21    Policy Assets Tables

This section provides information about the Policy Assets tables in the Oracle Insurance Data Foundation application, and step-by-step instructions to use this section.

Topics:

·        About Policy Assets Dimension Tables

·        About Policy Assets T2T (Result Table)

·        Deploying Policy Assets Table on Hive

·        Populating Policy Assets Dimension Tables

·        Populating Policy Assets T2T Result Table

Policy Assets is an asset with an insurance policy. An insured asset is one for which an insurance company compensates the policyholder if the asset is damaged or destroyed. Companies and individuals have insurance policies on their assets, or at least their tangible assets, to transfer the risk associated with owning them. There are two types of Policy Asset types. The type under the movable category includes automobiles, and so on. The type under the immovable category includes real estate, equipment, and so on.

About Policy Assets Dimension Tables

Policy Assets Dimension table names and their description are given here.

Table 162: Policy Assets Dimension table names and their description

Logical Dimension Table Name

Dimension Table Description

Hazard Risk Level Dimension

Stores code details of the Hazard Risk Level.
Sample values: 1, 2, 3, and 4.

Hazard Risk Override Type Dimension

Stores code details of the Hazard Grade Override. This is a shorthand representation of the risk average degree assigned by a Rater or Underwriter to the standard Hazard Grade Code.
Sample values: degree1, degree2, and degree3.

Policy Asset Sub Type Dimension

Stores details of the asset subtype of a policy.
Sample values: AerationFan, AerBinHeaters, AerDuctwork, BalerSquare, and so on.

Policy Asset Valuation Type Dimension

Stores details of the code that identifies the method used to determine the policy asset value. This table uses the ValuationMethod code list.
Sample values: Appraisal, CompSale, and SaleRec.

Policy Covered Asset Dimension

Stores details of the assets covered in the policy.

Policy Asset Type Dimension

Stores details of the type of asset covered in the policy. The types of policy assets are Real Estate, Equipment, Automobiles, and so on. The type under the movable category includes automobiles, and so on. The type under the immovable category includes real estate, equipment, and so on.

Risk Qualifier Type Dimension

Stores details of the risk qualifier type that is either applicable or not for the insurance.
Sample values: APT, AR, BB, CNT, DP, ED, MT, and so on.

 

The mapping details for the Policy Assets Dimension tables are given here.

Table 163: The mapping details for the Policy Assets Dimension tables

Map Reference Number

Source Table Name

Logical Stage Table Name

Dimension Table Name

Logical Dimension Table Name

801

STG_HAZARD_RISK_LEVEL_MASTER

Stage Hazard Risk Level Master

DIM_HAZARD_RISK_LEVEL

Hazard Risk Level Dimension

802

STG_HAZ_RISK_OVRDE_TYPE_MASTER

Stage Hazard Risk Override Type Master

DIM_HAZ_RISK_OVRDE_TYPE

Hazard Risk Override Type Dimension

807

STG_POL_ASSET_SUB_TYPE_MASTER

Stage Policy Asset Sub Type Master

DIM_POL_ASSET_SUB_TYPE

Policy Asset Sub Type Dimension

808

STG_POL_ASSET_VAL_TYPE_MASTER

Stage Policy Asset Valuation Type Master

DIM_POL_ASSET_VAL_TYPE

Policy Asset Valuation Type Dimension

809

STG_POL_COV_ASSET_MASTER

Stage Policy Covered Asset Master

DIM_POL_COV_ASSET

Policy Covered Asset Dimension

810

STG_POLICY_ASSET_TYPE_MASTER

Stage Policy Asset Type Master

DIM_POLICY_ASSET_TYPE

Policy Asset Type Dimension

811

STG_RISK_QUALIFIER_TYPE_MASTER

Stage Risk Qualifier Type Master

DIM_RISK_QUALIFIER_TYPE

Risk Qualifier Type Dimension

 

About Policy Assets T2T (Result Table)

Policy Assets T2T and its description are given here.

Table 164: Policy Assets T2T and its description

T2T Name

T2T Description

T2T_FCT_POL_COV_ASSET_DTLS

Stores details of the assets covered in the policy.

T2T_FCT_POLICY_COV_ASSET_MAP

Stores the mapping identification information between the policy and the covered asset.

 

The mapping details for Policy Assets T2T is given here.

Table 165: The mapping details for Policy Assets T2T

Source Table Name

Logical Stage Table Name

Fact Table Name

Logical Fact Table Name

T2T Name

STG_POL_COV_ASSET_DTLS

Stage Policy Covered Asset Details

FCT_POL_COV_ASSET_DTLS

Fact Policy Covered Asset Details

T2T_FCT_POL_COV_ASSET_DTLS

STG_POLICY_COV_ASSET_MAP

Stage Policy Coverage Asset Map

FCT_POLICY_COV_ASSET_MAP

Fact Policy Coverage Asset Map

T2T_FCT_POLICY_COV_ASSET_MAP

 

Deploying Policy Assets Table on Hive

All RDBMS related Result tables can also be deployed on Hive (Stage and Results). Deploy the Hive T2Ts using the Rules Run Framework. For more information, see the Rules Run Framework section in the Oracle Financial Services Advanced Analytical Applications Infrastructure User Guide Release 8.1.0.0.0.

 

NOTE

In general, Stage and Result tables are also supported in Hive. However, there are some exceptions. For a list of tables that are not supported in Hive, see List of Unsupported T2Ts

 

Populating Policy Assets Dimension Tables

Follow this SCD process to populate data into a Dimension table:

 

NOTE

You can also follow this SCD process to populate data into any Hive-related Dimension table.

 

1.     To populate data into a Dimension table, execute the SCD batch. For a detailed procedure, see the Slowly Changing Dimension (SCD) Process.

2.     To check the SCD batch execution status of a Dimension table, follow the procedure Check the Execution Status of the SCD Batch.

3.     To verify log files, and check the error messages (if any), follow the procedure Verify Log Files and Check Error Messages.

Populating Policy Assets T2T Result Table

Follow this T2T process to populate data into any T2T Result table:

 

NOTE

Only RDBMS T2Ts can be executed using the PMF.

 

1.     To populate data into any T2T Result table, execute the PMF process for that T2T. For a detailed procedure, see the following sections:

a.     Prerequisites for loading T2T.

b.     Select the Run Parameters and Execute the Run.

2.     To check the T2T execution status and verify the log files of any Result table, follow the procedure in the Verify the Run Execution section.

3.     To check the error messages, if any, follow the procedure in the Check Error Messages section.