Private person - any individual whose data record is with Tuum.
Legal person - any organisation whose data record is with Tuum.
Risk type - the category of risk to clarify the scope of the respective risk type if covered. For example, credit risk.
Risk level - the impact level of risk. For example, it can be defined as low, medium, high.
This guide explains how to create and manage persons in the Tuum BackOffice interface.
Here you will learn about:
In the Tuum environment, a customer is known as a person. There are two types of persons - and . A private person represents an individual. A legal person is any type of organisation such as a business entity or a non-profit legal entity.
The Tuum person module allows you to create new person records and set up necessary configuration parameters. With the BackOffice interface, you can manage persons and person-related risk and . To view the user privileges required, see the .