Do you have any question about this SAP term?
Component: FS-CM
Component Name: Claims Management
Description: Person named in an automobile insurance policy as being an additional driver. This person is not necessarily identical to the person named as being the policyholder. If someone has an accident with the insured vehicle, the conditions for liability and coverage will be different if one of the named drivers was at the wheel.
Key Concepts: Named driver is a term used in the FS-CM Claims Management component of SAP. It refers to a driver who is specifically named in an insurance policy and is covered by the policy. This driver is usually the primary driver of the vehicle, but can also include other drivers who are listed on the policy. How to use it: In order to use named driver in FS-CM Claims Management, you must first create a policy that includes the named driver. This can be done by entering the driver's name and other relevant information into the system. Once the policy is created, you can then assign the named driver to any claims that are related to that policy. Tips & Tricks: When creating a policy with a named driver, make sure to double-check all of the information that is entered into the system. This will ensure that all of the details are correct and that the named driver is properly covered by the policy. Related Information: Named driver is just one of many terms used in FS-CM Claims Management. Other terms include insured, claimant, and third party. Understanding these terms and how they relate to each other will help you better understand how to use FS-CM Claims Management.