What is Uniwagnis risk-rating system in SAP FS-CM - Claims Management?

SAP Term: Uniwagnis risk-rating system

• Component: FS-CM

• Component Name: Claims Management

• Description: Database-supported procedure for determining special risks and for preventing fraud in the insurance industry.

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• Key Concepts: 
  Uniwagnis risk-rating system is a component of the FS-CM Claims Management module in SAP. It is a risk-based approach to claims management that helps insurers to identify and manage risks associated with claims. The system uses a variety of data points to assess the risk of a claim, including the type of claim, the amount of the claim, and the claimant's history. The system then assigns a risk rating to each claim, which can be used to determine the appropriate course of action.
  
  How to use it: 
  The Uniwagnis risk-rating system can be used to assess the risk associated with a claim and determine the appropriate course of action. The system uses a variety of data points to assess the risk of a claim, including the type of claim, the amount of the claim, and the claimant's history. Once the data points have been assessed, the system assigns a risk rating to each claim. This rating can then be used to determine how best to handle the claim.
  
  Tips & Tricks: 
  When using Uniwagnis risk-rating system, it is important to ensure that all relevant data points are taken into account when assessing the risk associated with a claim. This includes not only the type and amount of the claim but also any relevant information about the claimant's history. Additionally, it is important to ensure that all data points are up-to-date and accurate in order for the system to provide an accurate assessment of risk.
  
  Related Information: 
  Uniwagnis risk-rating system is part of SAP's FS-CM Claims Management module. Other components of this module include claims processing, claims adjudication, and claims reporting. Additionally, SAP offers other modules related to insurance such as FS-CD Customer Data Management and FS-CRM Customer Relationship Management.