Ο ασφαλισμένος περιμένει τον διακανονισμό και θα αποζημιωθεί.

Ο is the masculine singular definite article, meaning the.

So:

• ασφαλισμένος = insured / insured person
• ο ασφαλισμένος = the insured person / the policyholder

In Greek, the definite article is used very often, much like in English, but also with words that originally come from adjectives and are being used as nouns. Here ασφαλισμένος literally means insured, but in this sentence it functions as a noun: the insured person.

Also note that ασφαλισμένος is masculine singular. A feminine version would be η ασφαλισμένη.

In this sentence, ασφαλισμένος means the insured person, often understood as the policyholder or the person covered by insurance.

It comes from the verb ασφαλίζω = to insure.
The form ασφαλισμένος is a past participle/passive participle meaning insured.

So Greek often uses a participle like a noun:

• ο ασφαλισμένος = the insured man / insured person
• η ασφαλισμένη = the insured woman
• οι ασφαλισμένοι = the insured people

Depending on context, English might translate it in different ways, such as:

• the insured
• the insured person
• the policyholder

Τον διακανονισμό is in the accusative singular masculine. It is the direct object of the verb περιμένει.

The basic form is:

• ο διακανονισμός = the settlement / arrangement

But after a verb like περιμένω (to wait for / expect), the noun becomes the object, so it goes into the accusative:

• ο διακανονισμός → τον διακανονισμό

This article change is very common in Greek:

• nominative: ο
• accusative: τον

So:

• Ο ασφαλισμένος = subject
• τον διακανονισμό = object

In insurance or legal/financial language, διακανονισμός usually means something like:

• settlement
• claim settlement
• arrangement
• resolution

In this sentence, it most likely refers to the processing or settlement of an insurance claim.

So περιμένει τον διακανονισμό is not just a literal waits for the arrangement in a general sense, but more naturally something like:

• is waiting for the settlement
• is waiting for the claim to be settled

The exact English choice depends on the broader context.

Greek present tense often covers both the simple present and the present continuous in English.

So περιμένει can mean:

• he/she waits
• he/she is waiting

Which one sounds better in English depends on context.

The verb is περιμένω = to wait (for), expect.
Here περιμένει is the third person singular present:

• περιμένω = I wait / am waiting
• περιμένεις = you wait / are waiting
• περιμένει = he/she/it waits / is waiting

Since ο ασφαλισμένος is singular, περιμένει matches it.

Because Greek usually does not need subject pronouns when the verb ending already shows the person and number.

In English, you must say he waits or he will be compensated.
In Greek, the verb form itself already tells you it is he/she/it:

• περιμένει = he/she/it waits
• θα αποζημιωθεί = he/she/it will be compensated

Since the subject ο ασφαλισμένος is already stated, adding a pronoun like αυτός would usually be unnecessary unless you wanted extra emphasis.

Θα αποζημιωθεί means will be compensated or will receive compensation.

It breaks down like this:

• θα = future marker
• αποζημιωθεί = passive verb form

The verb is αποζημιώνω = to compensate.
Its passive form is αποζημιώνομαι = to be compensated.

In this sentence, αποζημιωθεί is a form used after θα to express the future. So the whole phrase means:

• he will be compensated

This is a very common Greek pattern:

• θα
  • verb form = future meaning

It is passive because the subject is receiving the action, not doing it.

Compare:

• active: Η εταιρεία θα αποζημιώσει τον ασφαλισμένο.
  = The company will compensate the insured person.

• passive: Ο ασφαλισμένος θα αποζημιωθεί.
  = The insured person will be compensated.

So in your sentence, the important person is the insured, and Greek makes him the subject of a passive verb.

This is very natural in formal, legal, and insurance-related Greek.

It can correspond to either in English.

A more formal translation is:

• will be compensated

A more natural everyday English translation might be:

• will get compensated

Greek itself is neutral here. The form is grammatically passive, but English can express that idea in more than one way.

Greek often omits repeated elements when they are understood.

The subject ο ασφαλισμένος applies to both verbs:

• περιμένει
• θα αποζημιωθεί

So Greek does not need to repeat it:

• Ο ασφαλισμένος περιμένει τον διακανονισμό και θα αποζημιωθεί.

English does the same:

• The insured person is waiting for the settlement and will be compensated.

You could repeat the subject for emphasis, but it would normally be unnecessary.

Yes, Greek word order is more flexible than English because case endings help show who is doing what.

The neutral order here is:

• Ο ασφαλισμένος περιμένει τον διακανονισμό και θα αποζημιωθεί.

But Greek could move things around for emphasis, for example:

• Τον διακανονισμό περιμένει ο ασφαλισμένος και θα αποζημιωθεί.

That would put more focus on the settlement.

Even so, the original version sounds natural and straightforward, especially in formal written language.

The stress marks are important in Greek:

• ασφαλισμένος
• περιμένει
• διακανονισμό
• αποζημιωθεί

A rough pronunciation guide:

• ο ασφαλισμένος ≈ oh as-fa-lee-smeh-NOS
• περιμένει ≈ pe-ree-MEH-nee
• τον διακανονισμό ≈ ton thee-a-ka-no-nee-SMO
• και θα αποζημιωθεί ≈ keh tha a-po-zee-mee-o-THEE

A few useful notes:

• αι is pronounced like e
• ει is also pronounced like ee
• θ sounds like th in think
• δ before front vowels is often like the th in this when pronounced in δια-

The stress mark shows which syllable gets the emphasis.

It sounds somewhat formal and fits well in contexts like:

• insurance documents
• customer service messages
• legal or administrative writing

That is mainly because of words like:

• ασφαλισμένος
• διακανονισμός
• αποζημιωθεί

In everyday conversation, someone might say something less formal depending on the situation, but this sentence is perfectly normal Greek, especially in professional communication.