Five Sigma Named Technology Standout in Claims Management Solutions by Celent

Five Sigma’s Claims Management Solution cited in Celent’s report for its powerful built-in analytics capabilities, comprehensive litigation tool, and business intelligence insights.

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.

Oded Barak Co-founder and CEO, Five Sigma
Oded Barak is the Co-founder and CEO of Five Sigma, a leading SaaS Claims Management solution. His previous experience includes leadership positions at Amdocs (DOX), Oteko and an investment banker at Goldman Sachs. Oded completed his MBA at Northwestern – Kellogg School of Management in Chicago. He is a father of three and lives in Israel.
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