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

Uniwagnis risk-rating system - Overview

• Component: FS-CM

• Component Name: Claims Management

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

Uniwagnis risk-rating system - Details

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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