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Home/Introduction
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:
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Go
to www.QuickLossPick.com.
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Enter
the username and password which we have emailed to you.
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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.
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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.
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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.
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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.
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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.
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