insurance::claim

Claim

A formal request by a policyholder to the insurer for payment under the terms of an in-force policy.

Canonical Definition

Claim bezeichnet die formelle Schadenmeldung eines Versicherungsnehmers gegenüber dem Versicherer.

Alternative Interpretations

Why the same term causes confusion across teams.

General English

Any assertion or statement of fact.

Legal

A demand for a remedy or recognised right.

Insurance

A formal payout request made under an insurance policy.

Business Impact

What happens when different meanings of Claim are used in parallel.

Operational Risk

Customer service may treat informal complaints as 'claims', distorting metrics.

AI Risk

Triage agents misclassify enquiries vs notifications of loss.

Compliance Risk

Claims registers diverge from regulatory definitions of complaint vs claim.

Integration Risk

Downstream reserving and reinsurance receive non-claims as claims.

Related Entities

Governance Metadata

This definition is governed. Not merely documented.

Owner
Chief Product Officer
Status
aligned
Version
1.0
Effective Date
2025-01-15
Source
WikiSure Insurance Working Group
Domain
Insurance
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