RISKDETMM

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RISKDETMM.PNG
Name Risk Details MM
Shortcut RISKDETMM
Area Policy

See the NOVUS Walkthrough Guide for general information about the system.

For an overview of how risk elements work, please see the risk details page on this wiki.

Risk Details MM

This screen allows risk level data for Medical Malpractice (MedMal) business to be added to a risk (or quote). The import schedule functionality is not available yet for this details type so the import button is greyed out. Please discuss any requirement for an import schedule for this Risk Details Type with Morning Data.

RISKDETMM.PNG


There are several ways to view these risk details. In the navigation tree, right-click on the required record and select the 'Open RISKDETMM' option; alternatively either double click on the record in the navigation tree or search for the record and click on the record to open it. On the Risk View screen or from within the open record, select the hyperlink Edit Risk Details which will then show the risk details screen. Alternatively, type RISKDETMM into the NOVUS shortcut box, and select the record to edit.

Each location is entered as an indexed insured name in the top left-hand corner of the screen and the address, information and deductibles tabs in the right-hand corner of the screen can be used to store additional information against each location. Risk items can then be added to the bottom part of the screen for each location. When a risk item is added, the premium is automatically calculated based on the sums insured, sums insured % and rate %.

If there has been a transaction on the policy, padlocks will be shown on the screen indicating that the policy is locked and changes cannot be made without running the RISKEND program.

Address Tab

RISKDETMM address.PNG

The Address tab allows the entry of address details against each insured interest. The latitude/longitude can be completed, and the Update button will auto-populate the address, or the address can be manually populated and the latitude/longitude will auto-populate.

The Address tab has the following fields:

Field name Description
Address 1 Free text
Address 2 Free text
Address 3 Free text
City/Town Free text
Zip Code Free text
Country Select from a drop-down menu which is a lookup to the country code found on the CODES program
State Select from a drop-down menu which is a lookup to the state code found on the CODES program
County Select from a drop-down menu which is a lookup to the county code found on the CODES program
Cresta Zone Select from a drop-down menu which is a lookup to the country code found on the CRESTA program


Information Main Tab

RISKDETMM information.PNG

The Information Main tab, as shown above, has the following fields:

Field name Description
Proposal Form Date Select the date for the proposal form
ERB Start Date Select the date of the ERB
No Of Births Enter the number of births at this insured instance
 % of Public Work Enter the amount of public work expressed as a percentage
Trading Since Enter the first date the business started trading
ERB End Date Enter the end date of the ERB
Patient Population Enter the number of patients at this insured instance
 % of Private Work Enter the amount of private work expressed as a percentage
Retroactive Start Date Enter the retroactive start date
Obstetrics Check if this is an obstetrics facility
Teaching Facilities Check if this a teaching facility
 % Indemnified Enter the percentage indemnified
Unscheduled care Check if this facility offers unscheduled care
Cosmetics Check if this facility offers cosmetic procedures
Tele-Health Check if this facility offers telehealth services
Unscheduled care Check if this facility offers unscheduled care
Practice Text box for practice information
Total premium This field is automatically calculated based on the risk items assigned to the insured interest.
Total SI current This field is automatically calculated based on the risk items assigned to the insured interest.


Deductibles Tab

The deductibles tab allows deductibles to be set against the depot as below, and these are for reporting purposes only.


RISKDETMM deductibles.PNG

The following fields are on the deductibles tab:

Field name Description
Peril code This is a lookup to the CODES program peril code. For documentation fields to work correctly, WS, TY, OP, FL, EQ must be used for windstorm, terrorism, any other perils, flood and earthquake respectively.
Limit Enter the peril code limit
Amount Enter the deductible amount. This field will be automatically calculated if this field is left blank and the per cent is added
Percent Enter the percentage of the limit, and the amount will automatically be calculated if the amount field is blank
Basis Select the CODES program basis (ER3001) codes
Description Free text description of line item

Risk Items

RISKDETAH risk items.PNG


For each insured interest, risk items can be entered. The fields available for each risk item are:

Field name Description
Risk Item Code This is a lookup to the CODES program risk items code. If risk item codes are not set up for the section group used on the policy, a warning message will appear when the risk details screen is opened
Section Type This is automatically populated based on the information in the CODES program for the risk item code selected
Description Description of Section type. Can be edited.
Insured From This is automatically populated based on the section from date, although the date can be overtyped
Insured To This is automatically populated based on the section from date, although the date can be overtyped
Practitioner Name Enter the name of the practitioner
Reg No Enter the practitioner's registration number
Reg Body Enter the practitioner's certifying authority
Specialty Enter the practitioner's speciality
Associate Role Enter the practitioner's job role
#FTE Enter the practitioner's full-time employee staff number
Professional Status Select the practitioner's professional status from the drop-down list
Employee status Select the employee's professional status from the drop-down list
WHW Enter the WHW number
Sums Insured Enter the value for this line item
Rate % Enter the rateable value of the insured interest
Premium The premium of the insured interest is automatically calculated based on the value and rate (if the Auto button is in view, or can be entered manually if the Manual button is in view


Import Schedule

The import schedule functionality is not available yet for this Risk Details Type so the import button is greyed out. Please discuss any requirement for an import schedule for this Risk Details Type with Morning Data.

Risk Item Import

Risk items can be imported against individual locations. See the risk item import page on this wiki for more details.

Controls

Delete All will delete all locations and their associated risk items. To delete a single location and its associated risk items, click on the line to be deleted to highlight, then use Ctrl + Del. Remaining locations will retain their original index number.

The import schedule functionality is not available yet for this Risk Details Type so the import button is greyed out. Please discuss any requirement for an import schedule for this Risk Details Type with Morning Data.

View on Map button will invoke the RISKMAP to display the locations on the risk (or quote) on a map.

On the Address tab, the Update button enables the user to enter or amend a latitude/longitude and update the address.

Clicking the Adjust Premium button will open the claims history and premium breakdown window.

Risk item import is used to import risk items against individual locations.

Delete Risk Item: To delete a risk item, select a row using the indicator column, and press the button with a red 'X'.

MTA (mid-term adjustment) will off insure the selected risk item row and create a new line.

If the Auto button is displayed then the premium is automatically calculated based on the sums insured, sums insured % and rate %. If automatic calculation is not required, click Auto and change to Manual.

Cancel will remove any changes made since opening the risk details, so that the original risk details are preserved.

Save will save any changes that have been made in risk details.

Close will close the risk details screen, although if changes have been made and not saved, a warning message will be displayed.


Version History

v 6.0.0 – Updated to the latest version

v4.2.0 – Updated to latest version