Five Sigma Named Technology Standout in Claims Management Solutions by Celent

We are happy to announce that Five Sigma has been recognized as a Technology Standout in the Claims Systems Vendors: North American Property & Casualty Insurance, 2022 Edition Report by Celent. The report profiled and evaluated 23 core claims solutions, based on their functionality, customer bases, lines of business supported, technology, implementation, pricing, and support.

According to Celent’s report, “Five Sigma’s Claims Management Solution is an impressive solution that offers a particularly crisp UI and has powerful built-in analytics capabilities. Insurers looking for a highly usable SaaS-native core claims system that provides a wide array of analytics and BI capabilities may be particularly interested in this offering.” Celent also highlighted that the Five Sigma CMS “has a modern and cutting-edge UI. Intake screens and the adjuster workbench are well designed and intuitive. Not only are there many user-friendly icons that can streamline the claims workflow, but it is also easy for users to navigate to where they need to go and convey a lot of information.”

“We are proud that Celent recognized us as a Technology Standout in an evaluation of our cloud SaaS CMS solutions, but what we believe truly sets us apart is our single-mindedness to being the most innovative and disruptive claims management vendor on the market,’” said Five Sigma CEO and Co-founder Oded Barak. “We leverage AI and data and provide claims intelligence to make claims processing smarter and simpler, at any scale. Going forward we will continue to serve P&C insurance carriers with the best CMS solutions to drive the success of the business.”

Download the report for the full overview and evaluation of Five Sigma’s Claims Management Solutions.

Five Sigma - AI-Native Claims Management Platform

Five Sigma offers an AI-native claims management platform that streamlines every step of the claims process. With full visibility of the claim at a single place, advanced automation, and data-driven insights, Five Sigma empowers adjusters to excel, speeding up claims handling and improving policyholder satisfaction. Adjusters are freed to focus on decision-making and customer service. 

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. The result is 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, enabling you to adapt swiftly to market changes ahead of the competition.

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