What is the primary purpose of assignment in automated claim setup?

The primary purpose of assignment in automated claim setup is to determine the owner of the claim and exposures. In the context of claims processing, assigning ownership effectively designates a specific person or team responsible for managing each claim. This is crucial for ensuring accountability and proper handling of the claims process throughout its lifecycle. The assigned owner is responsible for decision-making, overseeing the exploration of the claim, and implementing necessary actions based on the claim's specifics.

While identifying claimants is significant, it is a part of the broader initial process rather than the primary function of assignment. Similarly, calculating costs and organizing claims by severity are important aspects of claims management, but they do not directly relate to the assignment function. The focus of assignment is on delineating responsibility and ensuring that claims are managed by appropriate personnel or departments, which helps streamline processes and improve efficiency in claims handling.