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Five Sigma Named Most Promising AI Startup for Claims

1 MINUTE READ

Five Sigma is proud to be recognized by InsurTech Israel as the Most Promising Startup in AI for Claims. This recognition celebrates our team’s drive to reshape claims management through AI innovation, automation-first workflows, and future-proof technology.

At the heart of that innovation is Clive™, the insurance industry’s first AI Claims Adjuster. Clive brings AI and automation capabilities to any Claims Management System (CMS), performing end-to-end claims handling in full alignment with each insurer’s standard operating procedures.

Clive, already in production, is setting a new standard for how claims should be managed: More automation, less manual work, better customer outcomes.

“I’m incredibly proud to accept this award on behalf of the entire Five Sigma team. Being recognized as the Most Promising Startup in AI for Claims is a powerful affirmation of the work we’re doing with Clive, our AI Claims Adjuster. Clive is redefining what’s possible in claims by leveraging AI to deliver automation and accuracy, and to drive faster and better resolutions, reduce errors, and elevate the customer experience. Thank you to InsurTech Israel for shining a light on the future of insurance. And thank you to our amazing team. This award belongs to all of you.”
— Oded Barak, Co-Founder & CEO, Five Sigma

 

Most Promising AI Startup for Claims - Five Sigma
Most Promising AI Startup for Claims - Five Sigma
Most Promising AI Startup for Claims - Five Sigma
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Five Sigma - AI-Native Claims Management

Five Sigma offers an AI-native claims management platform (CMS) and Clive, our AI Claims Adjuster, which streamline every step of claims handling. 

Clive™, the insurance industry’s first AI Claims Adjuster, offers unparalleled automation and insights on top of any CMS! Clive adds AI capabilities to any existing system to automate routine tasks, dynamically plan claim handling, and advance the claim automatically according to the insurer’s operating procedure (SOP). Clive drives artificial intelligence, efficiency, and accuracy in claims handling. Adjusters are freed to focus on complex decision-making and better customer service.

Five Sigma’s CMS platform empowers adjusters to excel, speeding up claims handling and improving customer satisfaction with 360° claim visibility, advanced automation, a user-friendly interface, and useful insights.

For insurers, MGAs, and TPAs, Five Sigma is a risk-free solution that unlocks unprecedented benefits quickly. Insurers gain unparalleled visibility into their claims and operations, resulting in a significant reduction in Loss Adjustment Expenses. Five Sigma is a future-proof platform that is always up to date for the benefit of all its customers and gives insurers the agility to handle any claim faster, add new Lines of Business in less than a day, and accommodate new business models easily.

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Meet Clive™, the insurance industry’s first AI Claims Adjuster