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Insurance, Localization of Vehicle Functions for Russia Locate this document in the navigation structure

 

Technical Data

Technical Name of Business Function

/GSINS/INS_LOC_01

Type of Business Function

Industry Business Function

Available As Of

SAP Enhancement Package 5 for SAP ERP 6.0

Technical Usage

Insurance

Application Component

Financial Services Localization (FS-CM-LC)

Directly Dependent Business Function Requiring Activation in Addition

Insurance Auto Claim Best Practice (INS_FSCM_AUTO)

You can use this business function to meet business requirements in the Insurance component for Russia.

Prerequisites

You have installed the following components as of the version mentioned:

Type of Component

Component

Is Needed Only for the Following Features

Software Component

FI-CA 605

INSURANCE 605

SAP_APPL 605

SAP NetWeaver - Business Intelligence (BI)

SAP Netweaver 7.0 BI Content Add-On 5

You have activated the Insurance Auto Claim Best Practice (INS_FSCM_AUTO) business function.

Features

Functions for Reserve Calculation

You can use the following functions that are related to the calculation of reserves:

  • Reserve of claimed but unsettled losses

    You can calculate the amount of the unearned premium reserves and the insurance premiums that you must pay back to the insured due to the pre-termination of their contract.

    It also enables you to prepare a printout format and a reserve lot for posting.

    For more information, see Reserve Calculation of Claimed, but Unsettled Losses.

  • Unearned premium reserves

    You can calculate the base insurance premium and the unearned premium reserve for the accounting groups. For more information, see Unearned Premium Reserve Calculation.

Accounting and Supervisory Reporting

You can use new functions to prepare statutory forms for accounting and supervisory reporting in the format defined by law. For more information, see Accounting and Supervisory Reports.

Claim Creation and Processing

You can record the details of an accident and process claims for third-party liability insurance that your policyholders file with you. You can generate a claim report and segment three of the official document that contains details about third-party liability insurance for vehicle owners. For more information, see Claim Creation.

Business Intelligence (BI) Content

You can use the BI Content to generate the legal forms 1–SK, 1–S, and 1–FS and to analyze data related to incurred but not reported loss (IBNR) and stabilization reserves.

For more information, see the BI Content documentation.