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Five Sigma's Claims Blog

Everything you need to know about modern claims management, including AI, automation, and operational excellence.

Five Sigma and Tego, Australian Malpractice Insurance firm

Tego Partners with Five Sigma to Modernize Claims Management in Australia

Tego Insurance, a specialist medical malpractice underwriter in Australia, has chosen Five Sigma's AI-Native, Automation-First platform to address the growing complexity and volume of claims. Five Sigma's advanced claims management platform will enable Tego to automate routine tasks, integrate seamlessly...
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Reshaping MGA Claims: Turning Complexities into Competitive Advantages

Discover how MGAs can turn claims management complexities into competitive advantages. Learn how advanced technology, data analytics, and strong partnerships can revolutionize operations....
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Partnership INIC-Five Sigma

Five Sigma Supports Indemnity National Insurance Company’s Claims Handling with AI-Native Claims Platform

INIC, a leading provider of commercial excess liability insurance, specializes in managing complex, high-value claims across over 40 states. INIC sought a seamless, efficient claims management system to support remote operations and handle extensive long-tail claims. Partnering with Five Sigma,...
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Legacy CMS, Modern CMS

Claims Management Systems: Build vs. Buy

Looking for a Claims Management System and facing the Build vs. Buy decision? Should you struggle with the complexities and costs of building in-house and getting exactly what you need, or should you leverage a CMS that’s available out-of-the-box? Our...
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Working with AI

Empowering Adjusters with AI: Insights for Informed Decision-Making

Discover how AI empowers adjusters to streamline their claims management process, enhancing efficiency and decision-making. This blog post delves into how artificial intelligence transforms the role of adjusters. Learn about the integration of predictive analytics, fraud detection, and real-time data...
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AI Agent

How to Implement AI in Claims Tech: Challenges and Solutions

Explore practical strategies for effectively implementing AI in your claims management to streamline processes and enhance operational efficiency. Our latest insights reveal how AI can transform traditional claims handling by automating routine tasks, improving data utilization, and ensuring seamless integration...
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Legal Claims Orchestration

Product Updates & Innovations, April 2024: Monitoring Legal Actions and Dashboards

Discover the latest enhancements from Five Sigma, designed to elevate your claims management experience with advanced legal action tracking, improved documentation, and near real-time insights. Our recent updates introduce a dedicated Legal Action Management feature, a revamped email editor, and...
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Claims Detective

Product Updates & Innovations, March 2024: FNOL Configuration

Explore Five Sigma's latest product updates that are transforming contact management and discovery in claims processing. Our new features include a customizable FNOL Configuration UI. This enhancement, powered by AI-native technology and automation, are designed to streamline your operations and...
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Happy Claims Adjuster at work

Product Updates & Innovations, February 2024: Deductables, Payment, Webhooks, and Claims Made Policies

Dive into Five Sigma's latest product updates designed to elevate your claims management experience with enhanced flexibility and integration. Our new features include Per Exposure Deductible Configuration, Enhanced Payment Configurations, Expanded Webhooks Functionality, Comprehensive Support for Claims Made Policies, and...
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Benefits of Modern Claims Platform

Handling Claims with Ease: 7 Breakthrough Benefits of Claims Management Software

5 MIN. READ Many industries have leveraged technology to improve efficiency—and, therefore, their bottom lines—yet claims operations seem stuck in the slow lane. Automated claims management software changes that. The key to improving efficiency is streamlining workflows. Well-crafted workflows transform...

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Partners

Choosing the Right Partner: A Guide to Evaluating Insurance Claims Software Vendors

5 MIN. READ Technology is driving a massive transformation in the insurance sector. Amidst these technological advancements, claims management software stands out as a critical tool for insurance companies looking to increase operational efficiency, improve service quality, and gain that...

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Modern and legacy

The Strategic Advantages of Modern Claims Solutions Over Legacy Technology

4 MIN. READ In the evolving insurance landscape, technology is driving significant changes. The digital revolution aims at efficiency, customer-centricity, and data-driven decisions. The impact has already been sweeping, and insurance companies that plan to continue using outdated legacy systems...

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