🚩 Loss Events in Claimable are events, incidents or occurrences that result in multiple losses or claims involving one or more claimants.
Examples of loss events can be natural disasters such as floods, large incidents involving many parties, class action, product recalls etc.
But they can be used for any occasion that yields multiple linked claims!
Claimable enables you to keep track of an unlimited number of Loss Events, along with its associated claims, notes, and documents.
You should use Loss Events if:
You usually deal with multiple claims that have originated from one specific event or source.
You manage complex claims involving various claimants and different damages.
You need to group several claims for reporting and organisational purposes.
You frequently duplicate claims to create variations of related claims.
Using Loss Events
Loss Events are available on our Growth and Established price plans. If you would like to start using Loss Events just contact us and we will activate them on your account.
Creating a Loss Event
To create a Loss Event, just hover over the "⚡️Claims" tab and click on "🚩Loss Events".
On the main Loss Event list view, click on "+ New Loss Event", fill in the required information and click "Create".
Once a Loss Event is created, you can upload documents to it, record notes, and link claims to it.
Linking claims to a Loss Event
Once you have created the Loss Event, you can link relevant claims to it. Loss Events can be linked to existing claims via the "Loss Event" field on the Claim Details page or during claim creation.
When a Loss Event is linked to a claim, a Loss Event tab within the claim will appear and show the Loss Event details, in read-only mode. To edit the Loss Event visit the main Loss Event record.
Reporting claims by Loss Events
Claimable allows you to report on claims by a specific Loss Event. To do so, you can select the event in question in the Loss Event dropdown when creating a claims filter.
