click Next to continue.

  7. The report is shown on the final screen. The report shows all data and factors along with the projected losses. This report is designed for viewing on-screen and not for printing. If you print the report, it may not have page breaks at the most desirable locations or have other formatting issues. However, you can save the report by choosing "Save As" under the file menu in the upper left hand corner of your browser.  Save as a "Web Archive, single file (*.mht)" file format. The document can then be emailed to other people for viewing.

At any point in the analysis, you can use your browser's Back button or QuickLossPick.com's Back button to go back to a previous screen and change data, then proceed forward once more to see the changed results. But once you leave QuickLossPick.com, the data you entered will not be saved. 

Use our priority support form or contact us by email or phone if you have questions.

QuickLossPick.com
 designed and supported by



developers of
Loss Forecaster
and
ModMaster 2000,
the nation's leading
experience rating software.