ISO’s Statistical Reporting Seminar

Seminar Overview

In statistical reporting, doing it right the first time pays off. ISO estimates the cost to change inaccurate procedures and wrong data to be five times the cost of doing it correctly the first time. Understanding and establishing accurate reporting procedures helps you save money, comply with regulatory/statutory filing requirements, and avoid regulatory penalties.

ISO’s Statistical Reporting Seminar provides an introductory overview of the statistical-submission process to help you understand the correct reporting procedures, create accurate statistical coding and error-monitoring techniques, and develop proper data-capture and reporting techniques.

Seminar Target Audience

The seminar is open to staff of ISO statistical reporting companies and their reporting vendors who are new to ISO statistical reporting responsibility or are in need of a refresher course.

What you’ll learn

The Statistical Reporting Seminar covers the following topics:

Getting Started — How does it begin?

Review of basic documents and tools for compliance with statistical reporting requirements:

  • statistical calls
  • statistical plans
  • filing schedule
  • technical requirements document
  • other circulars

Review statistical plan levels and eligibility

Discussion on ISO’s statistical plans and how they are structured:

  • what are ISO’s statistical plans
  • format of statistical plans
  • record layouts

Specific statistical reporting situations:

  • claims handling
  • reporting of outstanding losses
  • endorsements/cancellations
  • package policies
  • other special situations

Changes to statistical plans:

  • why there are changes
  • lead-time guidelines
  • suggested ways of controlling changes

Edits and company edit packages/services:

  • what they consist of
  • field and relationship edits
  • rate edits

Constructing statistical submissions

  • external label
  • transmittal record
  • submission control records
  • where to use the edit package

Types of submissions:

  • originals
  • resubmissions
  • error corrections
  • supplements
  • partials
  • nil transmittal forms

Methods of submitting data:

  • acceptable media
  • ISOeSubm

Submission analysis reports (SARs):

  • what they are and how to read them
  • error tolerances
  • review each part of an SAR

Data Quality Tools:

  • Annual Verification
  • Incentive Assessment Program
  • Performance Evaluation Program (Report Cards)

Statistical Web Services:

  • Web Company Edit Package
  • Submission History File Look-Up
  • Data Quality Review Utility