Five Sigma's Claims Blog

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

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Cyber Insurance: How to Successfully Manage Cyber Claims

Claims Management Systems

Jan 11, 2023

Discover how an intelligent claims management solution enables cyber insurance companies to successfully respond to and manage cyber claims, to mitigate the impact of a cyber loss....

Insurance Claims Software for 2023: New Types of Coverage Call for New Claims Technology

Claims Management Systems, InsurTech

Jan 04, 2023

The insurance landscape is changing quickly. To keep up, insurers and insurtechs need AI-powered software that will continue evolving along with their needs....

Video: Customer Success Story – Qover Reduces Unit Claims Cost by 35%

Customer Experience, Video

Dec 21, 2022

Watch Qover uncover the benefits of partnering with Five Sigma. Discover how they achieved a 35% reduction in unit claims cost and enhanced customer satisfaction through Five Sigma’s flexible, intuitive platform. Learn how the ability to create custom claim configurations...

Survey: 4 Out of 5 Insurance Execs Say It Takes More Than 30 Days to Close a Claim

Claims Intelligence

Dec 21, 2022

Our recent survey of senior insurance executives sheds light on the state of claims management and the use of innovative tech. Here’s a look at our key findings....

FNOL: Optimizing the Claims Process Starts

Claims Intelligence, Claims Management Systems, FNOL

Dec 15, 2022

First Notice of Loss (FNOL) is the initial report to an insurance provider following the loss, theft or damage of an insured asset. Here's what insurers should consider to optimize claims FNOL and ensure customer loyalty....

Insurance Claims in 2023: Our CEO’s View on the Year Ahead

InsurTech

Dec 06, 2022

How will claims management change in 2023? What effects will innovation, economic trends, and consumer pressures have? Check out our CEO’s views on the year ahead....

How Insurance Claims Dashboards Package Helps Insurers Battle Economic Downturn

Claims Data, Claims Intelligence, Claims Reporting and Dashboards, Product Updates

Dec 04, 2022

Now claims leaders get all the data and insights needed to improve their time to resolution, control indemnity expenses, and reduce claims leakage. Learn more....

How Claims Systems are Keeping the Catastrophe out of Catastrophe Claims

Claims Management Systems

Nov 29, 2022

As the insurance industry faces increasing losses from natural catastrophes, see how the right claims system can help you handle sudden influx and large volume of claims....

Our CEO’s 4 Key Takeaways from Connected Claims USA 2022

Events, InsurTech

Nov 10, 2022

Even when you’re there to share your expertise, industry events can be a valuable learning experience. Here’s what our CEO saw at Connected Claims USA 2022....

Bringing Pet Insurance to Heel with Intelligent Claims Management

Claims Intelligence, Claims Management Systems

Nov 09, 2022

Discover how an intelligent claims management solution enables pet insurers to increase adjusting efficiency, improve accuracy, optimize decision-making, enhance customer satisfaction, and more....